Rithm Capital Corp. 4
4 · Rithm Property Trust Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Rithm (RPT) 10% Owner Rithm Capital Corp. Receives 105,687 Shares
What Happened Rithm Capital Corp., a reported 10% owner, acquired 105,687 shares of Rithm Property Trust (RPT) on Feb 12, 2026. The shares were recorded at $15.17 each for a reported value of $1,603,272 (transaction code J — "other acquisition or disposition"). This was not an open-market purchase but an issuance of shares as payment for a quarterly management fee.
Key Details
- Transaction date and price: 2026-02-12 — 105,687 shares at $15.17 each; reported total $1,603,272.
- Filing date: Form 4 filed 2026-02-17 (filed after the 2-business-day deadline typically required for Section 16 filers).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes of note:
- F1: Shares were issued to RCM GA Manager LLC (the Adviser), an affiliate, as payment of the quarterly management fee; the Adviser may elect cash or stock under the management agreement.
- F2: The shares are owned directly by RCM GA Manager LLC; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- Remarks: All share numbers reflect a 1-for-6 reverse stock split effective Dec 30, 2025.
Context This transaction reflects an issuer-issued fee payment to an affiliated manager (an institutional 10% owner), not a typical insider buy/sell signal from an executive. Transaction code J denotes "other acquisition/disposition" — here used to report shares issued as fee compensation. The late filing may trigger routine SEC follow-up or require explanation, but the transaction itself is a compensation issuance rather than an investment purchase.
Insider Transaction Report
- Other
Common Stock, par value $0.01 per share
[F1][F2]2026-02-12$15.17/sh+105,687$1,603,272→ 179,317 total(indirect: See Footnote 2)
- 476,032
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]Reflects shares issued by the Issuer to RCM GA Manager LLC (the "Adviser"), an affiliate of the reporting person, as payment of the quarterly management fee, which can be paid in cash or shares of the Issuer's common stock at the election of the Adviser, as compensation for the services the Adviser provides to the Issuer and its subsidiaries, pursuant to, and subject to the terms and conditions of, the management agreement among the Issuer, Great Ajax Operating Partnership LP and the Adviser.
- [F2]These shares are owned directly by RCM GA Manager LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.