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[Form 4] Rithm Capital Corp. Insider Trading Activity

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Rhea-AI Filing Summary

On 31 Jul 2025, RxSight (Nasdaq: RXST) expanded its Board from nine to ten seats and appointed Raymond W. Cohen—former Axonics CEO and veteran med-tech director—as a Class I director through the 2028 annual meeting. Cohen, 66, oversaw Axonics’ 2024 sale to Boston Scientific and holds multiple board roles across public and private device firms, bringing M&A and commercialization expertise to RxSight.

As a non-employee director he will receive the standard $50 k annual cash retainer, applicable committee fees, and an initial RSU grant valued at $277.5 k that vests annually over three years, contingent on continued service. The company executed its customary indemnification agreement with Cohen and confirmed no family relationships or related-party transactions. A press release dated 4 Aug 2025 (Ex. 99.1) formally announced the appointment.

Il 31 luglio 2025, RxSight (Nasdaq: RXST) ha ampliato il proprio Consiglio di Amministrazione da nove a dieci membri, nominando Raymond W. Cohen—ex CEO di Axonics e veterano nel settore med-tech—come direttore di Classe I fino all’assemblea annuale del 2028. Cohen, 66 anni, ha supervisionato la vendita di Axonics a Boston Scientific nel 2024 e ricopre diversi incarichi in consigli di amministrazione di aziende pubbliche e private del settore dispositivi, portando a RxSight la sua esperienza in fusioni, acquisizioni e commercializzazione.

In qualità di direttore non dipendente, riceverà il consueto compenso annuale in contanti di 50.000 $, i relativi compensi per le commissioni e una concessione iniziale di RSU del valore di 277.500 $, che maturerà annualmente in tre anni, subordinata alla continuazione del servizio. L’azienda ha stipulato con Cohen l’accordo consueto di indennizzo e ha confermato l’assenza di rapporti familiari o transazioni con parti correlate. La nomina è stata ufficialmente annunciata in un comunicato stampa del 4 agosto 2025 (Ex. 99.1).

El 31 de julio de 2025, RxSight (Nasdaq: RXST) amplió su Junta Directiva de nueve a diez miembros y nombró a Raymond W. Cohen—ex CEO de Axonics y veterano director en tecnología médica—como director de Clase I hasta la reunión anual de 2028. Cohen, de 66 años, supervisó la venta de Axonics a Boston Scientific en 2024 y ocupa varios cargos en juntas de empresas públicas y privadas del sector de dispositivos, aportando a RxSight su experiencia en fusiones, adquisiciones y comercialización.

Como director externo, recibirá la remuneración anual estándar en efectivo de 50.000 $, las tarifas aplicables por comités y una concesión inicial de RSU valorada en 277.500 $, que se consolida anualmente durante tres años, condicionada a la continuidad en el cargo. La compañía firmó con Cohen el acuerdo habitual de indemnización y confirmó que no existen relaciones familiares ni transacciones con partes relacionadas. El nombramiento fue anunciado formalmente en un comunicado de prensa fechado el 4 de agosto de 2025 (Ex. 99.1).

2025년 7월 31일, RxSight(Nasdaq: RXST)는 이사회를 9명에서 10명으로 확대하고, 전 Axonics CEO이자 베테랑 의료기기 분야 이사인 Raymond W. Cohen을 2028년 정기 주주총회까지 임기인 클래스 I 이사로 임명했습니다. 66세인 Cohen은 2024년 Axonics의 Boston Scientific 매각을 총괄했으며, 공·사설 의료기기 회사 이사회에서 다수의 역할을 수행하며 M&A 및 상용화 전문성을 RxSight에 제공합니다.

비임직 이사로서 그는 연간 5만 달러의 표준 현금 보수와 관련 위원회 수당, 그리고 3년에 걸쳐 매년 베스팅되는 27만 7,500달러 상당의 RSU 부여를 받으며, 계속 근무 조건이 붙습니다. 회사는 Cohen과 관례적인 면책 합의를 체결했으며, 가족 관계나 관련 당사자 거래가 없음을 확인했습니다. 임명은 2025년 8월 4일자 보도자료(Ex. 99.1)를 통해 공식 발표되었습니다.

Le 31 juillet 2025, RxSight (Nasdaq : RXST) a élargi son conseil d'administration de neuf à dix membres et nommé Raymond W. Cohen—ancien PDG d’Axonics et directeur expérimenté dans le secteur med-tech—en tant qu’administrateur de classe I jusqu’à l’assemblée générale annuelle de 2028. Cohen, 66 ans, a supervisé la vente d’Axonics à Boston Scientific en 2024 et occupe plusieurs postes au sein de conseils d’administration d’entreprises publiques et privées dans le domaine des dispositifs, apportant à RxSight son expertise en fusions-acquisitions et commercialisation.

En tant qu’administrateur non salarié, il percevra la rémunération annuelle en espèces standard de 50 000 $, les frais applicables des comités, ainsi qu’une attribution initiale de RSU d’une valeur de 277 500 $, acquise annuellement sur trois ans, sous réserve de la poursuite de ses fonctions. La société a conclu avec Cohen l’accord d’indemnisation habituel et confirmé l’absence de relations familiales ou de transactions avec des parties liées. La nomination a été officiellement annoncée dans un communiqué de presse daté du 4 août 2025 (Ex. 99.1).

Am 31. Juli 2025 hat RxSight (Nasdaq: RXST) seinen Vorstand von neun auf zehn Mitglieder erweitert und Raymond W. Cohen—ehemaliger CEO von Axonics und erfahrener Medizintechnik-Direktor—als Direktor der Klasse I bis zur Jahreshauptversammlung 2028 berufen. Cohen, 66 Jahre alt, leitete den Verkauf von Axonics an Boston Scientific im Jahr 2024 und bekleidet mehrere Aufsichtsratspositionen bei börsennotierten und privaten Geräteunternehmen, wodurch er RxSight Expertise in M&A und Kommerzialisierung bringt.

Als nicht angestellter Direktor erhält er die übliche jährliche Barvergütung von 50.000 $, die anfallenden Ausschussgebühren sowie eine anfängliche RSU-Zuteilung im Wert von 277.500 $, die über drei Jahre jährlich vestet, vorbehaltlich fortgesetzter Tätigkeit. Das Unternehmen schloss mit Cohen die übliche Entschädigungsvereinbarung ab und bestätigte, dass keine familiären Beziehungen oder Transaktionen mit nahestehenden Parteien bestehen. Die Ernennung wurde in einer Pressemitteilung vom 4. August 2025 (Ex. 99.1) offiziell bekanntgegeben.

Positive
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Insights

TL;DR: Board expansion and seasoned director addition improve governance depth; impact modest for valuation.

Adding Cohen lifts the board’s industry expertise, satisfies independence requirements and distributes committee workloads. His prior CEO and board experience, especially leading a successful exit to Boston Scientific, should enhance RxSight’s strategic oversight as the company scales commercial operations. Compensation and indemnification align with market norms, limiting shareholder dilution to a manageable sub-1% level. While governance quality improves, the filing contains no financial guidance, so immediate share-price impact is expected to be neutral.

TL;DR: Cohen’s implantable-device track record could aid RxSight’s market penetration but is unlikely to shift near-term fundamentals.

Cohen steered Axonics from startup to a multibillion-dollar acquisition and chaired SoniVie’s sale, demonstrating skill in scaling revenue and attracting strategic buyers. His network and commercialization insight may accelerate RxSight’s adoption of its adjustable lens technology and strengthen potential partnership dialogues. Nevertheless, governance appointments rarely drive earnings; therefore, investor focus should remain on procedural volumes and reimbursement traction.

Il 31 luglio 2025, RxSight (Nasdaq: RXST) ha ampliato il proprio Consiglio di Amministrazione da nove a dieci membri, nominando Raymond W. Cohen—ex CEO di Axonics e veterano nel settore med-tech—come direttore di Classe I fino all’assemblea annuale del 2028. Cohen, 66 anni, ha supervisionato la vendita di Axonics a Boston Scientific nel 2024 e ricopre diversi incarichi in consigli di amministrazione di aziende pubbliche e private del settore dispositivi, portando a RxSight la sua esperienza in fusioni, acquisizioni e commercializzazione.

In qualità di direttore non dipendente, riceverà il consueto compenso annuale in contanti di 50.000 $, i relativi compensi per le commissioni e una concessione iniziale di RSU del valore di 277.500 $, che maturerà annualmente in tre anni, subordinata alla continuazione del servizio. L’azienda ha stipulato con Cohen l’accordo consueto di indennizzo e ha confermato l’assenza di rapporti familiari o transazioni con parti correlate. La nomina è stata ufficialmente annunciata in un comunicato stampa del 4 agosto 2025 (Ex. 99.1).

El 31 de julio de 2025, RxSight (Nasdaq: RXST) amplió su Junta Directiva de nueve a diez miembros y nombró a Raymond W. Cohen—ex CEO de Axonics y veterano director en tecnología médica—como director de Clase I hasta la reunión anual de 2028. Cohen, de 66 años, supervisó la venta de Axonics a Boston Scientific en 2024 y ocupa varios cargos en juntas de empresas públicas y privadas del sector de dispositivos, aportando a RxSight su experiencia en fusiones, adquisiciones y comercialización.

Como director externo, recibirá la remuneración anual estándar en efectivo de 50.000 $, las tarifas aplicables por comités y una concesión inicial de RSU valorada en 277.500 $, que se consolida anualmente durante tres años, condicionada a la continuidad en el cargo. La compañía firmó con Cohen el acuerdo habitual de indemnización y confirmó que no existen relaciones familiares ni transacciones con partes relacionadas. El nombramiento fue anunciado formalmente en un comunicado de prensa fechado el 4 de agosto de 2025 (Ex. 99.1).

2025년 7월 31일, RxSight(Nasdaq: RXST)는 이사회를 9명에서 10명으로 확대하고, 전 Axonics CEO이자 베테랑 의료기기 분야 이사인 Raymond W. Cohen을 2028년 정기 주주총회까지 임기인 클래스 I 이사로 임명했습니다. 66세인 Cohen은 2024년 Axonics의 Boston Scientific 매각을 총괄했으며, 공·사설 의료기기 회사 이사회에서 다수의 역할을 수행하며 M&A 및 상용화 전문성을 RxSight에 제공합니다.

비임직 이사로서 그는 연간 5만 달러의 표준 현금 보수와 관련 위원회 수당, 그리고 3년에 걸쳐 매년 베스팅되는 27만 7,500달러 상당의 RSU 부여를 받으며, 계속 근무 조건이 붙습니다. 회사는 Cohen과 관례적인 면책 합의를 체결했으며, 가족 관계나 관련 당사자 거래가 없음을 확인했습니다. 임명은 2025년 8월 4일자 보도자료(Ex. 99.1)를 통해 공식 발표되었습니다.

Le 31 juillet 2025, RxSight (Nasdaq : RXST) a élargi son conseil d'administration de neuf à dix membres et nommé Raymond W. Cohen—ancien PDG d’Axonics et directeur expérimenté dans le secteur med-tech—en tant qu’administrateur de classe I jusqu’à l’assemblée générale annuelle de 2028. Cohen, 66 ans, a supervisé la vente d’Axonics à Boston Scientific en 2024 et occupe plusieurs postes au sein de conseils d’administration d’entreprises publiques et privées dans le domaine des dispositifs, apportant à RxSight son expertise en fusions-acquisitions et commercialisation.

En tant qu’administrateur non salarié, il percevra la rémunération annuelle en espèces standard de 50 000 $, les frais applicables des comités, ainsi qu’une attribution initiale de RSU d’une valeur de 277 500 $, acquise annuellement sur trois ans, sous réserve de la poursuite de ses fonctions. La société a conclu avec Cohen l’accord d’indemnisation habituel et confirmé l’absence de relations familiales ou de transactions avec des parties liées. La nomination a été officiellement annoncée dans un communiqué de presse daté du 4 août 2025 (Ex. 99.1).

Am 31. Juli 2025 hat RxSight (Nasdaq: RXST) seinen Vorstand von neun auf zehn Mitglieder erweitert und Raymond W. Cohen—ehemaliger CEO von Axonics und erfahrener Medizintechnik-Direktor—als Direktor der Klasse I bis zur Jahreshauptversammlung 2028 berufen. Cohen, 66 Jahre alt, leitete den Verkauf von Axonics an Boston Scientific im Jahr 2024 und bekleidet mehrere Aufsichtsratspositionen bei börsennotierten und privaten Geräteunternehmen, wodurch er RxSight Expertise in M&A und Kommerzialisierung bringt.

Als nicht angestellter Direktor erhält er die übliche jährliche Barvergütung von 50.000 $, die anfallenden Ausschussgebühren sowie eine anfängliche RSU-Zuteilung im Wert von 277.500 $, die über drei Jahre jährlich vestet, vorbehaltlich fortgesetzter Tätigkeit. Das Unternehmen schloss mit Cohen die übliche Entschädigungsvereinbarung ab und bestätigte, dass keine familiären Beziehungen oder Transaktionen mit nahestehenden Parteien bestehen. Die Ernennung wurde in einer Pressemitteilung vom 4. August 2025 (Ex. 99.1) offiziell bekanntgegeben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SANTORO NICOLA JR

(Last) (First) (Middle)
799 BROADWAY
8TH FLOOR

(Street)
NEW YORK NY 10003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rithm Capital Corp. [ RITM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/31/2025 A 556(1) A $0 106,248(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Profits Units of Rithm Capital Management LLC (3) 07/31/2025 A 785(4) (5) (5) Common Stock 785 $0 57,793 D
Class B Profits Units of Rithm Capital Management LLC (3) 07/31/2025 A 785(4) (6) (6) Common Stock 785 $0 39,069 D
Class B Profits Units of Rithm Capital Management LLC (3) 07/31/2025 A 926(4) (7) (7) Common Stock 926 $0 46,071 D
Explanation of Responses:
1. 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 are subject to the same terms and conditions as the underlying awards.
2. Includes 27,683 unvested restricted stock units.
3. 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.
4. 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.
5. Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on February 23, 2024, which will vest in three equal annual installments on February 23 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.
6. Reflects a profits interest award in the form of Class B Profits Units in RCM earned based on annual return on equity for the 2024 performance period. As of January 27, 2025, performance-based criteria have been satisfied for 1 of the 3 tranches, which will vest on February 23, 2027, so long as the Reporting Person remains in continued employment with the Issuer. 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.
7. 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.
Remarks:
/s/ Nicola Santoro, Jr. 08/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who was appointed to RxSight's Board of Directors?

RxSight appointed Raymond W. Cohen, former CEO of Axonics, as a Class I director effective 31 Jul 2025.

What is the term length for Raymond Cohen's directorship at RXST?

Cohen’s term runs until the 2028 annual meeting of stockholders, subject to earlier resignation or removal.

How is Raymond Cohen compensated as a non-employee director of RxSight?

He receives a $50 k annual cash retainer plus committee fees and an initial $277.5 k RSU grant vesting over three years.

Does Raymond Cohen have any related-party transactions with RxSight?

No. The filing states there are no related-party transactions or family relationships involving Mr. Cohen.

When did RxSight announce the board appointment publicly?

A press release dated 4 Aug 2025 (Exhibit 99.1) announced Cohen’s appointment.
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