Rithm Capital CFO granted Class B Profits Units
Rithm Capital Corp.’s Chief Financial Officer Nicola Santoro Jr reported 10 acquisitions of Class B Profits Units of Rithm Capital Management LLC on April 30 and July 31, 2026, at a stated price of 0.0000 per unit.
Rhea-AI Filing Summary
Rithm Capital Corp.’s Chief Financial Officer Nicola Santoro Jr reported 10 acquisitions of Class B Profits Units of Rithm Capital Management LLC on April 30 and July 31, 2026, at a stated price of 0.0000 per unit. These derivative awards, including dividend equivalents and various profits interest grants, are exchangeable into Common Stock on a one-for-one basis after vesting, performance, profit-allocation and continued-employment conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 12,821 shares
Grant/Award
10 txns
Insider
SANTORO NICOLA JR
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F3 | 529 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F4 | 2,119 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F5 | 833 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F6 | 833 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F7 | 2,148 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F3 | 521 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F4 | 2,085 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F5 | 819 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F6 | 820 | $0.00 | $0.00 |
| Grant/Award | Class B Profits Units of Rithm Capital Management LLC F1, F2, F7 | 2,114 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Profits Units of Rithm Capital Management LLC — 316,812 contracts (Direct)
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on March 15, 2024, which will vest in three equal annual installments on March 15 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.
- F4. 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 and 2025 performance periods. As of January 20, 2026, performance-based criteria have been satisfied for 2 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.
- F5. 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.
- F6. Represents Class B Profits Units in RCM earned based on annual return on equity for the 2025 performance period. As of January 20, 2026, performance-based criteria have been satisfied for 1 of the 3 tranches, which will vest on February 24, 2028, 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.
- F7. Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on February 20, 2026, which will vest in three equal annual installments on February 20 of each of 2027, 2028 and 2029, 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.
Key Figures
Derivative grants reported: 10 derivative transactions
Dividend equivalent Class B Units: 529 Class B Profits Units
Performance-based Class B Units: 2,119 Class B Profits Units
+2 more
5 metrics
Derivative grants reported
10 derivative transactions
Total Class B Profits Units derivative acquisitions reported for the CFO
Dividend equivalent Class B Units
529 Class B Profits Units
Dividend equivalent rights on existing Class B Profits Units on July 31, 2026
Performance-based Class B Units
2,119 Class B Profits Units
Earned based on annual return on equity for 2024 and 2025 performance periods
2026 profits interest grant size
2,148 Class B Profits Units
Profits interest award granted on February 20, 2026 with three annual vesting dates
Exchange ratio to Common Stock
1 share per unit
Each Class B Profits Unit exchangeable into one share of common stock after vesting
Key Terms
Class B Profits Units, dividend equivalent rights, profits interest award, return on equity, +2 more
6 terms
Class B Profits Units financial
"Class B Profits Units of Rithm Capital Management LLC ("RCM")"
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on existing Class B Profits Units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
profits interest award financial
"Reflects a profits interest award in the form of Class B Profits Units in RCM"
return on equity financial
"earned based on annual return on equity for the 2024 and 2025 performance periods"
Return on equity shows how effectively a company uses its shareholders' money to generate profit. It is calculated by dividing the company's net profit by its shareholders' equity, indicating how much profit is earned for each dollar invested by owners. Higher return on equity suggests the company is good at turning investments into earnings, which can be an important factor for investors assessing its profitability and efficiency.
performance-based criteria financial
"As of January 20, 2026, performance-based criteria have been satisfied for 2 of the 3 tranches"
Long Term Incentive Plan financial
"pursuant to the Rithm Capital Management LLC Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Rithm Capital (RITM) CFO Nicola Santoro Jr report?
Nicola Santoro Jr reported 10 acquisitions of Class B Profits Units of Rithm Capital Management LLC on April 30 and July 31, 2026. These derivative awards include dividend equivalent rights and multiple profits interest grants, each exchangeable one-for-one into Rithm Capital common stock once vesting and other conditions are met.
How can the Class B Profits Units in Rithm Capital (RITM) Form 4 convert into common stock?
Each Class B Profits Unit is exchangeable into one share of Rithm Capital common stock. Exchange occurs only after the units vest and a sufficient amount of profits has been allocated to the holder, under the Rithm Capital Management LLC Long Term Incentive Plan and individual award agreements.
What are the vesting terms for the March 15, 2024 profits interest award at Rithm Capital (RITM)?
The March 15, 2024 profits interest award vests in three equal annual installments on March 15 of 2025, 2026 and 2027. Vesting requires the reporting person to remain in continued employment, after which vested units can be exchangeable into common stock once adequate profits are allocated.
Which Rithm Capital (RITM) Class B Profits Units are tied to return on equity performance?
Certain Class B Profits Units were earned based on annual return on equity for the 2024 and 2025 performance periods. As of January 20, 2026, performance-based criteria have been satisfied for specified tranches that will vest in 2027 and 2028, subject to continued employment and profit-allocation conditions.
Are the Rithm Capital (RITM) CFO’s Class B Profits Units subject to continued employment conditions?
Yes. Multiple footnotes state awards vest only so long as the reporting person remains in continued employment with the issuer. This applies to several profits interest grants vesting over years including 2026, 2027, 2028 and 2029, before any exchange into common stock can occur.
AI-generated analysis. How Rhea-AI works. Not financial advice.
