Francois Grunenwald - 03 Apr 2025 Form 4 Insider Report for ONITY GROUP INC. (ONIT)

Role
Chief Accounting Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Francois Grunenwald
Issuer symbol
ONIT
Transactions as of
03 Apr 2025
Net transactions value
$0
Form type
4
Filing time
07 Apr 2025, 16:17:05 UTC
Previous filing
01 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 +1,177 1,177 03 Apr 2025 Direct F1
transaction ONIT Common Stock Disposed to Issuer -1,177 -100% 0 03 Apr 2025 Direct F1

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 -1,177 -50% $0.000000 1,178 03 Apr 2025 Common Stock 1,177 Direct F1, F2
* 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 3,532 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 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 1,177 restricted stock units that vested pursuant to the award on April 3, 2025. On April 3, 2025, the closing price of ONIT common stock was $29.83.
F2 Not applicable.