secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001140361-24-009551
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital adopts LTIP for subsidiary; grants equity awards to CFO and CLO
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- Compensation Committee approved RCM Long Term Incentive Plan for Rithm Capital Management LLC.
- CFO Nicola Santoro Jr. received 51,401 time-vesting and 51,401 target performance-vesting Class B Profits Units.
- CLO Philip Sivin received 11,682 time-vesting and 11,682 target performance-vesting units.
- Performance units vest based on annual EAD ROE targets over 2024-2026; payout range 0%-200%.
- Share-Settled Awards exchangeable into shares of Rithm common stock (RITM).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000114036124009551/0001140361-24-009551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000114036124009551/ef20022469_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-009551

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