Onity Group CEO gains shares from RSU vesting
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Rhea-AI Filing Summary
ONITY GROUP INC. President and CEO Glen A. Messina reported the vesting and settlement of restricted stock units into common stock. On April 3, 2026, 78,043 performance-based restricted stock units and 23,376 time-based restricted stock units were converted into common shares.
To satisfy tax obligations tied to these awards, 30,710 shares and 9,198 shares of common stock were withheld at a price of $39.67 per share. After these transactions, Messina directly owns 456,313 shares of ONIT common stock, which includes 23,554 shares held jointly with his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 78,043 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 23,376 | $0.00 | $0.00 |
| Exercise | Common Stock | 78,043 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 30,710 | $39.67 | $1.22M |
| Exercise | Common Stock | 23,376 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,198 | $39.67 | $365K |
Footnotes (6)
- F1. On April 3, 2023, the reporting person was granted 70,126 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. 78,043 restricted stock units vested pursuant to the award on April 3, 2026.
- F2. Includes 23,554 shares held jointly with spouse.
- F3. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- F4. On April 3, 2023, the reporting person was granted 70,126 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.
- F5. Each restricted stock unit represents a contingent right to receive one share of ONIT common stock on the vesting date.
- F6. Not applicable.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based condition financial
peer group financial
tax withholding obligations financial
contingent right financial
FAQ
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What did ONIT CEO Glen A. Messina report in this Form 4?
How many performance-based RSUs vested for ONIT CEO Messina?
What time-based RSU award vested for ONIT CEO Glen Messina?
How were ONIT performance-based RSUs structured for Glen Messina?
AI-generated analysis. How Rhea-AI works. Not financial advice.