Rithm Capital (RITM) director receives 11,486 shares as compensation
Rhea-AI Filing Summary
Rithm Capital Corp. director William Dean Addas received a stock grant of 11,486 common shares on January 6, 2026 as compensation for board service. The filing reports the shares at a form price of $0.00 because they were issued as equity compensation rather than purchased for cash. According to the footnote, the grant was made under the company’s Omnibus Incentive Plan and terms set by the Board of Directors, using a closing stock price of $10.90 on December 31, 2025 to value the award. Following this grant, Addas beneficially owns 28,791 shares of Rithm Capital common stock, held directly.
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FAQ
What insider transaction did Rithm Capital (RITM) disclose for William Dean Addas?
The company disclosed that director William Dean Addas received 11,486 shares of Rithm Capital common stock on January 6, 2026 as a stock grant.
How many Rithm Capital shares does William Dean Addas own after this transaction?
After the reported grant, William Dean Addas beneficially owns 28,791 shares of Rithm Capital common stock, held directly.
Was cash paid for the 11,486 Rithm Capital shares reported in this Form 4?
No cash was paid. The 11,486 shares were issued at a reported price of $0.00 per share as equity compensation rather than a purchase.
How was the value of the Rithm Capital stock grant to William Dean Addas determined?
The footnote states the grant was made under the Omnibus Incentive Plan using the applicable closing stock price of $10.90 on December 31, 2025 to value the award.
What is William Dean Addas’s relationship to Rithm Capital Corp.?
William Dean Addas is a director of Rithm Capital Corp., and the reported shares were issued as compensation for services provided as a director.
Is the reported ownership in this Rithm Capital Form 4 direct or indirect?
The Form 4 indicates that William Dean Addas’s 28,791 shares of Rithm Capital common stock are held with direct (D) ownership.