4//SEC Filing
Evans Jenna D. 4
Accession 0001641172-25-002170
CIK 0000873860other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 6:25 PM ET
Size
20.9 KB
Accession
0001641172-25-002170
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Evans Jenna D.
Chief Risk and Compliance
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-29−1,435→ 2,870 total→ Common Stock (1,435 underlying) - Tax Payment
Common Stock
2025-03-29$31.45/sh−624$19,625→ 2,950 total - Disposition to Issuer
Common Stock
2025-03-31−647→ 2,950 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−647→ 0 total→ Common Stock (647 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-31−1,830→ 0 total→ Common Stock (1,830 underlying) - Exercise/Conversion
Common Stock
2025-03-31+647→ 3,597 total - Exercise/Conversion
Common Stock
2025-03-31+1,830→ 4,780 total - Disposition to Issuer
Common Stock
2025-03-31−1,830→ 2,950 total - Exercise/Conversion
Common Stock
2025-03-29+1,435→ 3,574 total
Footnotes (5)
- [F1]On March 29, 2024, the reporting person was granted 4,305 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of common stock on the vesting date.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On March 31, 2022, the reporting person was granted 1,940 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 647 restricted stock units that vested pursuant to the award on March 31, 2025. On March 31, 2025, the closing price of ONIT common stock was $32.32.
- [F4]On March 31, 2022, the reporting person was granted 1,940 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Between 0% and 200% of the target number of units were eligible to vest on March 31, 2025 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. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 1,830 restricted stock units that vested pursuant to the award on March 31, 2025. On March 31, 2025, the closing price of ONIT common stock was $32.32.
- [F5]Not applicable
Documents
Issuer
ONITY GROUP INC.
CIK 0000873860
Entity typeother
Related Parties
1- filerCIK 0001953092
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 6:25 PM ET
- Size
- 20.9 KB