8-K: Rithm Capital Corp. Announces Results of 2025 Annual Stockholders Meeting

Rithm Capital Corp. held its 2025 Annual Meeting of Stockholders on May 22, 2025, and voted on the election of directors, the appointment of Ernst & Young LLP as the independent accounting firm, and executive compensation.

Summary

• Rithm Capital Corp. held its Annual Meeting of Stockholders on May 22, 2025.
• Stockholders elected Peggy Hwan Hebard and Ranjit M. Kripalani as Class III directors to serve until the 2028 Annual Meeting.
• Peggy Hwan Hebard received 189,282,256 votes for, 55,251,169 votes withheld, and 140,980,175 broker non-votes.
• Ranjit M. Kripalani received 239,554,089 votes for, 4,979,336 votes withheld, and 140,980,175 broker non-votes.
• Ernst & Young LLP was approved as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025, with 372,714,616 votes for, 11,117,549 votes against, and 1,681,434 abstentions.
• Stockholders approved, on a non-binding advisory basis, the compensation of the company's named executive officers with 195,367,077 votes for, 46,074,544 votes against, 3,091,804 abstentions, and 140,980,175 broker non-votes.
• No other matters were considered at the meeting.

Sentiment

Score: 7

Explanation: The document reports standard corporate governance procedures, reflecting a neutral to slightly positive sentiment due to the successful completion of the annual meeting and approval of key proposals.

Positives

• The election of directors ensures continuity in leadership.
• The appointment of an independent accounting firm provides assurance regarding financial reporting.
• Stockholder approval of executive compensation indicates alignment with management's pay structure.

Industry Context

This announcement is a routine disclosure following an annual meeting, ensuring transparency and compliance with regulatory requirements.

Stakeholder Impact

• Shareholders have exercised their voting rights on key company matters.
• Employees are indirectly affected by the decisions made at the annual meeting, particularly regarding executive compensation.
• The appointment of Ernst & Young LLP impacts the credibility of financial reporting.

Key Dates

Keywords

Annual Meeting, Stockholders, Directors, Ernst & Young, Executive Compensation, Rithm Capital Corp.