Samarias Joseph J 4

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).