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[Form 3] ONITY GROUP INC. Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

ONITY GROUP INC. (ONIT) filed a Form 3 disclosing that Robert S. Welborn became a Director and, as of the reported event date 10/01/2025, did not own any securities of the issuer. The filing was made by one reporting person and signed on behalf of Mr. Welborn by an attorney-in-fact (Leah E. Hutton) on 10/03/2025. The submission references Exhibit 24 for the Power of Attorney. This Form 3 serves as the initial statement of beneficial ownership and confirms there were no non-derivative or derivative holdings to report at the time the director role was assumed.

Positive

  • Director appointment recorded for Robert S. Welborn on 10/01/2025
  • Form 3 filed indicating compliance with Section 16(a) reporting requirements

Negative

  • No securities beneficially owned at the time the reporting person became a director
  • Reporting executed by attorney-in-fact (signed by Leah E. Hutton) rather than by the reporting person
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Welborn Robert S.

(Last) (First) (Middle)
1661 WORTHINGTON ROAD,
SUITE 100

(Street)
WEST PALM BEACH FL 33409

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2025
3. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
See Exhibit 24 - Power of Attorney. The reporting person did not own any securities of the issuer at the time that the reporting person became a director of the issuer.
No securities are beneficially owned.
/s/ Leah E. Hutton, Attorney-in-Fact for Robert S. Welborn 10/03/2025
** 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 5 (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

Who filed the Form 3 for ONITY GROUP INC. (ONIT)?

The Form 3 was filed on behalf of Robert S. Welborn (reporting person) and signed by attorney-in-fact Leah E. Hutton on 10/03/2025.

What date triggered the Form 3 filing for ONIT?

The event date requiring the Form 3 was 10/01/2025.

Does Robert S. Welborn own any ONIT securities according to the filing?

No. The filing states that no securities are beneficially owned by the reporting person when becoming a director.

Was the filing submitted by multiple reporting persons?

No. The Form indicates it was filed by one reporting person.

Is there a Power of Attorney referenced in the Form 3?

Yes. The filing references Exhibit 24 for the Power of Attorney authorizing the attorney-in-fact.
Onity Group Inc

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United States
WEST PALM BEACH