4//SEC Filing
Zeiden David 4
Accession 0001991661-25-000009
CIK 0001556593other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 4:31 PM ET
Size
9.8 KB
Accession
0001991661-25-000009
Insider Transaction Report
Form 4
Zeiden David
Chief Legal Officer
Transactions
- Award
Class B Profits Units of Rithm Capital Management LLC
2025-07-31+413→ 39,843 total→ Common Stock (413 underlying) - Award
Class B Profits Units of Rithm Capital Management LLC
2025-07-31+441→ 21,938 total→ Common Stock (441 underlying)
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on May 1, 2024, which will vest in two equal installments on January 1 of each of 2025 and 2026, 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.
- [F4]The Reporting Person's Form 4 filings on each of February 4, 2025 and May 2, 2025 inadvertently overstated the number of Class B Profit Units granted to the Reporting Person as dividend equivalents by 419 and 432 Class B Profit Units, respectively. The total amount reported in Column 9 corrects the balance of the Reporting Person's account.
- [F5]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 0001991661
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 4:31 PM ET
- Size
- 9.8 KB