Scott Anderson - 29 Mar 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Scott Anderson
Issuer symbol
ONIT
Transactions as of
29 Mar 2025
Net transactions value
-$196,585
Form type
4
Filing time
01 Apr 2025, 18:25:38 UTC
Previous filing
18 Mar 2025
Next filing
07 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONIT Common Stock Options Exercise +3,827 +13% 33,209 29 Mar 2025 Direct F1
transaction ONIT Common Stock Tax liability $47,364 -1,506 -4.5% $31.45 31,703 29 Mar 2025 Direct F2
transaction ONIT Common Stock Options Exercise +3,064 +9.7% 34,767 31 Mar 2025 Direct F3
transaction ONIT Common Stock Tax liability $38,978 -1,206 -3.5% $32.32 33,561 31 Mar 2025 Direct F2
transaction ONIT Common Stock Options Exercise +8,668 +26% 42,229 31 Mar 2025 Direct F4
transaction ONIT Common Stock Tax liability $110,244 -3,411 -8.1% $32.32 38,818 31 Mar 2025 Direct F2

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 Options Exercise $0 -3,827 -33% $0.000000 7,654 29 Mar 2025 Common Stock 3,827 Direct F1, F5
transaction ONIT Restricted Stock Units Options Exercise $0 -3,064 -100% $0.000000 0 31 Mar 2025 Common Stock 3,064 Direct F3, F5
transaction ONIT Restricted Stock Units Options Exercise $0 -8,668 -100% $0.000000 0 31 Mar 2025 Common Stock 8,668 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 29, 2024, the reporting person was granted 11,481 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 9,191 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.
F4 On March 31, 2022, the reporting person was granted 9,191 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. 8,668 restricted stock units vested pursuant to the award on March 31, 2025.
F5 Not applicable.