Welborn Robert S. 4

What Happened

• Robert S. Welborn, a director of Onity Group Inc. (ONIT), received a grant of 3,627 restricted stock units (RSUs) on May 19, 2026. The Form 4 reports the award as a derivative acquisition at $0 because the RSUs represent a contingent right to receive common shares in the future rather than an immediate cash transaction.
• The RSUs will vest on May 19, 2027 subject to certain service conditions related to his director role, and any underlying shares will be settleable on the six‑month anniversary of the director’s termination of service (see footnote F1).

Key Details

• Transaction date: 2026-05-19; Transaction code: A (award/grant); Reported price/value on Form 4: $0 (derivative).
• Shares granted: 3,627 RSUs. Form 4 does not specify total shares owned after this grant.
• Footnote: F1 — RSUs represent a contingent right to one share each, vesting 2027-05-19 subject to continued service; settlement timing described above. F2 — Not applicable.
• Filing timeliness: Report filed 2026-05-21 for a transaction on 2026-05-19 (timely under Form 4 reporting rules).

Context

• RSU grants are compensation/retention awards and do not represent an immediate cash sale or purchase of stock. Because these RSUs are contingent and vest over time, the Form 4 reports no immediate dollar value.
• For retail investors: such director awards are common and generally reflect compensation or retention incentives rather than a direct signal to buy or sell shares.