STOCK TITAN

ONITY Group (ONIT) director receives 3,627 restricted stock units as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Welborn Robert S. reported acquisition or exercise transactions in this Form 4 filing.

ONITY GROUP INC. director Robert S. Welborn received a grant of 3,627 restricted stock units, each representing a right to one share of common stock at no cost. These RSUs will vest on May 19, 2027, if he continues to meet service conditions as a director.

After vesting, the underlying shares will become deliverable on the six-month anniversary of his termination of service as a director. Following this grant, Welborn’s reported derivative holdings from this award total 3,627 restricted stock units directly owned.

Positive

  • None.

Negative

  • None.
Insider Welborn Robert S.
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 3,627 $0.00 --
Holdings After Transaction: Restricted Stock Units — 3,627 shares (Direct, null)
Footnotes (1)
  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, and the underlying shares will be settleable on the six-month anniversary of the director's termination of service. Not applicable.
RSUs granted 3,627 units Restricted stock units awarded to director on May 19, 2026
Shares underlying RSUs 3,627 shares Common stock deliverable for RSUs, one share per unit
Holdings after grant 3,627 RSUs Total derivative holdings from this award following transaction
Vesting date May 19, 2027 RSUs vest subject to director service conditions
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.
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 relating to the reporting person's service"
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.
settleable financial
"the underlying shares will be settleable on the six-month anniversary of the director's termination of service"
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Welborn Robert S.

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

(Street)
WEST PALM BEACH FLORIDA 33409

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/19/2026A3,627 (1) (2)Common Stock3,627$03,627D
Explanation of Responses:
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, and the underlying shares will be settleable on the six-month anniversary of the director's termination of service.
2. Not applicable.
/s/ Leah E. Hutton, Attorney-in-Fact for Robert S. Welborn05/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ONIT director Robert S. Welborn report?

Robert S. Welborn reported receiving a grant of 3,627 restricted stock units. Each unit represents a right to one share of ONITY GROUP INC. common stock for no additional consideration, awarded as director compensation in the form of equity rather than cash.

How many ONIT restricted stock units were granted to Robert S. Welborn?

He was granted 3,627 restricted stock units. These units are contingent rights to receive an equal number of ONITY GROUP INC. common shares, subject to vesting conditions tied to his continued service on the company’s board of directors until the specified vesting date.

When do Robert S. Welborn’s ONIT restricted stock units vest?

The restricted stock units vest on May 19, 2027. Vesting is subject to certain conditions related to Welborn’s continued service as a director of ONITY GROUP INC., meaning he must remain in that role through the vesting date for the award to fully vest.

When will the ONIT shares underlying these RSUs be delivered?

The common shares underlying the RSUs will be settleable on the six-month anniversary of Welborn’s termination of service as a director. This means actual share delivery is deferred until six months after his board service ends, rather than immediately upon vesting.

Is this ONIT Form 4 transaction an open-market buy or sale?

No, this Form 4 reports an equity award, not an open-market trade. The transaction code is “A,” indicating a grant or award acquisition of restricted stock units provided as compensation, with no purchase price paid and no shares sold in the market.