MAGNETAR FINANCIAL LLC sold 34.6% of their position (200K shares) of RITHM PROPERTY TRUST INC. on the open market

Open‑market sale worth $4.90M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 5 sales

MAGNETAR FINANCIAL LLC

Filed: 6/22/2022ACC: 0001209191-22-038797

InsiderMAGNETAR FINANCIAL LLCCIK 1352851

→

IssuerRITHM PROPERTY TRUST INC.CIK 1614806

10% Owner

Since Aug 2020

-450K

Net shares

Net seller

$4.90M

Total sold

Open market trades

0B · 5S

Total transactions

450K disposed

Non-Derivative Transactions5

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

Indirect

S · Sale

−35.69K

Price / share

$24.61

Trade value

$878.23K

% of position

10.9%

6/17/2022

327.60K→291.91K

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

Indirect

S · Sale

−77.17K

Price / share

$24.61

Trade value

$1.90M

% of position

10.9%

6/17/2022

708.40K→631.23K

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

Indirect

S · Sale

−27.23K

Price / share

$24.61

Trade value

$670.20K

% of position

10.9%

6/17/2022

250K→222.77K

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

Indirect

S · Sale

−13.62K

Price / share

$24.61

Trade value

$335.11K

% of position

10.9%

6/17/2022

125K→111.38K

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

Indirect

S · Sale

−46.30K

Price / share

$24.05

Trade value

$1.11M

% of position

10.9%

6/17/2022

425K→378.70K

Total

Net shares

−200K

Net value

-$4.90M

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	6/17/2022	S · Sale	−35.69K	$24.61	$878.23K	10.9%	327.60K	291.91K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/17/2022	S · Sale	−77.17K	$24.61	$1.90M	10.9%	708.40K	631.23K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/17/2022	S · Sale	−27.23K	$24.61	$670.20K	10.9%	250K	222.77K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/17/2022	S · Sale	−13.62K	$24.61	$335.11K	10.9%	125K	111.38K
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	6/17/2022	S · Sale	−46.30K	$24.05	$1.11M	10.9%	425K	378.70K
Total			−200K		-$4.90M

Derivative Transactions5

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

34.04K shares

−34.04K

Strike price

10.00

Held after

278.46K

Exercisable

—

6/17/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

17.02K shares

−17.02K

Strike price

10.00

Held after

139.23K

Exercisable

—

6/17/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

44.61K shares

−44.61K

Strike price

10.00

Held after

64.89K

Exercisable

—

6/17/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

96.46K shares

−96.46K

Strike price

10.00

Held after

139.04K

Exercisable

—

6/17/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

57.87K shares

−57.87K

Strike price

10.00

Held after

473.38K

Exercisable

—

6/17/2022

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 share34.04K shares	6/17/2022	S · Sale	−34.04K	10.00	—	278.46K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share17.02K shares	6/17/2022	S · Sale	−17.02K	10.00	—	139.23K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share44.61K shares	6/17/2022	S · Sale	−44.61K	10.00	—	64.89K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share96.46K shares	6/17/2022	S · Sale	−96.46K	10.00	—	139.04K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share57.87K shares	6/17/2022	S · Sale	−57.87K	10.00	—	473.38K

Non-Derivative Holdings (Post-Transaction)4

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

Indirect

Shares owned227.60K

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

Indirect

Shares owned1.04M

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

Indirect

Shares owned156.40K

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

Indirect

Shares owned1.20M

Total

2.62M indirect2.62M

Security Title	Shares Owned	Ownership Type
5.00% Series B Fixed-to-Floating Rate Preferred Stock	227.60K	Indirect
5.00% Series B Fixed-to-Floating Rate Preferred Stock	1.04M	Indirect
7.25% Series A Fixed-to-Floating Rate Preferred Stock	156.40K	Indirect
5.00% Series B Fixed-to-Floating Rate Preferred Stock	1.20M	Indirect
Total	2.62M	2.62M indirect

Derivative Holdings (Post-Transaction)8

Series B Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

1.30M

Shares owned

1.30M

Exercise price

10.00

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

10.00

Expiration

—

Exercise window

—

Series A Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

650K

Shares owned

650K

Exercise price

10.00

Expiration

—

Exercise window

—

Series A Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

300K

Shares owned

300K

Exercise price

10.00

Expiration

—

Exercise window

—

Series B Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

1.50M

Shares owned

1.50M

Exercise price

10.00

Expiration

—

Exercise window

—

Series B Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

175K

Shares owned

175K

Exercise price

10.00

Expiration

—

Exercise window

—

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

10.00

Expiration

—

Exercise window

—

Series A Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

75K

Shares owned

75K

Exercise price

10.00

Expiration

—

Exercise window

—

Total

Underlying

4.23M

Owned

4.23M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	1.30M	1.30M
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	109.50K	109.50K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	650K	650K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	300K	300K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	1.50M	1.50M
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	175K	175K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	120.50K	120.50K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	75K	75K
Total					4.23M	4.23M