ONITY director granted 3,627 restricted stock units
Welborn Robert S. reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,627 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Not applicable.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest financial
settleable financial
FAQ
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What insider transaction did ONIT director Robert S. Welborn report?
How many ONIT restricted stock units were granted to Robert S. Welborn?
When do Robert S. Welborn’s ONIT restricted stock units vest?
Is this ONIT Form 4 transaction an open-market buy or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.