Hebard Peggy Hwan 4
Research Summary
AI-generated summary
Rithm Capital Director Peggy Hebard Receives 17,279-Share Award
What Happened
Peggy Hwan Hebard, a director of Rithm Capital Corp. (RITM), was granted 17,279 shares on May 26, 2026 as an award/compensation (transaction code A). The shares were issued at $0.00 to Hebard as compensation under the company’s Omnibus Incentive Plan and Board resolutions. Using the applicable closing price of $9.26 on May 22, 2026, the grant is roughly valued at $160,004.
Key Details
- Transaction date: 2026-05-26 (report filed 2026-05-27) — filing appears timely.
- Transaction type/code: Award/Grant (A); acquisition reported at $0.00 per share.
- Shares granted: 17,279; estimated value ≈ $160,004 (17,279 × $9.26 closing price on 5/22/2026).
- Shares owned after transaction: Not specified in the provided entry.
- Footnote: Shares issued as director compensation under the Issuer’s Omnibus Incentive Plan and additional Board terms (closing price used for valuation noted). No 10b5-1 plan, tax-withholding, or sale reported in this filing.
Context
This was a compensation grant to a director, not an open-market purchase or sale; such awards are routine for board compensation and do not by themselves indicate a buy/sell signal. The value shown is an estimate based on the noted closing price; vesting or transfer restrictions (if any) were not disclosed in the provided footnote.