STEIN KEVIN 4
Research Summary
AI-generated summary
ONIT Director Kevin Stein Receives RSU Award of 3,627 Shares
What Happened Kevin Stein, a director of Onity Group Inc. (ONIT), was granted 3,627 restricted stock units (RSUs) on May 19, 2026. The RSUs were awarded at $0.00 per share (no cash consideration) and represent a contingent right to receive one share of ONIT common stock per RSU. The newly granted RSUs are scheduled to vest May 19, 2027, subject to certain service conditions tied to his role as a director.
Key Details
- Transaction date: May 19, 2026; reported on Form 4 filed May 21, 2026.
- Transaction type: Award/Grant (code A); 3,627 RSUs granted at $0.00 (no immediate cash value).
- Vesting: The 3,627 RSUs vest May 19, 2027, subject to continued service as a director (Footnote F1).
- Additional note: Filing references 3,188 RSUs that will vest May 21, 2026 (Footnote F2).
- Holdings: Some securities are held by The Kevin Stein Rev Living Trust U/A 4/30/19 (Kevin and Robin Stein, trustees) (Footnote F3).
- Timeliness: Form 4 was filed two days after the transaction date, within the typical two-business-day reporting window.
Context This filing records an equity award (RSUs), not an open-market purchase or sale. RSU grants are compensation tools and do not immediately change market exposure until they vest and convert to shares. Because the award was granted at no cost and vests in the future, it does not reflect an immediate buy or sell decision by the director.