Peach James Andrew 4

What Happened

• Peach James Andrew, EVP & Chief Lending Officer of Onity Group Inc. (ONIT), had 1,191 restricted stock units (RSUs) vest on March 15, 2026 and those vested units were cash-settled. Using the last trading-day closing price of $37.75 (March 13, 2026), the settlement equals about $44,960. The filing also shows a disposition to the issuer related to the settlement/withholding.
• On the same date (March 15, 2026) the reporting person was granted two new awards totaling 11,455 RSUs: 5,727 time‑based RSUs (vest in three equal annual installments) and 5,728 RSUs that are subject to both time and performance vesting (0%–200% payout possible based on relative TSR, vesting measurement in 2029). These awards are cash‑settled derivative rights, not current shares.

Key Details

• Transaction dates: March 15, 2026 (vesting/settlement and new grants). Form filed March 17, 2026 (timely).
• Cash received for vested RSUs: 1,191 units × $37.75 = ~$44,960 (based on March 13, 2026 close).
• New awards: 5,727 time‑based RSUs; 5,728 performance & time‑based RSUs (target value paid in cash at future vesting).
• Reported disposition to issuer reflects settlement/withholding related to the vested RSUs (common for tax withholding); filing shows no open-market sale.
• Shares owned after the transaction are not specified in the information provided in this summary—see the Form 4 for full holdings.

Context

• These entries are derivative/award transactions (not open‑market purchases or sales). The vested units were cash‑settled rather than converted into delivered shares; the new awards are contingent cash rights tied to future vesting and/or performance.
• Grants and routine vesting/withholding are common for executives and do not, by themselves, indicate a change in sentiment. Purchases are typically more informative for bullish signals; this filing documents compensation and settlement activity.