William D. Addas
the Board elected William D. Addas as an independent director of the Company, effective as of November 1, 2024
Highest-materiality recent filing
Rithm Capital stockholders approve 50% increase in equity incentive plan shares to 69.24M
Share reserve under 2023 Omnibus Incentive Plan increased by 35M to 69.24M shares.
Rithm Capital closes $500M private offering of 8.500% senior notes due 2031
$500M aggregate principal of 8.500% senior unsecured notes due June 1, 2031.
Rithm Capital prices $500M of 8.500% senior unsecured notes due 2031
Offering of $500M aggregate principal amount of 8.500% senior unsecured notes due 2031.
Rithm Capital announces proposed $500M senior unsecured notes offering due 2031
$500M aggregate principal of senior unsecured notes due 2031 proposed.
Rithm Capital Q1 GAAP net income $67.8M ($0.12/diluted); EAD $289.6M ($0.51/diluted)
GAAP net income $67.8M ($0.12/diluted) vs $53.1M in Q4; EAD $289.6M ($0.51/diluted) down from $418.9M.
Rithm Capital completes $1.8B acquisition of Paramount Group; provides pro forma combined financials
Total purchase price of approximately $1.8 billion; Paramount shareholders received $6.60 per share in cash.
Rithm Capital Q4 EAD $0.74/sh, book value $12.66; closes Crestline and Paramount
Q4 GAAP net income $53.1M ($0.09/sh); EAD $418.9M ($0.74/sh) vs $0.54/sh Q3. FY25 EAD $1.28B ($2.35/sh).
Rithm Capital designates 11.5M shares of 8.750% Series F Fixed-Rate Reset Preferred Stock
Certificate of Designations filed Jan 21, 2026 for 11,500,000 Series F preferred shares; liquidation preference $25.00/share.
Rithm Capital sells 10M shares of 8.750% Series F Preferred Stock at $25 liquidation preference
Aggregate of 10,000,000 shares of 8.750% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock; underwriters have 30-day option for additional 1,500,000 shares.
Rithm Capital completes acquisition of Paramount Group for $6.60 per share cash
Paramount shareholders received $6.60 per share in cash; total deal value includes $50M equity investment from Rithm Property Trust.
Rithm Capital completes acquisition of Crestline Management; combined investable assets ~$102B
Acquisition of Crestline Management, L.P. closed, adding over 200 investment professionals to Rithm's platform.
GAAP net income $193.7M ($0.35 diluted EPS); earnings available for distribution $296.9M ($0.54) flat QoQ.
Rithm Capital designates 8.75% Series E Preferred Stock with $25/share liquidation preference
Filed Certificate of Designations for 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock, 8.74M shares authorized.
Rithm Capital launches $750M at-the-market equity offering program
ATM program allows sale of common stock up to $750M aggregate offering price.
Rithm Capital to issue 7.6M shares of 8.750% Series E Preferred Stock
Issuing 7,600,000 shares of 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock at $25.00 liquidation preference.
Rithm Capital acquires Paramount Group for $1.6B in all-cash deal at $6.60/share
Total cash consideration of ~$1.6B; each Paramount share receives $6.60.
Rithm Capital to acquire Crestline Management, adding $17B private credit platform
Acquires Crestline, an alt manager with ~$17B AUM, expanding into direct lending, insurance/reinsurance.
Rithm Capital expands ATM equity program to $500M; settles board lawsuit for $160K
Entered Amendment No. 1 to Distribution Agreement; up to $500M common stock ATM program; $303.8M unsold as of Aug 1, 2025.
Rithm Capital Q2 GAAP net income $283.9M ($0.53), EAD $291.1M, book value $12.71
GAAP net income of $283.9M ($0.53 diluted) vs Q1 $36.5M ($0.07); earnings available for distribution $291.1M ($0.54).
Rithm Capital closes $500M 8% notes due 2030; redeems 6.25% 2025 notes
Closed private offering of $500M aggregate principal of 8.000% senior unsecured notes due July 15, 2030.
Rithm Capital prices $500M 8.000% senior notes due 2030, to redeem 6.250% 2025 notes
$500M aggregate principal of 8.000% senior unsecured notes due 2030 priced on June 17, 2025.
Rithm Capital announces $500M senior unsecured notes offering due 2030
$500M aggregate principal amount of senior unsecured notes due 2030.
Rithm Capital shareholders re-elect Hebard and Kripalani, ratify EY, approve exec comp
Peggy Hwan Hebard re-elected Class III director with 189.3M for, 55.3M withheld, 141.0M broker non-votes.
Rithm Capital Q1 GAAP net income $36.5M ($0.07/sh); EAD $275.3M ($0.52/sh)
GAAP net income $36.5M ($0.07 diluted EPS) vs $263.2M ($0.50) in Q4 2024; common dividend $0.25/sh unchanged.
Rithm Capital Q4 GAAP EPS $0.50, EAD $0.60; full-year EPS $1.67
Q4 GAAP net income $263.2M ($0.50/diluted share); FY 2024 net income $835M ($1.67/diluted).
GAAP net income of $97.0M ($0.20 diluted); earnings available for distribution $270.3M ($0.54 diluted), up from $0.47 in Q2.
Rithm Capital prices 30M-share common stock offering at $11.34/sh
Sold 30,000,000 shares of common stock at $11.34 per share; underwriters have 30-day option for up to 4,500,000 additional shares.
Rithm Capital Q2 GAAP net income $213.2M ($0.43/diluted); EAD $0.47/share
GAAP net income $213.2M, diluted EPS $0.43; Earnings Available for Distribution $231.1M, $0.47/share.
Rithm Capital to restate 2021-2023 and Q1 2024 financials; material weakness in controls
Restatement to consolidate mortgage securitization trusts; no impact on net income, book value, or cash.
Rithm Capital 2024 meeting elects directors, ratifies EY, approves say-on-pay
Elected Class II directors Finnerty (184M for), Nierenberg (210M), Le Melle (220M); broker non-votes 129M.
Rithm Capital completes acquisition of Computershare Mortgage Services, adds ~$149B servicing UPB
Completed acquisition of Computershare Mortgage Services Inc. and SLS; SLS merged into Newrez LLC.
Rithm Capital Q1 net income $261.6M; appoints David Zeiden as Chief Legal Officer
GAAP net income $261.6M ($0.54/diluted share) vs Q4 loss of $87.5M.
Rithm closes $775M 8% notes due 2029, repurchases $275M of 6.25% notes via tender
Closed $775M private offering of 8.000% senior unsecured notes due 2029, payable semi-annually.
Rithm Capital amends CEO Michael Nierenberg's employment; shifts 75% of equity to performance-based
Base salary reduced from $1.25M to $1.0M, effective April 1, 2024.
Priced $775 million aggregate principal amount of 8.000% senior unsecured notes due 2029.
Rithm Capital announces $775M private note offering and $275M tender offer for 2025 notes
Plans to offer $775M aggregate principal of senior unsecured notes due 2029 in a private offering.
Rithm Capital adopts LTIP for subsidiary; grants equity awards to CFO and CLO
Compensation Committee approved RCM Long Term Incentive Plan for Rithm Capital Management LLC.
Rithm Capital reports Q4 GAAP net loss of $87.5M; EAD of $0.51; Sculptor acquisition complete
GAAP net loss Q4 $87.5M ($0.18 diluted EPS); FY net income $532.7M ($1.10 EPS).
Rithm Capital completes acquisition of Sculptor Capital for $719.8M ($12.70/share)
Rithm completes all-cash acquisition of Sculptor Capital for $12.70 per Class A share, valuing deal at ~$719.8M.
Rithm raises Sculptor bid to $12.70/share; secures 15.2% voting support from Och group
Consideration increased to $12.70 per Sculptor Class A share (from $12.00); aggregate value ~$719.8M.
Rithm Capital Q3 GAAP EPS $0.40, EAD $0.58; announces $720M SLS acquisition
GAAP net income $193.9M ($0.40 diluted EPS); EAD $280.8M ($0.58 diluted EPS).
Rithm disputes Sculptor former executives' lawsuit; confirms regulatory approvals obtained
On Oct 17, 2023, former Sculptor managing directors filed a complaint; Rithm strongly disputes allegations.
Rithm amends Sculptor deal: price raised to $12.00/share; special meeting Nov 16
Price increased 7.6% to $12.00 per Sculptor Class A share from $11.15; aggregate value ~$676M.
Rithm Capital to acquire Specialized Loan Servicing LLC for ~$720M
Purchase price ~$720M; includes ~$136B UPB of MSRs ($85B third-party servicing) and origination services.
Rithm Q2 GAAP net income $357M ($0.74/sh), announces $639M Sculptor acquisition
GAAP net income $357.4M ($0.74 diluted EPS); earnings available for distribution $297.9M ($0.62).
Rithm Capital to acquire Sculptor Capital for $11.15/share; Q2 EPS guidance $0.71-$0.77
Rithm acquires Sculptor for $11.15 per share in cash; LP unit holders receive ~$6.90 per Class A unit.
Rithm Capital stockholders approve 2023 Omnibus Incentive Plan
Stockholders approved the 2023 Omnibus Incentive Plan on May 25, 2023, replacing the prior 2013 Plan.
Rithm Capital shareholders elect Saltzman, approve 2023 Omnibus Incentive Plan at annual meeting
David Saltzman elected Class I director with 192.7M votes for, 20.6M withheld, 134.6M broker non-votes.
Rithm Capital Q1 2023 GAAP net income $68.9M; EAD $0.35 per share
GAAP net income of $68.9M ($0.14 diluted EPS); Earnings Available for Distribution of $171.1M ($0.35 diluted EPS).
Rithm Capital Q4 GAAP net income $81.8M ($0.17 diluted EPS); EAD $0.33; dividend $0.25
GAAP net income Q4 2022: $81.8M ($0.17 per diluted share), down from $124.5M in Q3 2022.
the Board elected William D. Addas as an independent director of the Company, effective as of November 1, 2024
the Board elected Ranjit M. Kripalani as an independent director of the Company, effective as of November 1, 2024
Andrew Sloves resigned from his position as a director of the Company on October 28, 2024, effective as of November 1, 2024.
On April 30, 2024, in connection with Mr. Zeiden’s appointment, Philip Sivin transitioned from the role of Chief Legal Officer and remains a key part of the Company as Managing Director and Chief Counsel for M&A and strategic transactions, along with other responsibilities.
On April 30, 2024, David Zeiden was appointed Chief Legal Officer of Rithm Capital Corp.
the resignation of Robert McGinnis on December 14, 2022
elected Peggy Hwan Hebard as an independent director of the Company, effective as of January 1, 2023
Robert J. McGinnis resigned from his position as a director of Rithm Capital Corp. on December 14, 2022, effective immediately.
Douglas Jacobs had been a member of the Company’s Board of Directors since June 2013. He retired from his position as a director on February 7, 2022, effective immediately.
appointed Patrice M. Le Melle as an independent director of the Company, effective November 8, 2021.
Max materiality 0.85 · Median 0.70 · Most common event earnings