Samarias Joseph J 4
4 · ONITY GROUP INC. · Filed Aug 2, 2024
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Samarias Joseph J
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-31+2,614→ 16,300 total - Tax Payment
Common Stock
2024-07-31$29.23/sh−1,029$30,078→ 15,271 total - Exercise/Conversion
Restricted Stock Units
2024-07-31−2,614→ 0 total→ Common Stock (2,614 underlying)
Footnotes (3)
- [F1]On July 31, 2023, the reporting person was granted 5,229 restricted stock units subject to both a time-based and performance-based vesting condition. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. On July 31, 2024, the award vested at 50% of target based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at the designated measurement date.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]Not applicable.