Onity Group (ONIT) director receives 3,627 RSUs equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bowers Alan J reported acquisition or exercise transactions in this Form 4 filing.
Onity Group Inc. director Alan J. Bowers reported receiving an equity compensation award. He was granted 3,627 restricted stock units (RSUs) representing a right to receive one share of common stock per unit for no additional payment. These RSUs vest on May 19, 2027, subject to his continued service as a director. Following this grant, he holds 42,992 shares of common stock, including 3,188 RSUs scheduled to vest on May 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bowers Alan J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,627 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,992 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs granted: 3,627 RSUs
Grant price per share: $0.0000 per share
Total shares after transaction: 42,992 shares
+2 more
5 metrics
RSUs granted
3,627 RSUs
Equity award to director on May 19, 2026
Grant price per share
$0.0000 per share
Consideration for RSU award
Total shares after transaction
42,992 shares
Holdings following RSU grant
Existing RSUs
3,188 RSUs
RSUs scheduled to vest May 21, 2026
New RSU vesting date
May 19, 2027
Vesting date for 3,627 granted RSUs
Key Terms
restricted stock units, RSUs, contingent right, vest
4 terms
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"
vest financial
"The RSUs will vest May 19, 2027, subject to certain conditions"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Onity Group (ONIT) director Alan J. Bowers report on this Form 4?
Alan J. Bowers reported receiving a grant of 3,627 restricted stock units (RSUs). Each RSU represents a right to one share of Onity Group common stock for no additional consideration, subject to vesting conditions tied to his continued service as a director.
When do Alan J. Bowers’ new Onity Group (ONIT) RSUs vest?
The 3,627 RSUs granted to Alan J. Bowers will vest on May 19, 2027. Vesting is contingent on certain conditions related to his continued service as a director of Onity Group through that date, as described in the Form 4 footnotes.
Was the Onity Group (ONIT) Form 4 transaction an open-market stock purchase?
No. The Form 4 shows a grant coded as “A,” indicating an award or other acquisition, not an open-market purchase. The RSUs were granted at a price of $0.0000 per share as part of equity compensation, subject to future vesting conditions.
What are restricted stock units (RSUs) in the Onity Group (ONIT) filing?
The filing describes RSUs as a contingent right to receive one share of Onity Group common stock for no additional consideration. These units convert into actual shares only when specified vesting conditions, such as continued service as a director until certain dates, are satisfied.