Wessel Aulene 4

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.