Onity Group (NYSE: ONIT) EVP granted new cash-settled RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ONITY GROUP INC. executive vice president Richard J. Bradfield reported compensation-related equity activity, with no open-market trades in ONIT stock. On March 15, 2026, 2,110 restricted stock units from a 2025 grant vested and were settled in cash based on the $37.75 closing price of ONIT common stock on March 13, 2026. The filing also shows new grants of 5,071 restricted stock units with three-year annual vesting and 5,072 performance-based restricted stock units eligible to vest on March 15, 2029 depending on total shareholder return versus a peer group. Following related internal share movements, Bradfield holds 883 shares of common stock directly, while the newly granted restricted stock units represent cash-settled awards tied to future performance and service conditions.

Insider Trade Summary

2,110 shares exercised/converted

Mixed 5 txns

Insider Bradfield Richard J.

Role EVP, Strategic Initiatives

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,110	$0.00	--
Grant/Award	Restricted Stock Units	5,071	$0.00	--
Grant/Award	Restricted Stock Units	5,072	$0.00	--
Exercise	Common Stock	2,110	$0.00	--
Disposition	Common Stock	2,110	$0.00	--

Holdings After Transaction: Restricted Stock Units — 4,220 shares (Direct); Common Stock — 2,993 shares (Direct)

Footnotes (1)

On March 15, 2025, the reporting person was granted 6,330 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 2,110 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. Not applicable On March 15, 2026, the reporting person was granted 5,071 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. On March 15, 2026, the reporting person was granted 5,072 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.

Form 4 Insider Transactions: What Each Field Means →

03/17/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED 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
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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

33409

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Strategic Initiatives

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/15/2026		M		2,110	A	⁽¹⁾	2,993	D
Common Stock	03/15/2026		D		2,110	D	⁽¹⁾	883	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/15/2026		M			2,110	⁽¹⁾	⁽²⁾	Common Stock	2,110	$0	4,220	D
Restricted Stock Units	⁽³⁾	03/15/2026		A		5,071		⁽³⁾	⁽²⁾	Common Stock	5,071	$0	5,071	D
Restricted Stock Units	⁽⁴⁾	03/15/2026		A		5,072		⁽⁴⁾	⁽²⁾	Common Stock	5,072	$0	5,072	D

Explanation of Responses:

1. On March 15, 2025, the reporting person was granted 6,330 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 2,110 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.

2. Not applicable

3. On March 15, 2026, the reporting person was granted 5,071 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.

4. On March 15, 2026, the reporting person was granted 5,072 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.

	/s/ Leah E. Hutton, Attorney-in-Fact for Richard J. Bradfield	03/17/2026
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ONIT executive Richard Bradfield report on this Form 4?

Richard Bradfield reported vesting and cash settlement of 2,110 previously granted restricted stock units and received two new restricted stock unit awards of 5,071 and 5,072 units. All events were compensation-related, with no open-market purchases or sales of ONITY GROUP INC. common stock disclosed.

How were Richard Bradfield's vested restricted stock units in ONIT settled?

The 2,110 restricted stock units that vested for Richard Bradfield on March 15, 2026 were settled in cash. Each unit paid an amount equal to the closing price of one ONIT common share, using the March 13, 2026 closing price of $37.75 per share to determine the cash payout.

What new restricted stock unit grants did ONIT award to Richard Bradfield?

On March 15, 2026, Richard Bradfield was granted 5,071 restricted stock units vesting in three equal annual installments and 5,072 performance-based restricted stock units. The performance-based units may vest on March 15, 2029, with 0% to 200% of the target eligible based on relative total shareholder return.

Are Richard Bradfield's ONIT restricted stock units settled in stock or cash?

The restricted stock units reported for Richard Bradfield are cash-settled awards. Each 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, rather than delivering actual ONIT shares at settlement.

How many ONITY GROUP INC. common shares does Richard Bradfield hold after these transactions?

After the March 15, 2026 transactions, Richard Bradfield directly holds 883 shares of ONITY GROUP INC. common stock. In addition, he holds newly granted cash-settled restricted stock units that may pay out in cash in future years, subject to time-based and performance-based vesting conditions.

Did the ONIT Form 4 show any open-market stock sales or purchases by Richard Bradfield?

The Form 4 does not show any open-market purchases or sales by Richard Bradfield. Reported activity consists of vesting and cash settlement of existing restricted stock units, an internal disposition of shares to the issuer, and new restricted stock unit grants as part of his compensation package.