STOCK TITAN

Onity Group (NYSE: ONIT) EVP nets shares after RSU vesting

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

Rhea-AI Filing Summary

Onity Group Inc. executive Scott William Anderson exercised previously granted restricted stock units into common shares. On March 29, 2026, 3,827 restricted stock units converted into 3,827 shares of common stock at a conversion price of $0.00 per share.

To cover tax withholding obligations tied to this vesting, 1,506 common shares were withheld at $37.54 per share. After these compensation-related transactions, Anderson directly holds 43,265 shares of Onity Group Inc. common stock.

Positive

  • None.

Negative

  • None.
Insider Anderson Scott William
Role EVP & Chief Servicing Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 3,827 $0.00 --
Exercise Common Stock 3,827 $0.00 --
Tax Withholding Common Stock 1,506 $37.54 $57K
Holdings After Transaction: Restricted Stock Units — 3,827 shares (Direct); Common Stock — 44,771 shares (Direct)
Footnotes (1)
  1. On March 29, 2024, the reporting person was granted 11,481 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of common stock on the vesting date. Shares withheld pursuant to terms of the award to cover tax withholding obligations. Not applicable.
RSUs converted 3,827 units/shares Restricted stock units converting to common stock on March 29, 2026 at $0.00
Shares withheld for taxes 1,506 shares at $37.54 Common shares withheld to cover tax obligations under award terms
Post-transaction holdings 43,265 shares Direct common stock ownership after reported Form 4 transactions
Original RSU grant 11,481 units RSUs granted March 29, 2024, vesting in three equal annual installments
Restricted Stock Units financial
"the reporting person was granted 11,481 restricted stock units scheduled to vest"
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.
tax withholding obligations financial
"Shares withheld pursuant to terms of the award to cover tax withholding obligations."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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*
Anderson Scott William

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Servicing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/29/2026
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
Common Stock03/29/2026M3,827A(1)44,771D
Common Stock03/29/2026F1,506D(2)$37.5443,265D
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)03/29/2026M3,827 (1) (3)Common Stock3,827$03,827D
Explanation of Responses:
1. On March 29, 2024, the reporting person was granted 11,481 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of common stock on the vesting date.
2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
3. Not applicable.
/s/ Leah E. Hutton, Attorney-in-Fact for Scott Anderson03/31/2026
** 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 insider transaction did ONIT executive Scott William Anderson report?

Scott William Anderson reported exercising 3,827 restricted stock units into common stock. The units converted at $0.00 per share, reflecting the vesting of prior equity awards rather than an open-market purchase, and increased his direct common stock holdings before tax withholding.

How many Onity Group (ONIT) shares were withheld for taxes in this Form 4?

The filing shows 1,506 shares of Onity Group common stock were withheld. These shares were retained by the company at $37.54 per share to satisfy tax withholding obligations arising from the vesting and conversion of previously granted restricted stock units.

How many Onity Group (ONIT) shares does Scott William Anderson hold after the transaction?

After the reported transactions, Scott William Anderson directly holds 43,265 shares of Onity Group common stock. This figure reflects his position following the RSU conversion into 3,827 shares and the withholding of 1,506 shares to cover related tax obligations.

What restricted stock unit grant underlies Scott William Anderson’s ONIT Form 4 filing?

The filing notes an earlier grant of 11,481 restricted stock units on March 29, 2024. These units are scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant, subject to continued employment and certain other conditions.

Was the ONIT Form 4 transaction an open-market purchase or sale of shares?

The Form 4 reflects an exercise or conversion of restricted stock units and related tax withholding, not an open-market trade. The 3,827 RSUs converted into common stock at $0.00 per share, and 1,506 shares were withheld to satisfy tax obligations under the award terms.