Rithm Capital (RITM) director receives 16,199-share equity award as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Le Melle Patrice M reported acquisition or exercise transactions in this Form 4 filing.
Rithm Capital Corp. director Patrice M Le Melle received a grant of 16,199 shares of Common Stock as equity compensation. The Form 4 shows these shares were issued as payment for board services under the company’s Omnibus Incentive Plan, rather than purchased in the open market.
Following this award, Le Melle directly holds a total of 70,523 shares of Rithm Capital common stock. The footnote notes that the applicable closing stock price used for the grant calculation was $9.26 on May 22, 2026, providing a reference market value for the compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Le Melle Patrice M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,523 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 16,199 shares
Shares held after grant: 70,523 shares
Recorded grant price per share: $0.0000 per share
+1 more
4 metrics
Equity grant size
16,199 shares
Common Stock awarded as director compensation
Shares held after grant
70,523 shares
Director’s direct holdings following the award
Recorded grant price per share
$0.0000 per share
Form 4 transaction price for awarded shares
Reference closing stock price
$9.26
Closing price on May 22, 2026 used for grant calculation
Key Terms
Omnibus Incentive Plan, Common Stock, closing stock price
3 terms
Omnibus Incentive Plan financial
"in accordance with the Issuer's Omnibus Incentive Plan and the additional terms"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
Common Stock financial
"The shares were issued to director as compensation for services provided"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
closing stock price financial
"The applicable closing stock price was $9.26 on May 22, 2026"
FAQ
What did Rithm Capital (RITM) director Patrice M Le Melle report on this Form 4?
The Form 4 reports that director Patrice M Le Melle received 16,199 shares of Rithm Capital Common Stock as an equity grant. These shares were awarded as compensation for board services under the company’s Omnibus Incentive Plan, not bought on the open market.
Was the Rithm Capital (RITM) Form 4 transaction an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The 16,199 shares of Common Stock were issued to the director as payment for services under Rithm Capital’s Omnibus Incentive Plan, consistent with additional terms set by the Board of Directors.