Rithm Capital director granted 16,199 shares
Le Melle Patrice M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Le Melle Patrice M reported acquisition or exercise transactions in this Form 4 filing.
Rithm Capital Corp. director Patrice M Le Melle received a grant of 16,199 shares of Common Stock as equity compensation. The Form 4 shows these shares were issued as payment for board services under the company’s Omnibus Incentive Plan, rather than purchased in the open market.
Following this award, Le Melle directly holds a total of 70,523 shares of Rithm Capital common stock. The footnote notes that the applicable closing stock price used for the grant calculation was $9.26 on May 22, 2026, providing a reference market value for the compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares were issued to director as compensation for services provided to the Issuer in accordance with the Issuer's Omnibus Incentive Plan and the additional terms established by resolution of the Board of Directors. The applicable closing stock price was $9.26 on May 22, 2026.
Key Figures
Key Terms
Omnibus Incentive Plan financial
Common Stock financial
closing stock price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rithm Capital (RITM) director Patrice M Le Melle report on this Form 4?
Was the Rithm Capital (RITM) Form 4 transaction an open-market purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.