George T. Henley - 31 Jul 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (ONIT)

Reporting relationship: EVP & Chief Growth Officer
Issuer ticker: ONIT
Reported as of: 31 Jul 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Aug 2023, 16:30:35 UTC
Prior SEC filing: 05 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Leah E. Hutton, Attorney-in-Fact for George T. Henley

Key filing fact

George T. Henley filed Form 4 for OCWEN FINANCIAL CORP (ONIT) on 02 Aug 2023.

Key facts

This page summarizes George T. Henley's Form 4 filing for OCWEN FINANCIAL CORP (ONIT).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 02 Aug 2023, 16:30.

Change

Previous filing in this sequence was filed on 05 Apr 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OCN transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +7,908
Change %
Price: $0.000000
Shares after: 7,908
Date: 31 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,908
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date.

Footnote F2

On July 31, 2023, the reporting person was granted 7,908 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 50% and 150% of the target number of units will be eligible to vest on July 31, 2024 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 the designated measurement date.

Footnote F3

Not applicable.