Onity EVP exercises 15,212 RSUs, boosts holdings
Onity Group EVP & Chief Admin Officer Dennis Zeleny reported routine equity compensation activity involving restricted stock units (RSUs).
Rhea-AI Filing Summary
Onity Group EVP & Chief Admin Officer Dennis Zeleny reported routine equity compensation activity involving restricted stock units (RSUs). On April 3, 2026, 11,706 performance-based RSUs and 3,506 time-based RSUs converted into the same number of common shares, for a total of 15,212 shares acquired.
To cover tax obligations, 5,986 common shares were withheld at a price of $39.67 per share, rather than sold on the open market. After these vesting and tax-withholding entries, Zeleny directly holds 38,233 shares of Onity Group common stock, reflecting a net increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,212 shares exercised/converted
Exercise
6 txns
Insider
ZELENY DENNIS
Role
EVP & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,706 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,506 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,706 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,606 | $39.67 | $183K |
| Exercise | Common Stock | 3,506 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,380 | $39.67 | $55K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 38,233 shares (Direct)
Footnotes (5)
- F1. On April 3, 2023, the reporting person was granted 10,519 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units would be eligible to vest on April 3, 2026 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods. 11,706 restricted stock units vested pursuant to the award on April 3, 2026.
- F2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- F3. On April 3, 2023, the reporting person was granted 10,518 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions.
- F4. Each restricted stock unit represents a contingent right to receive one share of ONIT common stock on the vesting date.
- F5. Not applicable.
Key Figures
Performance-based RSUs vested: 11,706 units
Time-based RSUs vested: 3,506 units
Total shares acquired from RSUs: 15,212 shares
+5 more
8 metrics
Performance-based RSUs vested
11,706 units
Vested on April 3, 2026 from 2023 grant
Time-based RSUs vested
3,506 units
Vested April 3, 2026 from three-year schedule
Total shares acquired from RSUs
15,212 shares
Common stock received upon RSU conversion
Shares withheld for taxes
5,986 shares
Withheld under award terms for tax obligations
Tax withholding price
$39.67 per share
Applied to 5,986 withheld shares
Shares owned after transactions
38,233 shares
Direct ownership after April 3, 2026 entries
Performance RSU target grant
10,519 units
Original target granted April 3, 2023
Time-based RSU grant
10,518 units
Granted April 3, 2023 in three annual installments
Key Terms
Restricted Stock Units, performance-based condition, time-based vesting schedule, absolute total shareholder return, +2 more
6 terms
Restricted Stock Units financial
"the reporting person was granted 10,519 restricted stock units subject to both a performance-based condition"
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.
performance-based condition financial
"granted 10,519 restricted stock units subject to both a performance-based condition and a time-based vesting schedule"
time-based vesting schedule financial
"10,519 restricted stock units subject to both a performance-based condition and a time-based vesting schedule"
peer group financial
"compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods"
tax withholding obligations financial
"Shares withheld pursuant to terms of the award to cover tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ONIT executive Dennis Zeleny report in this Form 4?
Dennis Zeleny reported RSU vesting that converted into common shares. A total of 15,212 shares were acquired from performance-based and time-based RSUs, with a portion withheld to cover tax obligations, resulting in a higher direct shareholding.
How many ONIT RSUs vested for Dennis Zeleny in this filing?
A total of 15,212 RSUs vested for Dennis Zeleny. This included 11,706 performance-based RSUs tied to total shareholder return and 3,506 time-based RSUs from a three-year vesting schedule, each unit delivering one share of common stock.
What performance conditions affected ONIT RSUs that vested for Zeleny?
The performance-based RSUs were tied to absolute total shareholder return. Between 0% and 200% of a 10,519-unit target could vest based on Onity’s ranking versus a pre-established peer group, resulting in 11,706 units vesting on April 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
