STOCK TITAN

ONITY Group (ONIT) risk chief gains shares as RSUs vest and some withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ONITY GROUP INC. Chief Risk & Compliance officer Jenna D. Evans exercised restricted stock units that vested into common shares. She acquired 1,435 shares of common stock through the conversion of previously granted restricted stock units.

Of these shares, 624 were withheld at a price of $37.54 per share to cover tax withholding obligations, leaving a net increase of 811 shares. Following these routine compensation-related transactions, Evans directly holds 4,339 shares of ONITY GROUP INC. common stock.

Positive

  • None.

Negative

  • None.
Insider Evans Jenna D.
Role Chief Risk & Compliance
Type Security Shares Price Value
Exercise Restricted Stock Units 1,435 $0.00 --
Exercise Common Stock 1,435 $0.00 --
Tax Withholding Common Stock 624 $37.54 $23K
Holdings After Transaction: Restricted Stock Units — 1,435 shares (Direct); Common Stock — 4,963 shares (Direct)
Footnotes (1)
  1. On March 29, 2024, the reporting person was granted 4,305 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 one share of common stock on the vesting date. Shares withheld pursuant to terms of the award to cover tax withholding obligations. Not applicable.
RSUs exercised 1,435 units Converted to common stock on March 29, 2026
Shares withheld for taxes 624 shares at $37.54 Withheld to cover tax obligations under award terms
Net new shares from vesting 811 shares Difference between 1,435 RSUs exercised and 624 shares withheld
Post-transaction holdings 4,339 shares Common stock directly held by Jenna D. Evans after transactions
Original RSU grant 4,305 units Granted March 29, 2024, vesting in three equal annual installments
Restricted Stock Units financial
"the reporting person was granted 4,305 restricted stock units scheduled to vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right to receive financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
tax withholding obligations financial
"Shares withheld pursuant to terms of the award to cover tax withholding obligations"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Evans Jenna D.

(Last)(First)(Middle)
1661 WORTHINGTON ROAD, SUITE 100

(Street)
WEST PALM BEACH FLORIDA 33409

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ONITY GROUP INC. [ ONIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk & Compliance
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/29/2026M1,435A(1)4,963D
Common Stock03/29/2026F624D(2)$37.544,339D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/29/2026M1,435 (1) (3)Common Stock1,435$01,435D
Explanation of Responses:
1. On March 29, 2024, the reporting person was granted 4,305 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 one share of common stock on the vesting date.
2. Shares withheld pursuant to terms of the award to cover tax withholding obligations.
3. Not applicable.
/s/ Leah E. Hutton, Attorney-in-Fact for Jenna D. Evans03/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ONITY GROUP INC. (ONIT) report for Jenna D. Evans?

ONITY GROUP INC. reported that Chief Risk & Compliance officer Jenna D. Evans exercised 1,435 restricted stock units into common shares. Part of these shares was then withheld to satisfy tax obligations tied to the equity award’s vesting.

How many ONITY GROUP INC. (ONIT) shares did Jenna D. Evans acquire and retain?

Jenna D. Evans acquired 1,435 shares of ONITY GROUP INC. common stock through RSU conversion. After 624 shares were withheld for taxes, she retained a net 811 additional shares, increasing her directly held position to 4,339 shares.

What was the purpose of the 624 ONITY GROUP INC. (ONIT) shares withheld?

The 624 ONITY GROUP INC. shares were withheld under the award terms to cover tax withholding obligations. This is a standard mechanism where shares from vested equity awards are used instead of cash to satisfy the associated tax liability.

What is the background of the restricted stock units in this ONIT Form 4?

The restricted stock units stem from a March 29, 2024 grant of 4,305 units to Jenna D. Evans. These units are scheduled to vest in three equal annual installments on each anniversary of the grant date, subject to continued employment and other conditions.

How many ONITY GROUP INC. (ONIT) shares does Jenna D. Evans hold after this filing?

After these transactions, Jenna D. Evans directly holds 4,339 shares of ONITY GROUP INC. common stock. This figure reflects the net effect of the RSU conversion that added shares and the tax withholding that reduced the gross number of newly issued shares.

Is the ONITY GROUP INC. (ONIT) Form 4 a market sale by Jenna D. Evans?

The Form 4 does not report any open-market sale by Jenna D. Evans. Instead, shares were acquired through RSU vesting and a portion was withheld at $37.54 per share to satisfy tax liabilities, which is treated as a tax-withholding disposition, not a market trade.