Grunenwald Francois 4
4 · ONITY GROUP INC. · Filed Apr 7, 2025
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Grunenwald Francois
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-03+1,177→ 1,177 total - Disposition to Issuer
Common Stock
2025-04-03−1,177→ 0 total - Exercise/Conversion
Restricted Stock Units
2025-04-03−1,177→ 1,178 total→ Common Stock (1,177 underlying)
Footnotes (2)
- [F1]On April 3, 2023, the reporting person was granted 3,532 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 1,177 restricted stock units that vested pursuant to the award on April 3, 2025. On April 3, 2025, the closing price of ONIT common stock was $29.83.
- [F2]Not applicable.