ONITY Group (ONIT) EVP Anderson logs cash RSU vesting and new performance-based awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONITY Group Inc. executive Scott William Anderson reported routine compensation-related equity activity. On March 15, 2026, 2,978 restricted stock units vested from a 2025 grant and were settled in cash based on a closing share price of $37.75, with a corresponding disposition of 2,978 common shares back to the issuer.
Anderson also received two new grants: 7,159 restricted stock units with three-year annual vesting and 7,160 restricted stock units subject to both performance conditions and time-based vesting, each representing a contingent right to cash equal to the closing price of one ONIT share on future vesting dates. Following these transactions, he directly holds 40,944 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,978 shares exercised/converted
Mixed
5 txns
Insider
Anderson Scott William
Role
EVP & Chief Servicing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,978 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,159 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,160 | $0.00 | -- |
| Exercise | Common Stock | 2,978 | $0.00 | -- |
| Disposition | Common Stock | 2,978 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,958 shares (Direct);
Common Stock — 43,922 shares (Direct)
Footnotes (1)
- On March 15, 2025, the reporting person was granted 8,936 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 2,978 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 7,159 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 7,160 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 Scott William Anderson?
ONITY Group reported that EVP & Chief Servicing Officer Scott William Anderson had 2,978 restricted stock units vest and settle in cash and received two new RSU grants totaling 14,319 units, all tied to ONIT’s closing share price on future vesting dates.
How were Scott William Anderson’s vested ONIT restricted stock units settled?
The 2,978 restricted stock units that vested for Scott William Anderson were settled in cash. Each unit paid an amount equal to the closing price of one ONIT common share, using the $37.75 closing price from March 13, 2026, the last trading day before vesting.
What new ONITY Group (ONIT) RSU awards did Scott William Anderson receive?
Scott William Anderson received two new ONITY Group RSU awards: 7,159 units vesting in three equal annual installments and 7,160 units subject to performance and time-based vesting, with up to 200% of the target performance units eligible to vest on March 15, 2029.
What performance conditions apply to Scott William Anderson’s ONIT performance-based RSUs?
The 7,160 performance-based ONIT RSUs can vest between 0% and 200% of target on March 15, 2029. Vesting depends on ONITY’s absolute total shareholder return ranking versus a pre-established peer group at designated measurement periods, along with continued employment-based vesting conditions.