Zeiden David 4

What Happened
David Zeiden, Chief Legal Officer of Rithm Capital Corp. (RITM), was granted 14,957 Class B Profit Units on January 20, 2026. The award is reported at $0.00 per unit (an equity award/derivative rather than a purchase or sale). The filing shows these units were earned based on 2025 performance and certified by the Compensation Committee.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely within the normal 2-business-day window).
• Reported grant: 14,957 Class B Profit Units; reported price $0.00 (derivative award).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnotes of note:
  • The Class B Profit Units are exchangeable into common stock of Rithm Capital on a one-for-one basis under the RCM Long Term Incentive Plan (F1, F3).
  • The units represent performance compensation earned for the 2025 period; as of Jan 20, 2026, performance criteria have been satisfied for 1 of 3 tranches (F2).
  • The reported amount includes 941 dividend-equivalent rights that vest on the same schedule and under the same terms as the underlying awarded units (F4).

Context
These are performance-based derivative units awarded by Rithm Capital Management LLC and are not an open-market purchase. They become convertible to common stock only after vesting and after a sufficient amount of profits has been allocated to the holder; until conversion, they function as contingent equity rights rather than immediately tradeable shares.