Peach James Andrew 4
4 · ONITY GROUP INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ONIT EVP Peach James Andrew Receives Cash-Settled RSUs, Granted New RSUs
What Happened
- Peach James Andrew, EVP & Chief Lending Officer of Onity Group Inc. (ONIT), had 1,191 restricted stock units (RSUs) vest on March 15, 2026 and those vested units were cash-settled. Using the last trading-day closing price of $37.75 (March 13, 2026), the settlement equals about $44,960. The filing also shows a disposition to the issuer related to the settlement/withholding.
- On the same date (March 15, 2026) the reporting person was granted two new awards totaling 11,455 RSUs: 5,727 time‑based RSUs (vest in three equal annual installments) and 5,728 RSUs that are subject to both time and performance vesting (0%–200% payout possible based on relative TSR, vesting measurement in 2029). These awards are cash‑settled derivative rights, not current shares.
Key Details
- Transaction dates: March 15, 2026 (vesting/settlement and new grants). Form filed March 17, 2026 (timely).
- Cash received for vested RSUs: 1,191 units × $37.75 = ~$44,960 (based on March 13, 2026 close).
- New awards: 5,727 time‑based RSUs; 5,728 performance & time‑based RSUs (target value paid in cash at future vesting).
- Reported disposition to issuer reflects settlement/withholding related to the vested RSUs (common for tax withholding); filing shows no open-market sale.
- Shares owned after the transaction are not specified in the information provided in this summary—see the Form 4 for full holdings.
Context
- These entries are derivative/award transactions (not open‑market purchases or sales). The vested units were cash‑settled rather than converted into delivered shares; the new awards are contingent cash rights tied to future vesting and/or performance.
- Grants and routine vesting/withholding are common for executives and do not, by themselves, indicate a change in sentiment. Purchases are typically more informative for bullish signals; this filing documents compensation and settlement activity.
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Peach James Andrew
EVP & Chief Lending Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+1,191→ 2,054 total - Disposition to Issuer
Common Stock
[F1]2026-03-15−1,191→ 863 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-15−1,191→ 2,383 total→ Common Stock (1,191 underlying) - Award
Restricted Stock Units
[F3][F2]2026-03-15+5,727→ 5,727 total→ Common Stock (5,727 underlying) - Award
Restricted Stock Units
[F4][F2]2026-03-15+5,728→ 5,728 total→ Common Stock (5,728 underlying)
Footnotes (4)
- [F1]On March 15, 2025, the reporting person was granted 3,574 restricted stock units scheduled to vest in three 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 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 1,191 restricted stock units that vested pursuant to the award on March 15, 2026. On March 13, 2026, the last trading day prior to the vesting date, the closing price of ONIT common stock was $37.75.
- [F2]Not applicable
- [F3]On March 15, 2026, the reporting person was granted 5,727 restricted stock units scheduled to vest in three 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 a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date.
- [F4]On March 15, 2026, the reporting person was granted 5,728 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. 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. Between 0% and 200% of the target number of units will be eligible to vest on March 15, 2029 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.
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for J. Andrew Peach|2026-03-17