Rithm Capital (RITM) Director Peggy H. Hebard Sells 14,520 Shares
$RITM · Rithm Capital Corp.Research Summary
AI-generated summary of this SEC filing
Rithm Capital (RITM) Director Peggy H. Hebard Sells 14,520 Shares
What Happened
Peggy H. Hebard, a director of Rithm Capital Corp. (RITM), sold 14,520 common shares in an open-market sale on August 20, 2026. The shares were disposed at $10.18 per share for a total transaction value of $147,741. This was a sale (disposition) rather than a purchase or option exercise.
Key Details
- Transaction date and price: 2026-08-20 at $10.18 per share (total $147,741).
- Transaction type/code: Sale (S) — listed as open market or private sale.
- Shares owned after transaction: Not provided here; consult the Form 4 for post-transaction holdings.
- Filing date: Form 4 was filed with the SEC on 2026-08-25 (five days after the transaction). The SEC generally requires Form 4 filings within two business days of the transaction, so review the filing for any timeliness designation or explanation.
- No footnotes, 10b5-1 plan, tax-withholding, or exercise indicators were provided in this summary.
Context
Insider sales can be routine (diversification, tax planning, or scheduled transactions) and do not by themselves indicate company performance. Because this was a straightforward sale with no accompanying option exercise, gift, or award, there is no immediate implication of additional derivative activity. Retail investors should check the full Form 4 for post-sale ownership details and any footnotes explaining the timing or plan governing the sale.