Wolfgang Carl Frederic Arndts - 19 Dec 2025 Form 4 Insider Report for Paramount Group, Inc. (PGRE)

Role: Director
Signature: /s/ Timothy Dembo as attorney-in-fact for Wolfgang Carl Frederic Arndts
Issuer symbol: PGRE
Transactions as of: 19 Dec 2025
Net transactions value: -$167,442
Form type: 4
Filing time: 22 Dec 2025, 20:44:12 UTC
Previous filing: 11 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Arndts Wolfgang Carl Frederic	Director	C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, NEW YORK	/s/ Timothy Dembo as attorney-in-fact for Wolfgang Carl Frederic Arndts	22 Dec 2025	0002076146

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGRE	Common Stock	Disposed to Issuer	$167,442	-25,370	-100%	$6.60	0	19 Dec 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wolfgang Carl Frederic Arndts is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger, dated as of September 17, 2025 (as amended on October 8, 2025, and as may be amended from time to time, the "Merger Agreement"), by and among the Issuer, Paramount Group Operating Partnership LP, a Delaware limited partnership and a subsidiary of the Issuer (the "Operating Partnership"), Rithm Capital Corp., a Delaware corporation ("Parent"), Panorama REIT Merger Sub, Inc., a Maryland corporation and a wholly owned subsidiary of Parent, and Panorama Operating Merger Sub LP, a Delaware limited partnership and a wholly owned subsidiary of Parent, at the Company Merger Effective Time (as defined in the Merger Agreement), these securities, comprised of shares of restricted stock that were issued pursuant to the Issuer's equity incentive plan and subject to time-based vesting, the vesting of which was accelerated at the Company Merger Effective Time,
F2	(Continued from footnote 1) were cancelled and exchanged for the Company Merger Consideration (as defined in the Merger Agreement) of $6.60 per share.

Content

Pursuant to the Agreement and Plan of Merger, dated as of September 17, 2025 (as amended on October 8, 2025, and as may be amended from time to time, the "Merger Agreement"), by and among the Issuer, Paramount Group Operating Partnership LP, a Delaware limited partnership and a subsidiary of the Issuer (the "Operating Partnership"), Rithm Capital Corp., a Delaware corporation ("Parent"), Panorama REIT Merger Sub, Inc., a Maryland corporation and a wholly owned subsidiary of Parent, and Panorama Operating Merger Sub LP, a Delaware limited partnership and a wholly owned subsidiary of Parent, at the Company Merger Effective Time (as defined in the Merger Agreement), these securities, comprised of shares of restricted stock that were issued pursuant to the Issuer's equity incentive plan and subject to time-based vesting, the vesting of which was accelerated at the Company Merger Effective Time,

(Continued from footnote 1) were cancelled and exchanged for the Company Merger Consideration (as defined in the Merger Agreement) of $6.60 per share.