Samarias Joseph J 4

What Happened

• Joseph J. Samarias, EVP and Chief Legal Officer of ONITY Group, had 1,913 restricted stock units convert (vest) into shares on March 29, 2026. Per the filing, 753 of those shares were withheld to cover tax withholding obligations at $37.54/share (total withheld value $28,268), leaving a net delivery of 1,160 shares to Samarias. Using the $37.54/share figure, the gross value of the vested shares is about $71,813 and the net shares received are worth about $43,545.

Key Details

• Transaction date: 2026-03-29; Form 4 filed: 2026-03-31 (appears timely — filed two days after the transaction).
• Primary actions reported:
  • Conversion/vesting of 1,913 derivative units (code M).
  • 753 shares withheld to satisfy tax obligations (code F) at $37.54/share = $28,268.
• Shares owned after the transaction: Not disclosed in the filing.
• Relevant footnotes:
  • F1: These were part of a 3/29/2024 grant of 5,740 restricted stock units vesting in three equal annual installments (subject to continued employment).
  • F2: The 753 shares withheld were pursuant to award terms to cover tax withholding.
• No indication of a 10b5-1 plan or a late filing in this report.

Context

• This was a routine vesting/conversion of restricted stock units, not an open-market purchase or discretionary sale. The withholding of shares to cover taxes is a common cashless settlement method and doesn't necessarily reflect a change in insider sentiment. Retail investors should view this as vesting-related compensation rather than a buy or sell signal.