0001591719-25-000002.txt : 20250129
0001591719-25-000002.hdr.sgml : 20250129
20250129173142
ACCESSION NUMBER: 0001591719-25-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250127
FILED AS OF DATE: 20250129
DATE AS OF CHANGE: 20250129
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: 25570467
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_1738189895.xml
FORM 4
X0508
4
2025-01-27
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
Class B Profits Units of Rithm Capital Management LLC
2025-01-27
4
A
0
886359
0
A
Common Stock
886359
886359
D
Class B Profits Units of Rithm Capital Management LLC ("RCM") are 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 Class B Profits Units in RCM earned based on annual return on equity for the 2024 performance period, as certified by the Compensation Committee on January 27, 2025. As of January 27, 2025, performance-based criteria have been satisfied for 1 of the 3 tranches. The reported amount also includes 57,630 dividend equivalent rights accrued with respect to the earned Class B Profits Units. Dividend equivalent Class B Profits Units vest on the same schedule and are subject to the same terms and conditions as the underlying awards.
These Class B Profits Units are 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/ Philip Sivin, as Attorney-in-Fact
2025-01-29