Company: RITM-PC
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001104659-25-033195
Chunk: 41

Company: Rithm Capital Corp.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 41
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 and evaluated Mr. Nierenberg’s vision in developing and executing the Company’s business strategy and his individual contributions to the financial and strategic achievements included above. Significant individual accomplishments considered for 2024 included (i) his leadership in driving the Company’s financial and strategic accomplishments; (ii) his oversight of risk management and strategy, delivering strong financial results while increasing book value; (iii) his implementation of his marketing and brand awareness vision, including weekly touchpoints on multiple platforms, white papers and television and media appearances; and (iv) his broadening of the Company’s team and corporate structure, including the front office, human resources and compliance functions. Based on the achievements outlined above, the Compensation Committee determined Mr. Nierenberg earned the maximum (200% of target) for the Individual Category: Individual Category Payout: 200% of target x 10% weighting = 20% of target. Based on the combination of performance across all three categories, the Compensation Committee awarded Mr. Nierenberg his maximum short-term incentive of 200% of target, or $8,000,000. Each of Messrs. Santoro and Zeiden did not have a specific target short-term incentive opportunity amount, and instead were eligible to receive discretionary short-term incentive amounts from the Company based on our Compensation Committee’s determination of their individual performance and the performance of the Company as a whole. Although Messrs. Santoro and Zeiden did not have specific financial and strategic goals, the Compensation Committee considered the same financial and strategic performance accomplishments as outlined above for Mr. Nierenberg. In addition, the Compensation Committee considered Mr. Nierenberg’s evaluation of individual performance and recommended short-term incentive for Messrs. Santoro and Zeiden. Following a review of all applicable factors by our Compensation Committee, the Compensation Committee awarded the following short-term incentive amounts to Messrs. Santoro and Zeiden: Mr. Santoro, $1,050,000; and Mr. Zeiden, $750,000. Mr. Sivin did not have a specific target short-term incentive opportunity amount, and instead was eligible to receive a discretionary short-term incentive amount from the Company based on Mr. Nierenberg’s determination of his individual performance and the performance of the Company as a whole. For 2024, Mr. Sivin was awarded a short-term incentive amount of $1,000,000. Long-Term Incentive Awards . Our named executive officers are eligible to receive long-term equity incentive awards relating to our Common Stock