Glen A. Messina - Apr 3, 2024 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
President and CEO, Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Glen A. Messina
Stock symbol
OCN
Transactions as of
Apr 3, 2024
Transactions value $
-$269,067
Form type
4
Date filed
4/5/2024, 05:00 PM
Previous filing
Apr 2, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +23.4K +8.69% 292K Apr 3, 2024 Direct F1, F2
transaction OCN Common Stock Tax liability -$269K -10.8K -3.71% $24.84 281K Apr 3, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OCN Restricted Stock Units Options Exercise $0 -23.4K -33.33% $0.00 46.8K Apr 3, 2024 Common Stock 23.4K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023, the reporting person was granted 70,126 restricted stock units scheduled to vest in three approximately 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 one share of OCN common stock on the vesting date.
F2 Includes 23,554 shares held jointly with spouse.
F3 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4 Not applicable.