---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-013543"
form_type: "8-K"
ticker: "RITM"
cik: "0001556593"
company_name: "Rithm Capital Corp."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:12:13.516302+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rithm Capital amends CEO Michael Nierenberg's employment; shifts 75% of equity to performance-based

## Summary
- Base salary reduced from $1.25M to $1.0M, effective April 1, 2024.
- Annual target cash bonus cut from $5M to $4M.
- Time-based equity award target lowered from $4.375M to $3M; performance-based equity target raised from $4.375M to $9M.
- Result: 75% of total equity award target now performance-based, up from 50% previously.

## SEC filing metadata
- accession: 0001140361-24-013543
- form_type: 8-K
- ticker: RITM
- cik: 0001556593
- company_name: Rithm Capital Corp.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556593/000114036124013543/0001140361-24-013543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556593/000114036124013543/ef20024287_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-013543
- JSON: https://secwatch.observer/filing/0001140361-24-013543.json
- Plain text: https://secwatch.observer/filing/0001140361-24-013543.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.