4//SEC Filing
Peach James Andrew 4
Accession 0001641172-25-002174
CIK 0000873860other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 6:25 PM ET
Size
20.9 KB
Accession
0001641172-25-002174
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Peach James Andrew
EVP & Chief Lending Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-31+751→ 1,614 total - Exercise/Conversion
Restricted Stock Units
2025-03-29−1,530→ 3,062 total→ Common Stock (1,530 underlying) - Exercise/Conversion
Common Stock
2025-03-29+1,530→ 1,530 total - Disposition to Issuer
Common Stock
2025-03-31−751→ 863 total - Exercise/Conversion
Common Stock
2025-03-31+2,124→ 2,987 total - Disposition to Issuer
Common Stock
2025-03-31−2,124→ 863 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−751→ 0 total→ Common Stock (751 underlying) - Tax Payment
Common Stock
2025-03-29$31.45/sh−667$20,977→ 863 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−2,124→ 0 total→ Common Stock (2,124 underlying)
Footnotes (5)
- [F1]On March 29, 2024, the reporting person was granted 4,592 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 2,251 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 751 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 2,252 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 2,124 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 0002017278
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 6:25 PM ET
- Size
- 20.9 KB