[SCHEDULE 13G] Rithm Property Trust Inc. SEC Filing

Rhea-AI Filing Summary

The Vanguard Group has filed a Schedule 13G disclosing beneficial ownership of Spok Holdings, Inc. (SPOK) common stock as of 30 June 2025. The filing shows Vanguard beneficially owns 1,148,536 shares, representing 5.58 % of SPOK’s outstanding common shares, crossing the 5 % reporting threshold.

Voting rights are minimal: 0 shares sole vote and 8,505 shares shared vote. However, Vanguard retains substantial dispositive authority, with 1,131,044 shares sole dispositive power and 17,492 shares shared dispositive power. The firm is classified as an investment adviser (IA) under Rule 13d-1(b).

The certification states that the shares were acquired in the ordinary course of business and not for the purpose of influencing control. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 29 July 2025.

Positive

• Institutional stake of 5.58 % by The Vanguard Group may enhance market credibility and increase liquidity for SPOK shares.

Negative

• None.

Insights

Institutional Ownership Analyst

TL;DR: Vanguard now reports 5.58 % ownership, signaling notable institutional presence but no control intent.

Crossing the 5 % threshold obliges disclosure and often draws attention to a company’s shareholder base. Vanguard’s holding provides passive institutional support, adding liquidity and potential governance scrutiny, yet the absence of voting power (0 sole, 8.5k shared) confirms a non-activist stance. The dispositive control over >1.1 million shares means Vanguard can trade a sizable block, which could influence float dynamics. Overall impact is modestly positive for perception but neutral for immediate fundamentals.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Rithm Property Trust Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

38983D300

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 38983D300

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 17,525.00
7	Sole Dispositive Power 2,470,053.00
8	Shared Dispositive Power 32,331.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,502,384.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.50 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Rithm Property Trust Inc
(b)	Address of issuer's principal executive offices: 799 Broadway, 8th Floor, New York, NY, 10033
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 38983D300
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2502384
(b)	Percent of class: 5.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 17525
	(iii) Sole power to dispose or to direct the disposition of: 2470053
	(iv) Shared power to dispose or to direct the disposition of: 32331
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/29/2025

FAQ

How many Spok Holdings (SPOK) shares does Vanguard own?

Vanguard beneficially owns 1,148,536 SPOK shares.

What percentage of SPOK's outstanding stock does this stake represent?

The stake equals 5.58 % of shares outstanding.

Does Vanguard have voting control over the SPOK shares?

Vanguard reports 0 sole voting power and 8,505 shared voting power, indicating limited voting influence.

What authority does Vanguard have to sell SPOK shares?

It holds 1,131,044 shares with sole dispositive power and 17,492 with shared dispositive power.

Why did Vanguard file a Schedule 13G instead of 13D?

The certification states the shares were acquired in the ordinary course of business with no intent to influence control, fitting 13G criteria.