Messina Glen A. 4
4 · ONITY GROUP INC. · Filed Mar 18, 2025
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Messina Glen A.
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2025-03-15+67,024→ 67,024 total→ Common Stock (67,024 underlying) - Award
Restricted Stock Units
2025-03-15+67,024→ 67,024 total→ Common Stock (67,024 underlying)
Footnotes (3)
- [F1]On March 15, 2025, the reporting person was granted 67,024 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of ONIT common stock on the applicable vesting date.
- [F2]Not applicable
- [F3]On March 15, 2025, the reporting person was granted 67,024 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. Between 0% and 200% of the target number of units will be eligible to vest on March 15, 2028 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 designated measurement periods.