MAGNETAR FINANCIAL LLC sold 80.5% of their position (800K shares) of RITHM PROPERTY TRUST INC. on the open market

Open‑market sale worth $19.92M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 5 sales

MAGNETAR FINANCIAL LLC

Filed: 6/30/2022ACC: 0001209191-22-039906

InsiderMAGNETAR FINANCIAL LLCCIK 1352851

→

IssuerRITHM PROPERTY TRUST INC.CIK 1614806

10% Owner

Since Aug 2020

-1.80M

Net shares

Net seller

$19.92M

Total sold

Open market trades

0B · 5S

Total transactions

1.80M disposed

Non-Derivative Transactions5

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

Indirect

S · Sale

−142.75K

Price / share

$25.06

Trade value

$3.58M

% of position

48.9%

6/28/2022

291.91K→149.17K

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

Indirect

S · Sale

−308.67K

Price / share

$25.06

Trade value

$7.74M

% of position

48.9%

6/28/2022

631.23K→322.56K

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

Indirect

S · Sale

−108.93K

Price / share

$25.06

Trade value

$2.73M

% of position

48.9%

6/28/2022

222.77K→113.83K

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

Indirect

S · Sale

−54.47K

Price / share

$25.06

Trade value

$1.36M

% of position

48.9%

6/28/2022

111.38K→56.92K

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

Indirect

S · Sale

−185.19K

Price / share

$24.38

Trade value

$4.51M

% of position

48.9%

6/28/2022

378.70K→193.52K

Total

Net shares

−800K

Net value

-$19.92M

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	6/28/2022	S · Sale	−142.75K	$25.06	$3.58M	48.9%	291.91K	149.17K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/28/2022	S · Sale	−308.67K	$25.06	$7.74M	48.9%	631.23K	322.56K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/28/2022	S · Sale	−108.93K	$25.06	$2.73M	48.9%	222.77K	113.83K
7.25% Series A Fixed-to-Floating Rate Preferred Stock Indirect	6/28/2022	S · Sale	−54.47K	$25.06	$1.36M	48.9%	111.38K	56.92K
5.00% Series B Fixed-to-Floating Rate Preferred Stock Indirect	6/28/2022	S · Sale	−185.19K	$24.38	$4.51M	48.9%	378.70K	193.52K
Total			−800K		-$19.92M

Derivative Transactions5

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

178.43K shares

−178.43K

Strike price

10.00

Held after

121.57K

Exercisable

—

6/28/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

385.84K shares

−385.84K

Strike price

10.00

Held after

264.16K

Exercisable

—

6/28/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

136.17K shares

−136.17K

Strike price

10.00

Held after

142.29K

Exercisable

—

6/28/2022

Series A Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

68.08K shares

−68.08K

Strike price

10.00

Held after

71.15K

Exercisable

—

6/28/2022

Series B Warrants (right to buy)

Indirect

S · Sale

Converts to

Common Stock, par value $0.01 per share

231.48K shares

−231.48K

Strike price

10.00

Held after

241.90K

Exercisable

—

6/28/2022

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 share178.43K shares	6/28/2022	S · Sale	−178.43K	10.00	—	121.57K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share385.84K shares	6/28/2022	S · Sale	−385.84K	10.00	—	264.16K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share136.17K shares	6/28/2022	S · Sale	−136.17K	10.00	—	142.29K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share68.08K shares	6/28/2022	S · Sale	−68.08K	10.00	—	71.15K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share231.48K shares	6/28/2022	S · Sale	−231.48K	10.00	—	241.90K

Non-Derivative Holdings (Post-Transaction)4

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

Indirect

Shares owned1.04M

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 owned1.20M

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

Indirect

Shares owned156.40K

Total

2.62M indirect2.62M

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

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

75K

Shares owned

75K

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 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 A Warrants (right to buy)

Indirect

Underlying security

Common Stock, par value $0.01 per share

Underlying shares

139.04K

Shares owned

139.04K

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

64.89K

Shares owned

64.89K

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 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

—

Total

Underlying

3.48M

Owned

3.48M

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	—	—	175K	175K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	75K	75K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	120.50K	120.50K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	1.50M	1.50M
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	139.04K	139.04K
Series A Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	64.89K	64.89K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	109.50K	109.50K
Series B Warrants (right to buy) Indirect	Common Stock, par value $0.01 per share	10.00	—	—	1.30M	1.30M
Total					3.48M	3.48M