4//SEC Filing
Nierenberg Michael 4
Accession 0001591719-25-000010
CIK 0001556593other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 4:33 PM ET
Size
18.2 KB
Accession
0001591719-25-000010
Insider Transaction Report
Form 4
Nierenberg Michael
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-04-30+4,168→ 1,097,388 total - Award
Class B Profits Units of Rithm Capital Management LLC
2025-04-30+4,516→ 306,385 total→ Common Stock (4,516 underlying) - Award
Class B Profits Units of Rithm Capital Management LLC
2025-04-30+20,323→ 925,933 total→ Common Stock (20,323 underlying) - Award
Class B Profits Units of Rithm Capital Management LLC
2025-04-30+5,662→ 257,975 total→ Common Stock (5,662 underlying)
Holdings
- 56,287(indirect: By Trust)
Common Stock
- 24,400(indirect: Custodian for Son)
Common Stock
- 301,548(indirect: By Trust)
Common Stock
- 130,458(indirect: By 2019 GRAT)
Common Stock
- 23,850(indirect: Custodian for Daughter)
Common Stock
- 301,548(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Represents dividend equivalent rights accrued on existing time-based restricted stock units, the grant of which was previously reported, in connection with the issuer's quarterly dividend. Such dividend equivalent units will vest on the same schedule and are subject to the same terms and conditions as the underlying awards.
- [F2]Includes 189,899 unvested restricted stock units and 192,678 unvested shares of restricted stock.
- [F3]Class B Profits Units of Rithm Capital Management LLC ("RCM") will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis pursuant to the terms and conditions set forth in the Rithm Capital Management LLC Long Term Incentive Plan and the individual award agreement.
- [F4]Represents dividend equivalent rights accrued on existing Class B Profits Units, the grant of which was previously reported, in connection with the Issuer's quarterly dividend. Such dividend equivalent Class B Profits Units will vest on the same schedule and are subject to the same terms and conditions as the underlying awards.
- [F5]Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on March 15, 2024, which will vest in three equal annual installments on March 15 of each of 2025, 2026 and 2027, so long as the Reporting Person remains in continued employment with the Issuer. These Class B Profits Units will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis after they have become vested and a sufficient amount of profits have been allocated to the holder of the Class B Profits Units.
- [F6]Reflects a profits interest award in the form of Class B Profits Units in RCM earned based on annual return on equity for the 2024 performance period. As of January 27, 2025, performance-based criteria have been satisfied for 1 of the 3 tranches, which will vest on March 15, 2027, so long as the Reporting Person remains in continued employment with the Issuer. These Class B Profits Units are exchangeable into shares of Common Stock of the Issuer on a one-for-one basis after they have become vested and a sufficient amount of profits have been allocated to the holder of the Class B Profits Units.
- [F7]Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on February 24, 2025, which will vest in three equal annual installments on February 24 of each of 2026, 2027 and 2028, so long as the Reporting Person remains in continued employment with the Issuer. These Class B Profits Units will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis after they have become vested and a sufficient amount of profits have been allocated to the holder of the Class B Profits Units.
Documents
Issuer
Rithm Capital Corp.
CIK 0001556593
Entity typeother
Related Parties
1- filerCIK 0001591719
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 4:33 PM ET
- Size
- 18.2 KB