Evans Jenna D. 4
4 · ONITY GROUP INC. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
ONITY (ONIT) Chief Risk & Compliance Jenna Evans Vests RSUs
What Happened
Jenna D. Evans, Chief Risk & Compliance Officer of ONITY Group Inc. (ONIT), had a total of 4,437 restricted stock units (RSUs) convert to common shares on April 3, 2026 (3,414 from a performance-based award and 1,023 from a time-based award). To satisfy tax-withholding obligations, 1,930 shares were withheld (disposed) at $39.67 per share for total withholding value of about $76,563. Net shares added to her position were approximately 2,507 shares. The RSU conversions were reported on a Form 4 filed April 7, 2026.
Key Details
- Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (timely within SEC two-business-day window).
- Shares acquired via conversion/vesting: 4,437 total (3,414 performance-based; 1,023 time-based).
- Shares withheld for taxes: 1,930 shares at $39.67 each; withholding proceeds ≈ $76,563.
- Net shares received: ~2,507 shares after withholding.
- Footnotes: F1 = 3,414 RSUs vested from a 2023 performance award (target was 3,068 units; payout can range 0–200%); F3 = 1,023 RSUs vested from a 2023 time-based award; F4 = each RSU converts to one share; F2 = shares withheld to cover tax withholding.
- Filing timeliness: Filing appears timely (transaction 4/3/2026; Form 4 filed 4/7/2026).
- Amount owned after the transaction: not specified in the provided transaction summary.
Context
These transactions reflect RSU vesting and routine tax withholding (transaction codes: M = exercise/conversion of derivative/RSU; F = payment of exercise price or tax liability via share withholding). This is not an open-market purchase or sale by the insider but issuance/conversion of awards and shares withheld to cover taxes — common compensation-related activity rather than an explicit buy/sell signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-03+3,414→ 7,753 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−1,485$58,910→ 6,268 total - Exercise/Conversion
Common Stock
[F3]2026-04-03+1,023→ 7,291 total - Tax Payment
Common Stock
[F2]2026-04-03$39.67/sh−445$17,653→ 6,846 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-04-03−3,414→ 0 total→ Common Stock (3,414 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3][F5]2026-04-03−1,023→ 0 total→ Common Stock (1,023 underlying)
Footnotes (5)
- [F1]On April 3, 2023, the reporting person was granted 3,068 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. 3,414 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 3,068 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.