Andrew Peach - Apr 3, 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Role
EVP & Chief Lending Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for J. Andrew Peach
Stock symbol
ONIT
Transactions as of
Apr 3, 2025
Transactions value $
$0
Form type
4
Date filed
4/7/2025, 04:17 PM
Previous filing
Apr 1, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONIT Common Stock Options Exercise +743 +86.1% 1.61K Apr 3, 2025 Direct F1
transaction ONIT Common Stock Disposed to Issuer -743 -46.26% 863 Apr 3, 2025 Direct F1

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 -743 -50% $0.00 743 Apr 3, 2025 Common Stock 743 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023, the reporting person was granted 2,228 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 743 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.