Glen A. Messina - Mar 15, 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Role
President and CEO, Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Glen Messina
Stock symbol
ONIT
Transactions as of
Mar 15, 2025
Transactions value $
$0
Form type
4
Date filed
3/18/2025, 04:15 PM
Previous filing
Aug 2, 2024
Next filing
Apr 1, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ONIT Restricted Stock Units Award $0 +67K $0.00 67K Mar 15, 2025 Common Stock 67K Direct F1, F2
transaction ONIT Restricted Stock Units Award $0 +67K $0.00 67K Mar 15, 2025 Common Stock 67K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 15, 2025, the reporting person was granted 67,024 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of ONIT common stock on the applicable vesting date.
F2 Not applicable
F3 On March 15, 2025, the reporting person was granted 67,024 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. 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. Between 0% and 200% of the target number of units will be eligible to vest on March 15, 2028 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.