Dennis Zeleny - 29 Mar 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Role: EVP & Chief Admin Officer
Signature: /s/ Leah E. Hutton, Attorney-in-Fact for Dennis Zeleny
Issuer symbol: ONIT
Transactions as of: 29 Mar 2025
Net transactions value: -$166,721
Form type: 4
Filing time: 01 Apr 2025, 18:25:42 UTC
Previous filing: 18 Mar 2025
Next filing: 07 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONIT	Common Stock	Options Exercise		+3,827	+23%		20,374	29 Mar 2025	Direct	F1
transaction	ONIT	Common Stock	Tax liability	$47,364	-1,506	-7.4%	$31.45	18,868	29 Mar 2025	Direct	F2
transaction	ONIT	Common Stock	Options Exercise		+2,451	+13%		21,319	31 Mar 2025	Direct	F3
transaction	ONIT	Common Stock	Tax liability	$31,156	-964	-4.5%	$32.32	20,355	31 Mar 2025	Direct	F2
transaction	ONIT	Common Stock	Options Exercise		+6,934	+34%		27,289	31 Mar 2025	Direct	F4
transaction	ONIT	Common Stock	Tax liability	$88,201	-2,729	-10%	$32.32	24,560	31 Mar 2025	Direct	F2

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	ONIT	Restricted Stock Units	Options Exercise	$0	-3,827	-33%	$0.000000	7,654	29 Mar 2025	Common Stock	3,827		Direct	F1, F5
transaction	ONIT	Restricted Stock Units	Options Exercise	$0	-2,451	-100%	$0.000000	0	31 Mar 2025	Common Stock	2,451		Direct	F3, F5
transaction	ONIT	Restricted Stock Units	Options Exercise	$0	-6,934	-100%	$0.000000	0	31 Mar 2025	Common Stock	6,934		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 29, 2024, the reporting person was granted 11,481 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.
F2	Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F3	On March 31, 2022, the reporting person was granted 7,352 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.
F4	On March 31, 2022, the reporting person was granted 7,353 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Between 0% and 200% of the target number of units were eligible to vest on March 31, 2025 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. 6,934 restricted stock units vested pursuant to the award on March 31, 2025.
F5	Not applicable.