STOCK TITAN

ONITY Group (NYSE: ONIT) director receives 3,627 RSUs in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Busquet Jacques J reported acquisition or exercise transactions in this Form 4 filing.

ONITY GROUP INC. director Jacques J. Busquet received an equity award in the form of restricted stock units (RSUs). He was granted 3,627 RSUs representing the right to receive one share of common stock per unit for no additional cost. These RSUs will vest on May 19, 2027, if he continues to meet service conditions as a director. After this grant, his direct holdings total 51,825 shares of common stock, including 3,188 RSUs scheduled to vest on May 21, 2026 and 1,000 shares held jointly with his spouse.

Positive

  • None.

Negative

  • None.
Insider Busquet Jacques J
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,627 $0.00 --
Holdings After Transaction: Common Stock — 51,825 shares (Direct, null)
Footnotes (1)
  1. Consists of restricted stock units representing a contingent right to receive one share of common stock for no additional consideration (RSUs). The RSUs will vest May 19, 2027, subject to certain conditions relating to the reporting person's service as a director of the issuer. Includes shares underlying 3,188 RSUs which will vest May 21, 2026 and 1,000 shares held jointly with spouse.
RSUs granted 3,627 RSUs Equity award to director on May 19, 2026
Vesting date for new RSUs May 19, 2027 Vest date for 3,627 RSUs
Shares after transaction 51,825 shares Total direct holdings following grant
Existing RSUs 3,188 RSUs RSUs vesting May 21, 2026
Jointly held shares 1,000 shares Held jointly with spouse
Grant price per share $0.0000 per share No cash consideration for RSU grant
restricted stock units financial
"Consists of restricted stock units representing a contingent right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Includes shares underlying 3,188 RSUs which will vest May 21, 2026"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"representing a contingent right to receive one share of common stock for no additional consideration"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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).
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*
Busquet Jacques J

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

(Street)
WEST PALM BEACH FLORIDA 33409

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A3,627(1)A$051,825(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of restricted stock units representing a contingent right to receive one share of common stock for no additional consideration (RSUs). The RSUs will vest May 19, 2027, subject to certain conditions relating to the reporting person's service as a director of the issuer.
2. Includes shares underlying 3,188 RSUs which will vest May 21, 2026 and 1,000 shares held jointly with spouse.
/s/ Leah E. Hutton, Attorney-in-Fact for Jacques J. Busquet05/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ONIT director Jacques J. Busquet report?

Jacques J. Busquet reported receiving 3,627 restricted stock units (RSUs) of ONITY GROUP INC. common stock. These RSUs are a share-based compensation award, not an open-market stock purchase or sale, and convert into shares if vesting conditions are satisfied.

When do the newly granted ONIT restricted stock units vest?

The 3,627 newly granted ONITY GROUP INC. RSUs vest on May 19, 2027. Vesting is subject to conditions tied to Jacques J. Busquet’s continued service as a director, meaning he must remain in his role for the units to settle into shares.

How many ONIT shares does Jacques J. Busquet hold after this Form 4?

Following the grant, Jacques J. Busquet holds 51,825 ONITY GROUP INC. common shares directly. This total includes 3,188 RSUs vesting May 21, 2026 and 1,000 shares held jointly with his spouse, as described in the Form 4 footnotes.

Is the ONIT Form 4 transaction a stock purchase or sale?

The ONITY GROUP INC. Form 4 shows a grant of 3,627 RSUs, coded as an acquisition (A). This is a compensation-related award with no cash paid per share, rather than an open-market purchase or sale of common stock by the director.

How are the ONIT RSUs described in Jacques J. Busquet’s filing?

The RSUs are described as restricted stock units representing a contingent right to receive one share of ONITY GROUP INC. common stock for no additional consideration. They convert into shares only if the vesting and service conditions are met by the specified vesting dates.