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Onity Group (ONIT) EVP converts 1,754 RSUs; 871 shares withheld for taxes

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

Rhea-AI Filing Summary

Onity Group Inc. executive Richard J. Bradfield exercised equity awards and had shares withheld for taxes. On March 29, 2026, he converted 1,754 restricted stock units into 1,754 shares of common stock at an exercise price of $0.00 per share. To satisfy tax withholding obligations tied to this vesting, 871 common shares were withheld at $37.54 per share, leaving him with 1,766 common shares held directly after the transactions. These events reflect routine compensation-related equity vesting rather than open-market buying or selling.

Positive

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Insider Bradfield Richard J.
Role EVP, Strategic Initiatives
Type Security Shares Price Value
Exercise Restricted Stock Units 1,754 $0.00 --
Exercise Common Stock 1,754 $0.00 --
Tax Withholding Common Stock 871 $37.54 $33K
Holdings After Transaction: Restricted Stock Units — 1,754 shares (Direct); Common Stock — 2,637 shares (Direct)
Footnotes (1)
  1. On March 29, 2024, the reporting person was granted 5,262 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 exercised 1,754 units Restricted stock units converted to common stock on March 29, 2026
Common shares from exercise 1,754 shares Shares received from RSU conversion on March 29, 2026
Shares withheld for taxes 871 shares Tax-withholding disposition at $37.54 per share
Tax withholding price $37.54 per share Valuation used for 871 withheld shares
Shares held after transactions 1,766 shares Direct common stock holdings following March 29, 2026 events
RSU grant size 5,262 units Restricted stock units granted on March 29, 2024, vesting over three years
Exercise price $0.00 per share Conversion price for RSUs into common stock
restricted stock units financial
"the reporting person was granted 5,262 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
"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*
Bradfield Richard J.

(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, Strategic Initiatives
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 Stock03/29/2026M1,754A(1)2,637D
Common Stock03/29/2026F871D(2)$37.541,766D
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)03/29/2026M1,754 (1) (3)Common Stock1,754$01,754D
Explanation of Responses:
1. On March 29, 2024, the reporting person was granted 5,262 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 Richard J. Bradfield03/31/2026
** 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 Richard J. Bradfield report?

Richard J. Bradfield reported the vesting and exercise of 1,754 restricted stock units into 1,754 shares of Onity Group common stock. The event reflects compensation-related equity vesting rather than an open-market purchase or sale of shares.

How many ONIT shares did Bradfield receive and retain after the Form 4 transactions?

Bradfield received 1,754 common shares from vested restricted stock units and had 871 shares withheld for taxes, leaving a direct holding of 1,766 common shares. This net position is disclosed as his total following the reported transactions.

Was the ONIT Form 4 transaction an open-market buy or sell of shares?

No, the Form 4 does not show any open-market buys or sells. It reports an option-like exercise of restricted stock units and a tax-withholding disposition, which are routine equity compensation events rather than discretionary trading in the open market.

Why were 871 ONIT shares withheld in Bradfield’s Form 4 filing?

The 871 shares were withheld under the award’s terms to satisfy tax withholding obligations arising from the vesting of restricted stock units. This tax-withholding disposition is coded as an “F” transaction and is not a typical open-market sale.

What was the price used for the tax-withholding shares in the ONIT filing?

The 871 shares withheld for tax obligations were valued at $37.54 per share. This price is used solely for the withholding transaction and does not represent an open-market trade executed by Bradfield.

How were Bradfield’s restricted stock units in ONIT originally structured?

Bradfield was granted 5,262 restricted stock units on March 29, 2024, scheduled to vest in three equal annual installments. Each unit represents a contingent right to receive one share of common stock upon vesting, subject to continued employment and other conditions.
Onity Group Inc

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WEST PALM BEACH