Onity Group (ONIT) director receives 3,627 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEIN KEVIN reported acquisition or exercise transactions in this Form 4 filing.
Onity Group Inc. director Kevin Stein reported new equity compensation and updated holdings. He received 3,627 restricted stock units, each representing one share of common stock for no cash payment. These RSUs will vest on May 19, 2027, subject to conditions tied to his service as a director.
After this grant, Stein holds 6,815 shares of common stock directly and 34,014 shares indirectly through The Kevin Stein Rev Living Trust U/A 4/30/19, where he and Robin Stein are trustees. The indirect holdings include 3,188 RSUs scheduled to vest on May 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STEIN KEVIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,627 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,815 shares (Direct, null);
Common Stock — 34,014 shares (Indirect, By trust)
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. These securities are held by The Kevin Stein Rev Living Trust U/A 4/30/19 of which Kevin and Robin Stein are the trustees.
Key Figures
RSUs granted: 3,627 units
Grant price: $0.0000 per share
Direct holdings after grant: 6,815 shares
+2 more
5 metrics
RSUs granted
3,627 units
Restricted stock units granted to director Kevin Stein, vesting May 19, 2027
Grant price
$0.0000 per share
RSU award granted for no additional consideration
Direct holdings after grant
6,815 shares
Onity common stock directly held by Kevin Stein following the RSU award
Indirect trust holdings
34,014 shares
Shares held by The Kevin Stein Rev Living Trust U/A 4/30/19
Previously granted RSUs
3,188 units
RSUs included in holdings that will vest on May 21, 2026
Key Terms
restricted stock units, RSUs, Rev Living Trust
3 terms
restricted stock units financial
"Consists of restricted stock units representing a contingent right to receive one share of common stock for no additional consideration (RSUs)."
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.
Rev Living Trust financial
"These securities are held by The Kevin Stein Rev Living Trust U/A 4/30/19 of which Kevin and Robin Stein are the trustees."
FAQ
What did Kevin Stein report in his ONIT Form 4 filing?
Kevin Stein reported a grant of 3,627 restricted stock units in Onity Group Inc. The award is part of his director compensation and increases his direct and indirect equity exposure to the company’s common stock.
How many restricted stock units did ONIT director Kevin Stein receive and when do they vest?
Kevin Stein received 3,627 restricted stock units that vest on May 19, 2027. Vesting is contingent on conditions related to his continued service as a director of Onity Group Inc., aligning compensation with board tenure.
What future vesting events are disclosed for Kevin Stein’s ONIT equity awards?
The filing discloses 3,627 RSUs vesting on May 19, 2027, from the new grant. It also notes 3,188 RSUs included in his indirect holdings that are scheduled to vest on May 21, 2026, adding future stock delivery milestones.