AI assistant
ONITY GROUP INC. — Director's Dealing 2024
Apr 5, 2024
33237_dirs_2024-04-05_f39be5d7-e33a-42fd-bd26-af15c6837604.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2024-04-03
Reporting Person: Grunenwald Francois (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-03 | Common Stock | M | 1177 | — | Acquired | 1177 | Direct |
| 2024-04-03 | Common Stock | D | 1177 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-03 | Restricted Stock Units | $ | M | 1177 | Disposed | Common Stock (1177) | Direct |
Footnotes
F1: On April 3, 2023, the reporting person was granted 3,532 restricted stock units scheduled to vest in three approximately 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 OCN common stock on the vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 1,177 restricted stock units that vested pursuant to the award on April 3, 2024. On April 3, 2024, the closing price of OCN common stock was $24.84.
F2: Not applicable.