Glen A. Messina - 29 Mar 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Glen Messina
Issuer symbol
ONIT
Transactions as of
29 Mar 2025
Net transactions value
-$1,777,624
Form type
4
Filing time
01 Apr 2025, 18:25:47 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 +25,513 +8.8% 314,691 29 Mar 2025 Direct F1, F2
transaction ONIT Common Stock Tax liability $371,833 -11,823 -3.8% $31.45 302,868 29 Mar 2025 Direct F2, F3
transaction ONIT Common Stock Options Exercise +24,510 +8.1% 327,378 31 Mar 2025 Direct F2, F4
transaction ONIT Common Stock Tax liability $367,091 -11,358 -3.5% $32.32 316,020 31 Mar 2025 Direct F2, F3
transaction ONIT Common Stock Options Exercise +69,353 +22% 385,373 31 Mar 2025 Direct F2, F5
transaction ONIT Common Stock Tax liability $1,038,700 -32,138 -8.3% $32.32 353,235 31 Mar 2025 Direct F2, F3

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 -25,513 -33% $0.000000 51,027 29 Mar 2025 Common Stock 25,513 Direct F1, F6
transaction ONIT Restricted Stock Units Options Exercise $0 -24,510 -100% $0.000000 0 31 Mar 2025 Common Stock 24,510 Direct F4, F6
transaction ONIT Restricted Stock Units Options Exercise $0 -69,353 -100% $0.000000 0 31 Mar 2025 Common Stock 69,353 Direct F5, F6
* 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 76,540 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 Includes 23,554 shares held jointly with spouse.
F3 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4 On March 31, 2022, the reporting person was granted 73,529 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.
F5 On March 31, 2022, the reporting person was granted 73,529 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. 69,353 restricted stock units vested pursuant to the award on March 31, 2025.
F6 Not applicable.