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[Form 4] Mr. Cooper Group Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Jesse K. Bray, CEO and Director of Mr. Cooper Group Inc. (COOP), reported the sale of 30,000 shares of the company's common stock on 09/02/2025. The sales were effected under a previously announced Rule 10b5-1 trading plan adopted by the Jesse K. Bray Living Trust on June 13, 2024, which is now concluded. The weighted-average sale price was $182.43, with individual trade prices ranging from $176.93 to $183.56. After the reported dispositions, the filing shows 633,187 shares beneficially owned indirectly by the Trust and 198,398 shares disposed (as separately listed), with the Form signed by an attorney-in-fact on behalf of the reporting person.

Positive
  • Sale executed under a documented Rule 10b5-1 trading plan, demonstrating adherence to an established compliance mechanism
  • Detailed price disclosure including weighted-average price and price range improves transparency
  • Reporting shows substantial remaining indirect ownership (633,187 shares), indicating continued alignment with shareholders
Negative
  • Reported disposition of 30,000 shares reduced insider holdings
  • 10b5-1 plan has concluded, so future scheduled dispositions under that plan are no longer in effect

Insights

TL;DR: Insider sold 30,000 COOP shares under a pre-established 10b5-1 plan; plan has concluded, signaling no ongoing scheduled disposals.

The filing discloses disciplined execution under a documented Rule 10b5-1 plan adopted June 13, 2024, which helps mitigate concerns about trading on material nonpublic information. The weighted-average sale price was $182.43 with trades between $176.93 and $183.56. Post-transaction indirect beneficial ownership via the Jesse K. Bray Living Trust remains material at 633,187 shares, indicating continued significant alignment with shareholders despite the sale. Disclosure was executed via attorney-in-fact and includes an undertaking to provide further price-level details on request.

TL;DR: A senior executive reduced holdings by 30,000 shares through a pre-set plan; transactions appear routine and disclosed properly.

The transaction code reported is 'S' for sale and was implemented pursuant to the Trust's 10b5-1 plan, now concluded. The weighted-average sale price of $182.43 and the disclosed price range provide transparency on execution. The filing does not state any change to overall ownership control or any amendment to compensation arrangements. From an investor-materiality perspective, the sale does not on its face indicate unusual activity beyond the planned disposition.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bray Jesse K

(Last) (First) (Middle)
8950 CYPRESS WATERS BLVD.

(Street)
COPPELL TX 75019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Mr. Cooper Group Inc. [ COOP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/02/2025 S 30,000(1) D $182.43(2) 633,187 I By The Jesse K. Bray Living Trust
Common Stock 198,398 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a previously announced Rule 10b5-1 trading plan adopted by the Jesse K. Bray Living Trust (the "Trust") on June 13, 2024, which is now concluded.
2. The price reported in Column 4 is a weighted average price; the shares were sold in multiple transactions at prices ranging from $176.93 to $183.56, inclusive. Reporting Person, on behalf of the Trust, undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Remarks:
/s/Katherine K. Connell, Attorney-in-Fact 09/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Jesse K. Bray report on Form 4 for COOP?

The report discloses the sale of 30,000 shares of Mr. Cooper Group Inc. common stock on 09/02/2025 executed under a Rule 10b5-1 plan.

At what price were the COOP shares sold?

The filing reports a weighted-average price of $182.43, with individual trades ranging from $176.93 to $183.56.

Was the sale part of a 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 13, 2024, which the filing states is now concluded.

How many COOP shares does the filing show remain beneficially owned indirectly?

The filing shows 633,187 shares beneficially owned indirectly by The Jesse K. Bray Living Trust following the reported transactions.

Who signed the Form 4 filing for Jesse K. Bray?

The Form 4 was signed by Katherine K. Connell, Attorney-in-Fact on behalf of the reporting person on 09/04/2025.
Mr Cooper Group Inc

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