STOCK TITAN

ONITY GROUP (NYSE: ONIT) director receives grant of 3,627 restricted stock units

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

Rhea-AI Filing Summary

MORRIS DAWN C reported acquisition or exercise transactions in this Form 4 filing.

ONITY GROUP INC. director Dawn C. Morris received a grant of 3,627 restricted stock units, each representing one share of common stock for no additional cost. The RSUs vest on May 19, 2027, contingent on her continued board service, with shares deliverable six months after her service ends.

Positive

  • None.

Negative

  • None.
Insider MORRIS DAWN C
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
Post-transaction RSU holdings 3,627 units Total restricted stock units held directly after grant
Vesting date May 19, 2027 RSUs vest subject to continued service as director
Settlement timing Six months after termination Underlying shares settle six months after director’s service ends
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.
RSUs financial
"for no additional consideration (RSUs). The RSUs will vest May 19, 2027"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"restricted stock units representing a contingent right to receive one share of common stock"
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*
MORRIS DAWN C

(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 Dawn C. Morris05/21/2026
** 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 did ONIT director Dawn C. Morris report in this Form 4?

Dawn C. Morris reported receiving 3,627 restricted stock units in ONITY GROUP INC. This equity award represents the right to receive 3,627 common shares at no cost, subject to future vesting and settlement conditions tied to her board service.

How many ONITY GROUP INC. RSUs were granted to Dawn C. Morris?

She was granted 3,627 restricted stock units. Each RSU corresponds to one share of ONITY GROUP INC. common stock, providing equity-based compensation that aligns her interests with shareholders, subject to vesting and later share settlement terms.

When do the ONIT RSUs granted to Dawn C. Morris vest?

The 3,627 restricted stock units will vest on May 19, 2027. Vesting depends on conditions related to her continued service as a director, meaning she generally must remain on the board through that date for the RSUs to vest.

When will shares from Dawn C. Morris’s ONIT RSUs be delivered?

The underlying shares will be settleable on the six-month anniversary of her termination of service as a director. This means share delivery is deferred until after she leaves the board and an additional six months have passed.

Did Dawn C. Morris buy or sell ONIT shares in the market?

She did not buy or sell ONITY GROUP INC. shares in the market. The Form 4 reports a grant of 3,627 restricted stock units as an award, not an open-market purchase or sale transaction involving cash consideration.

What is Dawn C. Morris’s ONIT RSU balance after this transaction?

Following this transaction, Dawn C. Morris holds 3,627 restricted stock units directly. These units represent a contingent right to receive 3,627 ONITY GROUP INC. common shares once the vesting date and subsequent settlement conditions are satisfied.