ONITY Group officer exercises RSUs, shares withheld for tax
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Rhea-AI Filing Summary
ONITY GROUP INC. Chief Risk & Compliance officer Jenna D. Evans exercised restricted stock units that vested into common shares. She acquired 1,435 shares of common stock through the conversion of previously granted restricted stock units.
Of these shares, 624 were withheld at a price of $37.54 per share to cover tax withholding obligations, leaving a net increase of 811 shares. Following these routine compensation-related transactions, Evans directly holds 4,339 shares of ONITY GROUP INC. common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,435 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,435 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 624 | $37.54 | $23K |
Footnotes (3)
- F1. On March 29, 2024, the reporting person was granted 4,305 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.
- F2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- F3. Not applicable.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right to receive financial
tax withholding obligations financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ONITY GROUP INC. (ONIT) report for Jenna D. Evans?
What is the background of the restricted stock units in this ONIT Form 4?
Is the ONITY GROUP INC. (ONIT) Form 4 a market sale by Jenna D. Evans?
AI-generated analysis. How Rhea-AI works. Not financial advice.