Evans Jenna D. 4

What Happened
Jenna D. Evans, Chief Risk & Compliance of ONITY GROUP INC. (ONIT), had 1,435 restricted stock units (RSUs) convert to common shares on March 29, 2026. To satisfy tax withholding, 624 of those shares were withheld at $37.54 per share, generating $23,425. After withholding, Evans received a net 811 shares. The Form 4 lists the RSU conversion (transaction code M) and the withholding/surrender of shares to cover taxes (transaction code F).

Key Details

• Transaction date: 2026-03-29; filing date: 2026-03-31 (appears timely — filed two days after the transaction).
• RSUs converted: 1,435 shares (M).
• Shares withheld for taxes: 624 shares at $37.54 each = $23,425 (F).
• Net shares delivered to insider: 1,435 − 624 = 811 shares.
• Footnotes:
  • F1 — These shares are part of a 4,305 RSU grant made on Mar 29, 2024 that vests in three equal annual installments (1,435 shares each).
  • F2 — The 624 shares were withheld per award terms to cover tax withholding.
• Shares owned after the transaction: not specified in the provided filing.

Context
This was an RSU vesting event (conversion of a derivative to stock), not an open-market purchase or a discretionary sale. Withholding shares to cover taxes is a routine administrative action and does not necessarily indicate a change in the insider’s view of the stock. The filing shows the technical conversion and the share-surrender for tax purposes rather than a market sale by the insider.