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ONITY GROUP INC. — Director's Dealing 2025
Apr 2, 2025
33237_dirs_2025-04-01_410cb83b-238c-4187-88fd-df6e1c21d9be.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ONITY GROUP INC. (ONIT)
CIK: 0000873860
Period of Report: 2025-03-29
Reporting Person: Grunenwald Francois (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-29 | Common Stock | M | 1285 | — | Acquired | 1285 | Direct |
| 2025-03-29 | Common Stock | D | 1285 | — | Disposed | 0 | Direct |
| 2025-03-31 | Common Stock | M | 1182 | — | Acquired | 1182 | Direct |
| 2025-03-31 | Common Stock | D | 1182 | — | Disposed | 0 | Direct |
| 2025-03-31 | Common Stock | M | 3342 | — | Acquired | 3342 | Direct |
| 2025-03-31 | Common Stock | D | 3342 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-29 | Restricted Stock Units | $ | M | 1285 | Disposed | Common Stock (1285) | Direct | |
| 2025-03-31 | Restricted Stock Units | $ | M | 1182 | Disposed | Common Stock (1182) | Direct | |
| 2025-03-31 | Restricted Stock Units | $ | M | 3342 | Disposed | Common Stock (3342) | Direct |
Footnotes
F1: On March 29, 2024, the reporting person was granted 3,855 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 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 1,285 restricted stock units that vested pursuant to the award on March 29, 2025. On March 28, 2025, the last trading day prior to the vesting date, the closing price of ONIT common stock was $31.45.
F2: On March 31, 2022, the reporting person was granted 3,544 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 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 1,182 restricted stock units that vested pursuant to the award on March 31, 2025. On March 31, 2025, the closing price of ONIT common stock was $32.32.
F3: On March 31, 2022, the reporting person was granted 3,544 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Between 0% and 200% of the target number of units were eligible to vest on March 31, 2025 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 periods. 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 3,342 restricted stock units that vested pursuant to the award on March 31, 2025. On March 31, 2025, the closing price of ONIT common stock was $32.32.
F4: Not applicable