O'Neil Sean Bradley 4
4 · ONITY GROUP INC. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Onity (ONIT) CFO Sean O'Neil Exercises RSUs; Shares Withheld
What Happened
Sean Bradley O'Neil, Chief Financial Officer of Onity Group Inc. (ONIT), had 4,146 restricted stock units (RSUs) convert to common shares on March 29, 2026. Of those shares, 1,631 were surrendered/withheld to cover tax withholding obligations at a reported per-share amount of $37.54, generating $61,228 in tax withholding. The net result was 2,515 shares retained by the insider.
Key Details
- Transaction date: 2026-03-29. Filing date (Form 4): 2026-03-31 — filing appears timely.
- Transaction types/codes: M = exercise/conversion of derivative (RSU conversion of 4,146 shares); F = shares withheld to satisfy tax obligations (1,631 shares at $37.54, $61,228).
- Net shares received after withholding: 2,515 (4,146 vested − 1,631 withheld). Approximately 39.4% of the vested shares were withheld for taxes.
- Footnotes: F1 explains the original grant of 12,437 RSUs on 2024-03-29 vesting in three equal annual installments; F2 confirms shares were withheld to cover tax withholding; F3 not applicable.
- Shares owned after the transaction are not specified in the provided filing.
Context
This was a scheduled vesting/conversion of RSUs rather than an open-market sale or purchase. The withholding of shares to cover taxes is a routine administrative step (not an indication of an open-market sale). The filing shows conversion of RSUs and tax-withholding, not a discretionary purchase or sale.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-29+4,146→ 53,064 total - Tax Payment
Common Stock
[F2]2026-03-29$37.54/sh−1,631$61,228→ 51,433 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-29−4,146→ 4,146 total→ Common Stock (4,146 underlying)
Footnotes (3)
- [F1]On March 29, 2024, the reporting person was granted 12,437 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of common stock on the vesting date.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]Not applicable.