ONITY GROUP INC.·4

Apr 7, 4:15 PM ET

Evans Jenna D. 4

Research Summary

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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.