Peach James Andrew 4

What Happened

• Peach James Andrew, EVP & Chief Lending Officer of Onity Group Inc. (ONIT), had 1,531 restricted stock units (RSUs) convert to common shares on March 29, 2026. As required for tax withholding, 665 of those shares were withheld at $37.54 per share for a total withholding of $24,964, leaving 866 net shares delivered to the insider. The RSUs were granted March 29, 2024 and vested per the original three‑year schedule; the RSU conversion is treated as a derivative exercise on the Form 4.

Key Details

• Transaction date: March 29, 2026 (reported on Form 4 filed March 31, 2026).
• Vesting/conversion: 1,531 RSUs converted to 1,531 common shares (transaction code M).
• Tax withholding: 665 shares withheld (transaction code F) at $37.54 per share = $24,964.
• Net shares received: 866 shares (1,531 vested − 665 withheld).
• Footnotes: F1 — original RSU grant (4,592 RSUs on 2024-03-29, vesting in three equal annual installments); F2 — shares were withheld to cover tax withholding obligations.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 filed within two business days (timely).

Context

• This was a routine RSU vesting event with cashless withholding to satisfy tax obligations, not an open‑market purchase or sale. Such withholdings are standard and should not be read as a directional buy/sell signal by themselves. The form treats the RSU conversion as a derivative exercise and shows the withheld shares as a disposal to cover taxes.