Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 377

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 377
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 / UnitsWeighted-Average Grant-Date Fair ValueRSAsRSU AwardsPSU AwardsTime-Based Class B Profit UnitsPerformance-Based Class B Profit UnitsTotalRSAsRSU AwardsPSU AwardsTime-Based Class B Profits UnitsPerformance-Based Class B Profits UnitsUnvested Shares at December 31, 2023385,356 4,624,441 2,647,234 — — 7,657,031 $8.65 $10.40 $9.52 $— $— Granted— 1,578,252 423,330 682,851 2,949,424 5,633,857 — 10.90 10.70 10.72 10.79 Accrued RSU and PSU dividend equivalents(A)— 466,974 252,103 64,012 280,345 1,063,434 — 10.54 9.69 10.71 10.79 Vested(192,678)(1,409,118)— — — (1,601,796)8.65 10.36 — — — Forfeited— (676,428)(101,766)— — (778,194)— 10.72 10.42 — — Unvested Shares at December 31, 2024(A)192,678 4,584,121 3,220,901 746,863 3,229,769 11,974,332 $8.65 $10.55 $9.66 $10.72 $10.79 (A)Number of PSU awards assumes target levels of performance are achieved for outstanding unvested PSU awards.The weighted-average grant-date fair value of RSU awards granted for the years ended December 31, 2024 and 2023 was $10.90 and $10.41, respectively. As of December 31, 2024, total unrecognized compensation expense related to RSU awards was $29.6 million, with a weighted-average amortization period of 1.8 years. The total fair value of RSU awards vested was $14.6 million for the year ended December 31, 2024. No RSU awards vested for the years ended December 31, 2023 and 2022. The weighted-average grant-date fair value