Samarias Joseph J 4
4 · ONITY GROUP INC. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
ONIT EVP Joseph Samarias Receives 7,605 Shares via RSU Vesting
What Happened
Joseph J. Samarias, EVP & Chief Legal Officer of Onity Group Inc. (ONIT), had restricted stock units (RSUs) convert into 7,605 shares on April 3, 2026. To satisfy tax withholding, 2,993 of those shares were surrendered at an effective withholding price of $39.67 per share, generating $118,732 in tax payments. Net shares retained after withholding: 4,612.
Key Details
- Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (timely within the two-business-day reporting window).
- Conversion (reported as derivative exercise/code M): 5,852 shares and 1,753 shares converted to common stock (total 7,605). These conversions show $0.00 exercise price because they are RSU vesting events, not option purchases.
- Withholding (code F): 2,303 shares and 690 shares withheld at $39.67/share for taxes, totaling $91,360 and $27,372 respectively (combined $118,732).
- Net new shares retained: 7,605 converted − 2,993 withheld = 4,612 shares added to beneficial ownership.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 describes a performance-based RSU award (granted Apr 3, 2023) where between 0%–200% of target could vest; 5,852 units vested based on performance. F3 describes a separate time-based RSU grant (also Apr 3, 2023) with installment vesting; 1,753 units vested. F4 confirms each RSU converts to one share. F2 notes the share withholding to cover tax obligations.
Context
- This was not a cash purchase—these were RSU vesting events (conversion of contingent awards into shares). The $0.00 exercise price entries reflect that RSUs convert to shares without paying an exercise price.
- The withholding of shares for taxes is a common, routine administrative step and does not by itself indicate a change in insider sentiment.
- Filing appears timely (filed on Apr 7 for Apr 3 transactions).
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Samarias Joseph J
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-03+5,852→ 28,775 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−2,303$91,360→ 26,472 total - Exercise/Conversion
Common Stock
[F3]2026-04-03+1,753→ 28,225 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−690$27,372→ 27,535 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-04-03−5,852→ 0 total→ Common Stock (5,852 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3][F5]2026-04-03−1,753→ 0 total→ Common Stock (1,753 underlying)
Footnotes (5)
- [F1]On April 3, 2023, the reporting person was granted 5,259 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units would be eligible to vest on April 3, 2026 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods. 5,852 restricted stock units vested pursuant to the award on April 3, 2026.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On April 3, 2023, the reporting person was granted 5,259 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions.
- [F4]Each restricted stock unit represents a contingent right to receive one share of ONIT common stock on the vesting date.
- [F5]Not applicable.
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Joseph J. Samarias|2026-04-07