ONITY GROUP INC.·4

Mar 17, 4:15 PM ET

Wessel Aulene 4

4 · ONITY GROUP INC. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Onity (ONIT) Chief Accounting Officer Wessel Aulene Receives Award

What Happened

  • Wessel Aulene, Chief Accounting Officer of Onity Group Inc. (ONIT), was granted two restricted stock unit (RSU) awards on March 15, 2026. Each award was for 2,983 RSUs (total target = 5,966 RSUs) and is recorded as a derivative grant at $0.00 per unit.
  • These RSUs are cash‑settled: each unit represents a contingent right to receive a cash payment equal to the closing price of one ONIT share on the applicable vesting date. This is a compensation award, not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-15; filing date: 2026-03-17 (report period 2026-03-15).
  • Recorded price: $0.00 per unit (derivative award). Two grants of 2,983 RSUs each (total target 5,966 RSUs).
  • Shares owned after the transaction: not specified in the filing.
  • Notable footnotes:
    • Footnote F1: One grant (2,983 RSUs) vests in three equal annual installments on the 1st, 2nd and 3rd anniversaries of the grant, subject to continued employment and other conditions.
    • Footnote F3: The second grant (2,983 RSUs) is subject to both time and performance conditions; between 0% and 200% of target may vest on March 15, 2029 based on relative total shareholder return versus a peer group.
  • Filing timeliness: filing shows a March 17, 2026 Form 4 reporting a March 15, 2026 grant; the filing does not flag a late-reporting designation in the information provided.

Context

  • RSU awards are compensation and don’t necessarily signal a buy or sell decision by the insider. Because these are cash‑settled RSUs, Aulene will receive cash equal to the share closing price on vesting rather than receiving actual shares.
  • The performance‑based portion can payout from 0% up to 200% of target, so actual future payout may differ materially from the target units granted.

Insider Transaction Report

Form 4
Period: 2026-03-15
Wessel Aulene
Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-03-15+2,9832,983 total
    Common Stock (2,983 underlying)
  • Award

    Restricted Stock Units

    [F3][F2]
    2026-03-15+2,9832,983 total
    Common Stock (2,983 underlying)
Footnotes (3)
  • [F1]On March 15, 2026, the reporting person was granted 2,983 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 a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date.
  • [F2]Not applicable
  • [F3]On March 15, 2026, the reporting person was granted 2,983 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, 2029 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.
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Aulene Wessel|2026-03-17

Documents

1 file
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    ownership.xmlPrimary

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