ONIT EVP exercises RSUs, 3,869 shares for taxes
ONITY GROUP INC. executive Wade Aaron D, EVP & Chief Investment Officer, exercised restricted stock units into common shares on April 3, 2026.
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Rhea-AI Filing Summary
ONITY GROUP INC. executive Wade Aaron D, EVP & Chief Investment Officer, exercised restricted stock units into common shares on April 3, 2026. He acquired 7,605 shares of common stock through RSU vesting and exercises, and 3,869 shares were withheld at $39.67 per share to cover tax obligations. Following these compensation-related transactions, he directly holds 19,874 shares of ONIT common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,852 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,753 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,852 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,977 | $39.67 | $118K |
| Exercise | Common Stock | 1,753 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 892 | $39.67 | $35K |
Footnotes (5)
- F1. On April 3, 2023, the reporting person was granted 5,259 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. 5,852 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 5,259 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
Key Terms
Restricted Stock Units financial
peer group financial
tax withholding obligations financial
contingent right financial
FAQ
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What insider transaction did ONIT EVP Wade Aaron D report on this Form 4?
What performance conditions affected Wade Aaron D’s ONIT RSU vesting?
How were Wade Aaron D’s ONIT RSUs structured before vesting?
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