Rithm Capital (NYSE: RITM) director awarded 16,199-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Addas William Dean reported acquisition or exercise transactions in this Form 4 filing.
Rithm Capital Corp. director William Dean Addas received 16,199 shares of common stock as an equity grant. The shares were issued as compensation for his board service under Rithm’s Omnibus Incentive Plan, using a closing stock price of $9.26 on May 22, 2026 for valuation. Following this grant and a correction of an 18-share overstatement from a prior filing, Addas now directly holds 44,972 Rithm common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Addas William Dean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,972 shares (Direct, null)
Footnotes (1)
- 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. The Reporting Person's Form 4 filings on January 7, 2026 inadvertently overstated the number of shares of common stock granted to the Reporting Person by 18 shares. The total amount reported in Column 5 corrects the balance of the Reporting Person's account.
Key Figures
Equity grant size: 16,199 shares
Post-transaction holdings: 44,972 shares
Reference stock price: $9.26 per share
+1 more
4 metrics
Equity grant size
16,199 shares
Common stock awarded to director as compensation
Post-transaction holdings
44,972 shares
Director’s direct Rithm Capital common stock after grant
Reference stock price
$9.26 per share
Applicable closing stock price on May 22, 2026
Prior overstatement correction
18 shares
Earlier Form 4 overstated a previous grant by this amount
Key Terms
Omnibus Incentive Plan, closing stock price, Form 4 filings
3 terms
Omnibus Incentive Plan financial
"The shares were issued to director as compensation for services provided to the Issuer in accordance with the Issuer's Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
closing stock price financial
"The applicable closing stock price was $9.26 on May 22, 2026"
Form 4 filings regulatory
"The Reporting Person's Form 4 filings on January 7, 2026 inadvertently overstated the number of shares"
FAQ
What did director William Dean Addas receive in the latest Rithm Capital (RITM) insider filing?
Director William Dean Addas received 16,199 shares of Rithm Capital common stock as compensation. The shares were granted under the company’s Omnibus Incentive Plan as equity for board service, rather than being purchased on the open market for cash.
Was the William Dean Addas transaction in Rithm Capital (RITM) an open-market stock purchase?
No, the transaction was not an open-market purchase. The Form 4 shows an "A" code grant of 16,199 shares awarded at no cash cost to Addas as director compensation, issued under Rithm Capital’s Omnibus Incentive Plan and approved by the board.