Rithm Capital Corp. Files 8-K on Security Holder Votes and Exhibits
Ticker: RITM-PD · Form: 8-K · Filed: May 23, 2024 · CIK: 1556593
| Field | Detail |
|---|---|
| Company | Rithm Capital Corp. (RITM-PD) |
| Form Type | 8-K |
| Filed Date | May 23, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, preferred-stock
TL;DR
Rithm Capital filed an 8-K detailing preferred stock series and security holder votes.
AI Summary
Rithm Capital Corp. filed an 8-K on May 23, 2024, to report on the submission of matters to a vote of security holders and to file financial statements and exhibits. The filing includes details regarding various series of preferred stock, including the Seven50 Series A, Seven125 Series B, Six375 Series C, and Seven00 Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, all with a reporting date of May 23, 2024.
Why It Matters
This filing provides important updates on Rithm Capital's corporate governance and financial reporting, which can influence investor decisions.
Risk Assessment
Risk Level: low — This is a routine filing for corporate actions and financial reporting, not indicating immediate operational or financial distress.
Key Players & Entities
- Rithm Capital Corp. (company) — Filer of the 8-K report
- New Residential Investment Corp. (company) — Former company name
- Seven50 Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (company) — Preferred stock series mentioned
- Seven125 Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (company) — Preferred stock series mentioned
- Six375 Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (company) — Preferred stock series mentioned
- Seven00 Fixed Rate Reset Series D Cumulative Redeemable Preferred Stock (company) — Preferred stock series mentioned
FAQ
What is the primary purpose of this 8-K filing by Rithm Capital Corp.?
The primary purpose is to report on the submission of matters to a vote of security holders and to file financial statements and exhibits.
On what date was this 8-K report filed and effective?
The report was filed and effective as of May 23, 2024.
What are some of the specific series of preferred stock mentioned in the filing?
The filing mentions Seven50 Series A, Seven125 Series B, Six375 Series C, and Seven00 Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
What was Rithm Capital Corp.'s former company name?
Rithm Capital Corp.'s former company name was New Residential Investment Corp.
What is Rithm Capital Corp.'s business address?
Rithm Capital Corp.'s business address is 799 Broadway, New York, NY 10003.
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2024-05-23 17:12:30
Key Financial Figures
- $0.01 — on which registered: Common Stock, $0.01 par value per share RITM New York S
Filing Documents
- ef20029930_8k.htm (8-K) — 53KB
- 0001140361-24-027318.txt ( ) — 249KB
- ritm-20240523.xsd (EX-101.SCH) — 5KB
- ritm-20240523_def.xml (EX-101.DEF) — 19KB
- ritm-20240523_lab.xml (EX-101.LAB) — 30KB
- ritm-20240523_pre.xml (EX-101.PRE) — 22KB
- ef20029930_8k_htm.xml (XML) — 10KB
07
Item 5.07. Submission of Matters to a Vote of Security Holders. At the 2024 Annual Meeting of Stockholders (the "Annual Meeting"), held May 23, 2024, the stockholders of Rithm Capital Corp. (the "Company") voted on the matters described below. 1. The Company's stockholders elected three Class II directors, who comprise all the directors of such class, to serve until the 2027 Annual Meeting of Stockholders and until their successors are elected and duly qualified. The numbers of shares that voted for the election of such director, withheld voting for such director, and represented broker non-votes with respect to this proposal are summarized in the table below. Director Nominee Votes For Votes Withheld Broker Non-Votes * Kevin J. Finnerty 184,066,227 43,115,670 129,214,212 Michael Nierenberg 209,641,454 17,540,443 129,214,212 Patrice M. Le Melle 220,167,605 7,014,292 129,214,212 2. The Company's stockholders approved the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The numbers of shares that voted for, against and abstained from voting for or against the ratification of the selection of Ernst & Young LLP are summarized in the table below. Votes For Votes Against Abstentions 350,836,518 3,953,509 1,606,081 3. The Company's stockholders approved (on a non-binding advisory basis) the compensation of the Company's named executive officers as described in the Company's Proxy Votes For Votes Against Abstentions Broker Non-Votes* 183,426,183 40,286,534 3,469,179 129,214,212 No other matters were considered and voted on by the Company's stockholders at the Annual Meeting. * Broker non-votes are instances where a broker holding shares of record for a beneficial
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RITHM CAPITAL CORP. (Registrant) /s/ Nicola Santoro, Jr. Nicola Santoro, Jr. Chief Financial Officer and Chief Accounting Officer Date: May 23, 2024