ONITY Group (ONIT) risk chief gets new time- and performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONITY GROUP INC. reported compensation-related equity activity for Chief Risk & Compliance Officer Jenna D. Evans. On March 15, 2026, 1,117 restricted stock units vested and were settled in cash based on a closing share price of $37.75. She also received new grants of 2,863 time-based RSUs and 2,864 performance-based RSUs, which may vest over future years subject to employment and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,117 shares exercised/converted
Mixed
5 txns
Insider
Evans Jenna D.
Role
Chief Risk & Compliance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,117 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,863 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,864 | $0.00 | -- |
| Exercise | Common Stock | 1,117 | $0.00 | -- |
| Disposition | Common Stock | 1,117 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,234 shares (Direct);
Common Stock — 4,645 shares (Direct)
Footnotes (1)
- On March 15, 2025, the reporting person was granted 3,351 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 1,117 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 2,863 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 2,864 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.
FAQ
What insider transactions did ONITY Group (ONIT) report for Jenna D. Evans?
ONITY Group reported that Chief Risk & Compliance Officer Jenna D. Evans had 1,117 restricted stock units vest and settle in cash, and received new grants of 2,863 time-based and 2,864 performance-based RSUs, all dated March 15, 2026.
How were Jenna Evans’ vested restricted stock units at ONITY Group (ONIT) settled?
The 1,117 vested restricted stock units for Jenna D. Evans were settled in cash. Each unit entitled her to a cash payment equal to the closing price of one ONIT common share, using a closing price of $37.75 on March 13, 2026.
What are the vesting terms for Jenna Evans’ new time-based RSUs at ONITY Group (ONIT)?
On March 15, 2026, Jenna D. Evans was granted 2,863 restricted stock units scheduled to vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of grant, contingent on continued employment and other stated conditions.
How do Jenna Evans’ performance-based RSUs at ONITY Group (ONIT) work?
On March 15, 2026, Jenna D. Evans received 2,864 performance-based RSUs. Between 0% and 200% of these units may vest on March 15, 2029, depending on ONITY Group’s absolute total shareholder return versus a pre-established peer group at designated measurement periods.
Do Jenna Evans’ ONITY Group (ONIT) RSUs provide stock or cash on vesting?
Each restricted stock unit granted to Jenna D. Evans represents a contingent right to receive a cash payment. The payment equals the closing price of one share of ONIT common stock on the applicable vesting date, rather than delivering actual shares.