Rithm Capital Corp. 4
4 · Rithm Property Trust Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Rithm Property Trust (RPT) 10% Owner Rithm Capital Acquires 110,794 Shares
What Happened
Rithm Capital Corp. (named as a 10% owner) reported an acquisition of 110,794 shares of Rithm Property Trust common stock on 2026-04-27 at $14.50 per share, a total value of $1,606,513. The shares were issued by the company to RCM GA Manager LLC (an affiliate/adviser) as payment of the quarterly management fee, not an open-market purchase.
Key Details
- Transaction date and price: 2026-04-27 at $14.50 per share.
- Shares acquired: 110,794; aggregate value: $1,606,513.
- Filing date: 2026-04-30 (three calendar days after the trade); appears to be one business day later than the typical two-business-day Form 4 filing window.
- Ownership after transaction: the filing indicates these shares are owned directly by RCM GA Manager LLC; total post-transaction holdings for Rithm Capital Corp. are not disclosed in the provided summary.
- Footnotes:
- F1 — Shares were issued to RCM GA Manager LLC (the Adviser) as payment of the quarterly management fee; the Adviser can elect cash or shares 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 its pecuniary interest.
Context
This was an issuer-issued compensation payment to an adviser affiliate (a contractual fee in stock), not an open-market buy by an executive. For retail investors, that means the transaction reflects fee payment mechanics rather than a direct personal investment decision by company insiders. The reporting entity is a 10% owner (institutional/affiliate), so interpret this as contractual compensation activity rather than a typical insider "buy" signaling conviction.
Insider Transaction Report
- Other
Common Stock, par value $0.01 per share
[F1][F2]2026-04-27$14.50/sh+110,794$1,606,513→ 290,111 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.