Form 4: Hedlund Michael A reports acquisition/exercise transactions in OMF
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hedlund Michael A reported acquisition or exercise transactions in a Form 4 filing for OMF. The filing lists transactions totaling 2,919 shares. Following the reported transactions, holdings were 18,098 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hedlund Michael A
Role
pao, SVP and Group Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 2,919 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 18,098 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OMF officer Michael A. Hedlund report?
Michael A. Hedlund reported receiving 2,919 restricted stock units tied to OneMain Holdings common stock. The award was granted at a price of $0 per share as part of his compensation, rather than through an open-market stock purchase or sale.
When do Michael A. Hedlund’s new OMF RSUs vest?
The 2,919 restricted stock units vest in three equal installments over three years. One-third vests on February 20, 2026, another third on February 19, 2027, and the final third on February 18, 2028, assuming Hedlund remains employed through each vesting date.
Is the OMF Form 4 transaction a stock purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. The Form 4 shows a transaction code “A” for an award of 2,919 restricted stock units at $0 per share, indicating a grant or other acquisition under OneMain’s Amended 2013 Omnibus Incentive Plan.
What plan governs Michael A. Hedlund’s new OMF restricted stock units?
The restricted stock units were granted under the OneMain Holdings, Inc. Amended 2013 Omnibus Incentive Plan. This equity incentive plan provides stock-based awards to employees, and each vested RSU will convert into one share of OneMain Holdings common stock for Hedlund.