O'Neil Sean Bradley 4
4 · ONITY GROUP INC. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
ONIT CFO Sean O'Neil Receives RSUs; Shares Withheld for Taxes
What Happened
Sean Bradley O'Neil, Chief Financial Officer of Onity Group, had 16,482 restricted stock units (RSUs) convert to common shares on April 3, 2026. To cover tax withholding, 6,486 shares were surrendered at $39.67 per share (total ~$257,300). Net to O'Neil were 9,996 shares (approximately $396,500 at $39.67). The gross value of the vested shares was about $653,840.
Key Details
- Transaction dates: Vested/converted and withholding occurred on 2026-04-03; Form 4 filed 2026-04-07 (filed within the two-business-day reporting window).
- Share counts & prices: 16,482 RSUs vested; 6,486 shares withheld at $39.67/share (disposition value reported $197,993 and $59,307 for two withholding events).
- Net shares received: 9,996 shares after withholding.
- Footnotes:
- The 12,683-unit portion came from a performance-based RSU grant made 2023-04-03 (target 11,396 units; payout range 0–200%; 12,683 vested on 2026-04-03).
- The 3,799-unit portion came from a time-based RSU grant made 2023-04-03 (three annual vesting installments).
- Each RSU converts to one share on vesting; withheld shares were used to satisfy tax obligations.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld to satisfy tax withholding.
Context
This was a routine vesting and sell-to-cover (share withholding) to cover taxes, not an open-market sale or purchase. For retail investors, such vesting events are standard compensation-related transfers and do not by themselves indicate an insider buying or selling for investment reasons.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-03+12,683→ 64,116 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−4,991$197,993→ 59,125 total - Exercise/Conversion
Common Stock
[F3]2026-04-03+3,799→ 62,924 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−1,495$59,307→ 61,429 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-04-03−12,683→ 0 total→ Common Stock (12,683 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3][F5]2026-04-03−3,799→ 0 total→ Common Stock (3,799 underlying)
Footnotes (5)
- [F1]On April 3, 2023, the reporting person was granted 11,396 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. 12,683 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 11,395 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.