MAGNETAR FINANCIAL LLC sold 67.7% of their position (2M shares) of RITHM PROPERTY TRUST INC. on the open market

Open‑market sale worth $48.46M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

MAGNETAR FINANCIAL LLC

Filed: 9/2/2022ACC: 0001140361-22-032215

InsiderMAGNETAR FINANCIAL LLCCIK 1352851

→

IssuerRITHM PROPERTY TRUST INC.CIK 1614806

10% Owner

Since Aug 2020

-4.50M

Net shares

Net seller

$48.46M

Total sold

Open market trades

0B · 9S

Total transactions

4.50M disposed

Non-Derivative Transactions9

7.25% Series A Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−113.48K

Price / share

$24.57

Trade value

$2.79M

% of position

New position

8/31/2022

113.48K→0.00

7.25% Series A Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−245.39K

Price / share

$24.57

Trade value

$6.03M

% of position

New position

8/31/2022

245.39K→0.00

7.25% Series A Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−86.60K

Price / share

$24.57

Trade value

$2.13M

% of position

New position

8/31/2022

86.60K→0.00

7.25% Series A Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−43.30K

Price / share

$24.57

Trade value

$1.06M

% of position

New position

8/31/2022

43.30K→0.00

7.25% Series A Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−31.99K

Price / share

$24.57

Trade value

$785.99K

% of position

20.5%

8/31/2022

156.40K→124.41K

5.00% Series B Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−147.22K

Price / share

$24.11

Trade value

$3.55M

% of position

New position

8/31/2022

147.22K→0.00

5.00% Series B Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−46.55K

Price / share

$24.11

Trade value

$1.12M

% of position

20.5%

8/31/2022

227.60K→181.04K

5.00% Series B Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−1.04M

Price / share

$24.11

Trade value

$25.07M

% of position

New position

8/31/2022

1.04M→0.00

5.00% Series B Fixed-to-Floating Rate Preferred Stock

Indirect

S · Sale

−245.46K

Price / share

$24.11

Trade value

$5.92M

% of position

20.5%

8/31/2022

1.20M→954.54K

Total

Net shares

−2M

Net value

-$48.46M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−113.48K	$24.57	$2.79M	New position	113.48K	0.00
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−245.39K	$24.57	$6.03M	New position	245.39K	0.00
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−86.60K	$24.57	$2.13M	New position	86.60K	0.00
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−43.30K	$24.57	$1.06M	New position	43.30K	0.00
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−31.99K	$24.57	$785.99K	20.5%	156.40K	124.41K
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−147.22K	$24.11	$3.55M	New position	147.22K	0.00
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−46.55K	$24.11	$1.12M	20.5%	227.60K	181.04K
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−1.04M	$24.11	$25.07M	New position	1.04M	0.00
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	8/31/2022	S · Sale	−245.46K	$24.11	$5.92M	20.5%	1.20M	954.54K
Total			−2M		-$48.46M

Derivative Transactions11

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

76.96K shares

−76.96K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

167.70K shares

−167.70K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

108.25K shares

−108.25K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

54.13K shares

−54.13K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

39.99K shares

−39.99K

Strike price

Held after

35.01K

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

64.89K shares

−64.89K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

139.04K shares

−139.04K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

184.03K shares

−184.03K

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

58.19K shares

−58.19K

Strike price

Held after

116.81K

Exercisable

—

8/31/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

306.82K shares

−306.82K

Strike price

Held after

1.19M

Exercisable

—

8/31/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common stock, par value $0.01 per share

1.30M shares

−1.30M

Strike price

Held after

0.00

Exercisable

—

8/31/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share76.96K shares	8/31/2022	S · Sale	−76.96K	10	—	0.00
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share167.70K shares	8/31/2022	S · Sale	−167.70K	10	—	0.00
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share108.25K shares	8/31/2022	S · Sale	−108.25K	10	—	0.00
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share54.13K shares	8/31/2022	S · Sale	−54.13K	10	—	0.00
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share39.99K shares	8/31/2022	S · Sale	−39.99K	10	—	35.01K
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share64.89K shares	8/31/2022	S · Sale	−64.89K	10	—	0.00
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share139.04K shares	8/31/2022	S · Sale	−139.04K	10	—	0.00
Series B Warrants (right to buy) Indirect	Common stock, par value $0.01 per share184.03K shares	8/31/2022	S · Sale	−184.03K	10	—	0.00
Series B Warrants (right to buy) Indirect	Common stock, par value $0.01 per share58.19K shares	8/31/2022	S · Sale	−58.19K	10	—	116.81K
Series B Warrants (right to buy) Indirect	Common stock, par value $0.01 per share306.82K shares	8/31/2022	S · Sale	−306.82K	10	—	1.19M
Series B Warrants (right to buy) Indirect	Common stock, par value $0.01 per share1.30M shares	8/31/2022	S · Sale	−1.30M	10	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Series A Warrants (right to buy)

Indirect

Underlying security

Common stock, par value $0.01 per share

Underlying shares

120.50K

Shares owned

120.50K

Exercise price

Expiration

—

Exercise window

—

Series B Warrants (right to buy)

Indirect

Underlying security

Common stock, par value $0.01 per share

Underlying shares

109.50K

Shares owned

109.50K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

230K

Owned

230K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Series A Warrants (right to buy) Indirect	Common stock, par value $0.01 per share	10	—	—	120.50K	120.50K
Series B Warrants (right to buy) Indirect	Common stock, par value $0.01 per share	10	—	—	109.50K	109.50K
Total					230K	230K