Onity Group (ONIT) CEO granted new RSUs and covers taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Onity Group Inc. President & CEO Glen A. Messina reported compensation-related equity activity centered on restricted stock units. He exercised 22,341 RSUs granted in 2025 into the same number of common shares, with 8,791 shares withheld at $37.75 per share to cover tax obligations.
Following these transactions, he holds 379,328 shares of common stock directly, including 23,554 shares held jointly with his spouse. On March 15, 2026 he also received two new RSU awards of 53,699 units each, one time-based and one performance-based, which will vest over future years if conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,341 shares exercised/converted
Mixed
5 txns
Insider
Messina Glen A.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,341 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 53,699 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 53,699 | $0.00 | -- |
| Exercise | Common Stock | 22,341 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,791 | $37.75 | $332K |
Holdings After Transaction:
Restricted Stock Units — 44,683 shares (Direct);
Common Stock — 388,119 shares (Direct)
Footnotes (1)
- On March 15, 2025, the reporting person was granted 67,024 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 one share of ONIT common stock on the applicable vesting date. Includes 23,554 shares held jointly with spouse. Shares withheld pursuant to terms of the award to cover tax withholding obligations. Not applicable. On March 15, 2026, the reporting person was granted53,699 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 one share of ONIT common stock on the applicable vesting date. On March 15, 2026, the reporting person was granted 53,699 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.
FAQ
What equity transactions did Onity Group (ONIT) CEO Glen Messina report?
Glen A. Messina reported exercising 22,341 restricted stock units into common shares and having 8,791 shares withheld at $37.75 to cover taxes. He also received two new grants of 53,699 RSUs each, tied to future time-based and performance conditions.
Were Glen Messina’s Onity Group (ONIT) transactions open-market buys or sells?
None of the reported transactions were open-market buys or sells. The filing shows an RSU vesting and option-like exercise, shares withheld for tax obligations, and new RSU grants. These are compensation and tax events rather than discretionary market purchases or sales.
What new restricted stock units did the Onity Group (ONIT) CEO receive?
On March 15, 2026, Glen A. Messina received two awards of 53,699 restricted stock units each. One award vests in three annual installments, while the other is performance-based and can pay out between 0% and 200% of target in 2029, subject to shareholder return metrics.
How were taxes handled on the CEO’s vested Onity Group (ONIT) RSUs?
To cover tax obligations from the RSU vesting, 8,791 shares of Onity Group common stock were withheld at $37.75 per share. The footnotes state this withholding followed the award’s terms, making it a non-market disposition rather than a voluntary sale on an exchange.