Form 4: Rithm Capital CEO's Tax Withholding on RSU Settlement
Insider Transaction Report
Rithm Capital Corp. CEO Michael Nierenberg reported a disposition of 771,688 shares to cover tax obligations related to the settlement of restricted stock units.
Summary
- Michael Nierenberg, CEO and Director of Rithm Capital Corp. (RITM), reported a transaction on February 21, 2026.
- The transaction involved the disposition of 771,688 shares of Common Stock at a price of $10.45 per share.
- These shares were withheld to cover tax withholding obligations upon the settlement of 1,416,540 previously reported restricted stock units.
- Following this transaction, Nierenberg directly beneficially owns 1,445,798 shares of Common Stock.
- Indirect beneficial ownership includes 56,287 shares by a Trust for Children, 301,548 shares by a Trust for Son, 130,458 shares by a 2019 GRAT, 23,850 shares as Custodian for Daughter, and 24,400 shares as Custodian for Son.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative transaction related to executive compensation and tax obligations, rather than a discretionary sale or purchase.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as tax withholdings upon RSU vesting, are common in the financial services industry, particularly for executives receiving equity compensation. These transactions typically reflect the mechanics of compensation plans rather than a change in investment sentiment.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine tax-related transaction for executive compensation, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 02/21/2026 | Date of transaction and settlement of 1,416,540 restricted stock units. |
| 02/24/2026 | Date the Form 4 was signed by Michael Nierenberg's attorney-in-fact. |
Keywords
Rithm Capital Corp, RITM, Michael Nierenberg, CEO, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.