[Form 4] ONITY GROUP INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Onity Group EVP & Chief Investment Officer Wade Aaron reported routine compensation-related equity activity. On March 15, 2026, 1,861 previously granted restricted stock units vested and were settled in cash, based on the $37.75 closing price of ONIT common stock on March 13, 2026.
He was also granted 6,563 time-based restricted stock units vesting in three equal annual installments starting on March 15, 2027, and another 6,563 performance-based restricted stock units that can vest between 0% and 200% of target on March 15, 2029 depending on absolute total shareholder return versus a peer group. After these transactions, he directly holds 15,128 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,861 shares exercised/converted
Mixed
5 txns
Insider
Wade Aaron D
Role
EVP & Chief Inv. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,861 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,563 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,563 | $0.00 | -- |
| Exercise | Common Stock | 1,861 | $0.00 | -- |
| Disposition | Common Stock | 1,861 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,724 shares (Direct);
Common Stock — 16,989 shares (Direct)
Footnotes (1)
- On March 15, 2025, the reporting person was granted 5,585 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 1,861 restricted stock units that vested pursuant to the award on March 15, 2026. On March 13, 2026, the last trading day prior to the vesting date, the closing price of ONIT common stock was $37.75. Not applicable On March 15, 2026, the reporting person was granted 6,563 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. On March 15, 2026, the reporting person was granted 6,563 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. Between 0% and 200% of the target number of units will be eligible to vest on March 15, 2029 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.