Director at Rithm Capital (NYSE: RITM) sells 80,922 shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rithm Capital Corp. director David Saltzman sold 80,922 shares of Common Stock in open-market transactions. The sales occurred on May 20, 2026 at weighted average prices of $9.19 and $9.26 per share, with individual trades executed within narrow price ranges around those averages.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 80,922 shares ($748,346)
Net Sell
2 txns
Insider
Saltzman David
Role
null
Sold
80,922 shs ($748K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,174 | $9.19 | $130K |
| Sale | Common Stock | 66,748 | $9.26 | $618K |
Holdings After Transaction:
Common Stock — 110,996 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $9.1903-$9.1950 inclusive. The filing person undertakes to provide to Rithm Capital Corp., any security holder of Rithm Capital Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $9.2600-$9.2700 inclusive. The filing person undertakes to provide to Rithm Capital Corp., any security holder of Rithm Capital Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
Key Figures
Shares sold (first block): 66,748 shares
Price per share (first block): $9.26 per share
Shares sold (second block): 14,174 shares
+4 more
7 metrics
Shares sold (first block)
66,748 shares
Common Stock sale on May 20, 2026 at weighted average price
Price per share (first block)
$9.26 per share
Weighted average sale price reported for 66,748 shares
Shares sold (second block)
14,174 shares
Common Stock sale on May 20, 2026 at weighted average price
Price per share (second block)
$9.19 per share
Weighted average sale price reported for 14,174 shares
Total shares sold
80,922 shares
Aggregate Common Stock sold per transaction summary
Price range block 1
$9.1903–$9.1950
Individual sale prices for lower-priced block per footnote
Price range block 2
$9.2600–$9.2700
Individual sale prices for higher-priced block per footnote
Key Terms
open-market sale, weighted average price, non-derivative
3 terms
open-market sale financial
"transaction_action is described as an open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
non-derivative financial
"Each Common Stock transaction is classified as non-derivative"
FAQ
What did Rithm Capital (RITM) director David Saltzman report in this Form 4?
David Saltzman reported selling 80,922 shares of Rithm Capital Common Stock in open-market transactions. The trades occurred on May 20, 2026 at weighted average prices of about $9.19 and $9.26 per share, according to the Form 4 disclosure and its footnotes.
Were the Rithm Capital (RITM) insider sales open-market transactions?
Yes, the Form 4 describes both transactions as open-market sales of Common Stock. Each is coded “S” for sale, with the narrative specifying they are sales in the open market or private transactions, and weighted average pricing disclosed in the footnotes.
What price ranges are disclosed for the Rithm Capital (RITM) insider sales?
The filing shows one sale block priced between $9.1903 and $9.1950 per share. The other block is priced between $9.2600 and $9.2700 per share. Reported column prices of $9.19 and $9.26 represent weighted average sale prices within those stated ranges.
Does the Rithm Capital (RITM) Form 4 mention how detailed pricing data can be obtained?
Yes. The footnotes state the filer will provide full information on the number of shares sold at each separate price within the disclosed ranges. This information will be provided upon request to Rithm Capital, any security holder, or SEC staff.