STOCK TITAN

Onity Group (NYSE: ONIT) EVP gains 7,405 shares, 3,753 withheld for taxes

(Moderate)
(Negative)
Form Type
4

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 Wade Aaron D
Role EVP & Chief Inv. Officer
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
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 15,128 shares (Direct)
Footnotes (3)
  1. 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.
  2. F2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
  3. F3. Not applicable.
RSUs vested 7,405 restricted stock units Restricted stock units scheduled to vest on September 29, 2025
Shares withheld for taxes 3,753 shares Tax-withholding disposition on September 29, 2025
Tax withholding price $40.33 per share Price per share for 3,753 shares withheld to cover tax obligations
Post-transaction holdings 15,128 shares Direct common stock holdings after September 29, 2025 transactions
RSU grant date March 29, 2024 Date 7,405 restricted stock units were granted to Wade Aaron D
Restricted Stock Units financial
"On March 29, 2024, the reporting person was granted 7,405 restricted stock units scheduled to vest."
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.
tax-withholding disposition financial
"Shares withheld pursuant to terms of the award to cover tax withholding obligations."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security recorded for restricted stock units vesting."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
canonical holdings financial
"Canonical holdings show 15,128 shares of common stock held directly after the transactions."

FAQ

What did ONIT's EVP Wade Aaron D report in this insider transaction?

The filing shows EVP & Chief Investment Officer Wade Aaron D had 7,405 restricted stock units vest and convert into common stock on September 29, 2025, with a tax-withholding disposition of 3,753 shares. Afterward he directly owned 15,128 ONITY GROUP INC. shares.

How many restricted stock units vested for ONIT's EVP on September 29, 2025?

On September 29, 2025, ONITY GROUP INC. reported that EVP Wade Aaron D had 7,405 restricted stock units vest, converting into an equal number of common shares. These units were originally granted on March 29, 2024 and scheduled to vest on that later September date.

How many ONIT shares were withheld for taxes in this Form 4?

The Form 4 indicates a tax-withholding disposition of 3,753 shares of ONITY GROUP INC. common stock at a price of $40.33 per share. These shares were withheld under the award terms to cover Wade Aaron D’s tax obligations on the RSU vesting event.

What is Wade Aaron D's direct common stock holding in ONIT after these transactions?

After the September 29, 2025 transactions, canonical holdings data show Wade Aaron D directly owns 15,128 shares of ONITY GROUP INC. common stock. This figure represents his post-transaction position and is reported as a direct ownership entry in the structured holdings information.

When were ONIT restricted stock units granted to Wade Aaron D and when were they scheduled to vest?

The restricted stock units for ONIT’s EVP Wade Aaron D were granted on March 29, 2024 and scheduled to vest on September 29, 2025, subject to continued employment and certain other conditions, as disclosed in the footnotes accompanying the insider transaction report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Wade Aaron D

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

(Street)
WEST PALM BEACH FL 33409

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Inv. Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025
4. 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 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)
Code V Amount (A) or (D) Price
Common Stock 09/29/2025 M 7,405 A (1) 18,881 D
Common Stock 09/29/2025 F 3,753 D(2) $40.33 15,128 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 09/29/2025 M 7,405 (1) (3) Common Stock 7,405 $0 0 D
Explanation of Responses:
1. 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.
2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
3. Not applicable.
/s/ Leah E. Hutton, Attorney-in-Fact for Aaron Wade 10/01/2025
** 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 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.