Onity Group (ONIT) EVP converts 1,754 RSUs; 871 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Onity Group Inc. executive Richard J. Bradfield exercised equity awards and had shares withheld for taxes. On March 29, 2026, he converted 1,754 restricted stock units into 1,754 shares of common stock at an exercise price of $0.00 per share. To satisfy tax withholding obligations tied to this vesting, 871 common shares were withheld at $37.54 per share, leaving him with 1,766 common shares held directly after the transactions. These events reflect routine compensation-related equity vesting rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,754 shares exercised/converted
Mixed
3 txns
Insider
Bradfield Richard J.
Role
EVP, Strategic Initiatives
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,754 | $0.00 | -- |
| Exercise | Common Stock | 1,754 | $0.00 | -- |
| Tax Withholding | Common Stock | 871 | $37.54 | $33K |
Holdings After Transaction:
Restricted Stock Units — 1,754 shares (Direct);
Common Stock — 2,637 shares (Direct)
Footnotes (1)
- On March 29, 2024, the reporting person was granted 5,262 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.
Key Figures
RSUs exercised: 1,754 units
Common shares from exercise: 1,754 shares
Shares withheld for taxes: 871 shares
+4 more
7 metrics
RSUs exercised
1,754 units
Restricted stock units converted to common stock on March 29, 2026
Common shares from exercise
1,754 shares
Shares received from RSU conversion on March 29, 2026
Shares withheld for taxes
871 shares
Tax-withholding disposition at $37.54 per share
Tax withholding price
$37.54 per share
Valuation used for 871 withheld shares
Shares held after transactions
1,766 shares
Direct common stock holdings following March 29, 2026 events
RSU grant size
5,262 units
Restricted stock units granted on March 29, 2024, vesting over three years
Exercise price
$0.00 per share
Conversion price for RSUs into common stock
Key Terms
restricted stock units, tax withholding obligations, derivative security
3 terms
restricted stock units financial
"the reporting person was granted 5,262 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.
tax withholding obligations financial
"Shares withheld pursuant to terms of the award to cover tax withholding obligations."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did ONIT executive Richard J. Bradfield report?
Richard J. Bradfield reported the vesting and exercise of 1,754 restricted stock units into 1,754 shares of Onity Group common stock. The event reflects compensation-related equity vesting rather than an open-market purchase or sale of shares.
How were Bradfield’s restricted stock units in ONIT originally structured?
Bradfield was granted 5,262 restricted stock units on March 29, 2024, scheduled to vest in three equal annual installments. Each unit represents a contingent right to receive one share of common stock upon vesting, subject to continued employment and other conditions.