0001591719-24-000007.txt : 20240430
0001591719-24-000007.hdr.sgml : 20240430
20240430163252
ACCESSION NUMBER: 0001591719-24-000007
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240426
FILED AS OF DATE: 20240430
DATE AS OF CHANGE: 20240430
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nierenberg Michael
CENTRAL INDEX KEY: 0001591719
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35777
FILM NUMBER: 24897834
MAIL ADDRESS:
STREET 1: 799 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10003
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rithm Capital Corp.
CENTRAL INDEX KEY: 0001556593
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 453449660
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 799 BROADWAY
CITY: New York
STATE: NY
ZIP: 10003
BUSINESS PHONE: (212) 850-7770
MAIL ADDRESS:
STREET 1: 799 BROADWAY
CITY: New York
STATE: NY
ZIP: 10003
FORMER COMPANY:
FORMER CONFORMED NAME: New Residential Investment Corp.
DATE OF NAME CHANGE: 20121227
FORMER COMPANY:
FORMER CONFORMED NAME: New Residential Investment LLC
DATE OF NAME CHANGE: 20121214
FORMER COMPANY:
FORMER CONFORMED NAME: Spinco Inc.
DATE OF NAME CHANGE: 20120821
4
1
wk-form4_1714509161.xml
FORM 4
X0508
4
2024-04-26
0
0001556593
Rithm Capital Corp.
RITM
0001591719
Nierenberg Michael
799 BROADWAY
8TH FLOOR
NEW YORK
NY
10003
1
1
0
0
Chief Executive Officer
0
Common Stock
2024-04-26
4
A
0
7580
0
A
1266117
D
Common Stock
56287
I
By Trust for Children
Common Stock
301548
I
By Trust for Daughter
Common Stock
301548
I
By Trust for Son
Common Stock
130458
I
By 2019 GRAT
Common Stock
23850
I
Custodian for Daughter
Common Stock
24400
I
Custodian for Son
Class B Profits Units of Rithm Capital Management LLC
2024-04-26
4
A
0
6160
0
A
Common Stock
6160
282403
D
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 subject to the same terms and conditions as the underlying awards.
Includes 347,509 unvested restricted stock units and 385,356 unvested shares of restricted stock.
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.
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.
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.
/s/ Nicola Santoro Jr., as attorney-in-fact for Michael Nierenberg
2024-04-30