Anderson Scott William 4

What Happened

• Scott William Anderson, EVP & Chief Servicing Officer of ONITY Group Inc. (ONIT), had 2,978 restricted stock units (RSUs) vest on March 15, 2026 and those vested units were settled in cash. The settlement used the March 13, 2026 closing price of $37.75, producing approximately $112,319.50 in cash.
• On the same date Anderson was granted two new RSU awards: 7,159 time‑based RSUs and 7,160 RSUs subject to both time- and performance-based vesting (total new target awards = 14,319 RSUs). All RSUs are payable in cash equal to the company’s closing share price on applicable vesting dates.

Key Details

• Transaction date: March 15, 2026 (Form filed March 17, 2026). Filing appears timely (within the normal 2-business-day Form 4 window).
• Cash settlement: 2,978 vested RSUs × $37.75 = $112,319.50 (per footnote using the last trading day price before vesting).
• New grants: 7,159 time‑based RSUs (vest in three equal annual installments) and 7,160 performance/time RSUs (performance vesting 0%–200% at the March 15, 2029 measurement).
• Reported transaction codes: M (exercise/conversion of derivative), D (disposition to issuer indicating cash settlement), A (award/grant). The $0.00 price on the grant/derivative lines reflects that RSUs are awarded/settled as cash based on share price, not purchased for cash.
• Shares owned after the transactions: not specified in the filing.

Context

• These were RSU vesting and grant transactions settled or payable in cash rather than issuance of shares; the vested units were cash-settled (not an open-market sale).
• The performance RSUs include variable payout (0–200%) based on ONIT’s absolute total shareholder return versus a peer group at specified measurement periods — final payout may differ from the target 7,160 units.
• RSU awards and cash settlements are common compensation events and do not by themselves indicate insider sentiment about the company’s stock price.