Onity Group (ONIT) CAO receives time- and performance-based RSU grants

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Form Type

Rhea-AI Filing Summary

Wessel Aulene reported acquisition or exercise transactions in this Form 4 filing.

Onity Group Inc. Chief Accounting Officer Aulene Wessel received two grants of 2,983 restricted stock units on March 15, 2026. One grant vests in three equal annual installments on the first, second, and third anniversaries of the grant, subject to continued employment and other conditions.

The second grant of 2,983 units has both performance and time-based conditions, with between 0% and 200% of the target units eligible to vest on March 15, 2029 based on the company’s absolute total shareholder return versus a peer group. Each unit represents a contingent right to a cash payment equal to the closing price of one ONIT share on the applicable vesting date, rather than delivery of stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wessel Aulene

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,983	$0.00	--
Grant/Award	Restricted Stock Units	2,983	$0.00	--

Holdings After Transaction: Restricted Stock Units — 2,983 shares (Direct)

Footnotes (1)

On March 15, 2026, the reporting person was granted 2,983 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. Not applicable On March 15, 2026, the reporting person was granted 2,983 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 periods.

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

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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^*

Wessel Aulene

(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)
	Chief Accounting Officer

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)

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		A		2,983		⁽¹⁾	⁽²⁾	Common Stock	2,983	$0	2,983	D
Restricted Stock Units	⁽³⁾	03/15/2026		A		2,983		⁽³⁾	⁽²⁾	Common Stock	2,983	$0	2,983	D

Explanation of Responses:

1. On March 15, 2026, the reporting person was granted 2,983 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.

2. Not applicable

3. On March 15, 2026, the reporting person was granted 2,983 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 periods.

	/s/ Leah E. Hutton, Attorney-in-Fact for Aulene Wessel	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 did ONITY GROUP INC. (ONIT) executive Wessel Aulene report on this Form 4?

Wessel Aulene reported receiving two grants of 2,983 restricted stock units each as compensation. These units are tied to ONIT’s common stock value and will vest over time, subject to continued employment and, for one grant, performance conditions.

What is the vesting schedule for Wessel Aulene’s time-based restricted stock units at ONIT?

One grant of 2,983 restricted stock units vests in three equal annual installments on the first, second, and third anniversaries of March 15, 2026. Vesting requires continued employment and satisfaction of certain additional conditions set by ONITY GROUP INC.

How are Wessel Aulene’s performance-based restricted stock units at ONIT structured?

A second grant of 2,983 restricted stock units is subject to both performance and time-based vesting. Between 0% and 200% of the target units may vest on March 15, 2029, depending on ONIT’s absolute total shareholder return versus a defined peer group.

Do Wessel Aulene’s restricted stock units at ONITY GROUP INC. settle in stock or cash?

Each restricted stock unit represents a contingent right to receive a cash payment. The cash equals the closing price of one share of ONIT common stock on the applicable vesting date, so no shares are directly delivered upon vesting under these awards.

Did Wessel Aulene buy or sell ONIT common stock in this Form 4 filing?

The Form 4 reflects compensation-related grants coded as “A” for awards, not open-market trades. Wessel Aulene did not report buying or selling ONIT shares, only receiving restricted stock unit awards that may pay cash in the future upon vesting.

When could Wessel Aulene’s performance-based ONIT units potentially vest?

The performance-based restricted stock units are scheduled to be evaluated and potentially vest on March 15, 2029. Vesting depends on ONITY GROUP INC.’s absolute total shareholder return ranking versus companies in a pre-established peer group at designated measurement periods.