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

Role
EVP & Chief Inv. Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Aaron Wade
Stock symbol
ONIT
Transactions as of
Apr 3, 2025
Transactions value $
-$134,886
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 +1.75K +25.85% 8.53K Apr 3, 2025 Direct F1
transaction ONIT Common Stock Tax liability -$26.5K -888 -10.41% $29.83 7.65K Apr 3, 2025 Direct F2
transaction ONIT Common Stock Options Exercise +1.54K +20.1% 9.18K Apr 5, 2025 Direct F3
transaction ONIT Common Stock Tax liability -$21.5K -779 -8.48% $27.54 8.4K Apr 5, 2025 Direct F2
transaction ONIT Common Stock Options Exercise +1.88K +22.38% 10.3K Apr 5, 2025 Direct F4
transaction ONIT Common Stock Tax liability -$26.2K -953 -9.27% $27.54 9.33K Apr 5, 2025 Direct F2
transaction ONIT Common Stock Options Exercise +4.35K +46.59% 13.7K Apr 5, 2025 Direct F5
transaction ONIT Common Stock Tax liability -$60.7K -2.2K -16.11% $27.54 11.5K Apr 5, 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 -1.75K -50% $0.00 1.75K Apr 3, 2025 Common Stock 1.75K Direct F1, F6
transaction ONIT Restricted Stock Units Options Exercise $0 -1.54K -100% $0.00 0 Apr 5, 2025 Common Stock 1.54K Direct F3, F6
transaction ONIT Restricted Stock Units Options Exercise $0 -1.88K -100% $0.00 0 Apr 5, 2025 Common Stock 1.88K Direct F4, F6
transaction ONIT Restricted Stock Units Options Exercise $0 -4.35K -100% $0.00 0 Apr 5, 2025 Common Stock 4.35K Direct F5, F6
* 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 5,259 restricted stock units scheduled to vest in three approximately 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 common stock on the vesting date.
F2 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F3 On April 5, 2022, the reporting person was granted 4,610 restricted stock units scheduled to vest in three approximately 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 common stock on the vesting date.
F4 On April 5, 2022, the reporting person was granted 5,641 restricted stock units scheduled to vest in three approximately 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 common stock on the vesting date.
F5 On April 5, 2022, the reporting person was granted 4,610 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units were eligible to vest on April 5, 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. 4,348 restricted stock units vested pursuant to the award on April 5, 2025.
F6 Not applicable.