Onity Group (NYSE: ONIT) EVP gains 7,405 shares, 3,753 withheld for taxes
Rhea-AI Filing Summary
ONITY GROUP INC. EVP & Chief Investment Officer Wade Aaron D reported the vesting and conversion of 7,405 restricted stock units into an equal number of common shares on September 29, 2025. On the same date, 3,753 shares of common stock were withheld to cover tax obligations. After these transactions, he directly owned 15,128 shares of ONITY common stock.
Positive
- None.
Negative
- None.
Insights
Routine executive equity vesting with partial share withholding for taxes; immaterial to company capital structure.
This filing records the scheduled vesting of 7,405 RSUs for EVP Aaron Wade and the withholding of 3,753 shares to cover taxes at a price shown as $40.33 per share. The net effect reduced the reporting person’s direct beneficial ownership from 18,881 to 15,128 shares. The transactions are compensation-related and do not indicate new purchases or sales by the executive beyond tax-related withholding. For investors, this is a standard insider compensation event without disclosed proceeds or extraordinary terms.
Standard equity compensation vest and tax withholding; governance implications are routine and administrative.
The Form 4 shows a previously granted RSU award vesting per its schedule and subsequent share withholding to satisfy tax obligations. The disclosure identifies the reporting person as an officer (EVP & Chief Investment Officer) and provides clear explanations for the tax-withholding mechanics. There are no indications of accelerated vesting, change-in-control triggers, or departures. This is a routine reporting of compensation-related ownership change under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,405 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,405 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,753 | $40.33 | $151K |
Footnotes (3)
- F1. On March 29, 2024, the reporting person was granted 7,405 restricted stock units scheduled to vest on September 29, 2025 subject to continued employment and certain other conditions.
- F2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- F3. Not applicable.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative security financial
canonical holdings financial
FAQ
What did ONIT's EVP Wade Aaron D report in this insider transaction?
How many restricted stock units vested for ONIT's EVP on September 29, 2025?
What is Wade Aaron D's direct common stock holding in ONIT after these transactions?
When were ONIT restricted stock units granted to Wade Aaron D and when were they scheduled to vest?
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