Onity Group (ONIT) EVP granted time- and performance-based cash-settled RSUs
Rhea-AI Filing Summary
ONITY GROUP INC. executive Joseph J. Samarias reported routine equity-based compensation activity. On March 15, 2026, 1,638 previously granted restricted stock units vested and were settled in cash based on the ONIT common stock closing price of $37.75 on March 13, 2026.
On the same date, he received two new awards: 3,937 restricted stock units that vest in three equal annual installments starting on March 15, 2027, and 3,938 restricted stock units subject to both performance and time-based vesting, with 0–200% of the target eligible to vest on March 15, 2029 based on relative total shareholder return. Following these transactions, he directly holds 21,763 shares of ONIT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,638 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,937 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,938 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,638 | $0.00 | $0.00 |
| Disposition | Common Stock | 1,638 | $0.00 | $0.00 |
Footnotes (4)
- F1. On March 15, 2025, the reporting person was granted 4,915 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 a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 1,638 restricted stock units that vested pursuant to the award on March 15, 2026. On March 13, 2026, the last trading day prior to the vesting date, the closing price of ONIT common stock was $37.75.
- F2. Not applicable
- F3. On March 15, 2026, the reporting person was granted 3,937 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 a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date.
- F4. On March 15, 2026, the reporting person was granted 3,938 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 period.
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