Bradfield Richard J. 4

What Happened

• Richard J. Bradfield, EVP, Strategic Initiatives at Onity (ONIT), had 1,754 restricted stock units (RSUs) convert to common shares on March 29, 2026. Of those vested shares, 871 were withheld to satisfy tax withholding obligations at $37.54 per share (withheld value ≈ $32,697), leaving a net 883 shares issued to him (net value ≈ $32,697).

Key Details

• Transaction date: March 29, 2026; Form 4 filed March 31, 2026 (filed two days after vesting; appears timely).
• Action codes: M = conversion/exercise of a derivative (RSU conversion); F = shares withheld to cover taxes.
• Gross shares converted: 1,754; shares withheld for taxes: 871 at $37.54/share = $32,697; net shares delivered: 883.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — these RSUs were from a March 29, 2024 grant of 5,262 RSUs scheduled to vest in three equal annual installments; F2 — shares were withheld pursuant to the award to cover tax withholding.

Context

• This was a scheduled RSU vesting and tax-withholding event (not an open-market purchase or sale). Withholding of shares to pay taxes is common and does not by itself indicate a change in insider sentiment. The filing reflects a conversion of RSUs to shares with a portion withheld for tax purposes (a cashless-type settlement for withholding).