ONITY GROUP INC.·4

Apr 7, 4:15 PM ET

O'Neil Sean Bradley 4

Research Summary

AI-generated summary

Updated

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.