March 31, 2025 · Form 4 insider transaction
Evans Jenna D. bought 647 shares of ONITY GROUP INC, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
On March 31, 2022, the reporting person was granted 1,940 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 647 restricted stock units that vested pursuant to the award on March 31, 2025. On March 31, 2025, the closing price of ONIT common stock was $32.32.