Anderson Scott William 4
4 · ONITY GROUP INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ONITY (ONIT) EVP Scott Anderson Receives RSU Cash Settlement & New Grants
What Happened
- Scott William Anderson, EVP & Chief Servicing Officer of ONITY Group Inc. (ONIT), had 2,978 restricted stock units (RSUs) vest on March 15, 2026 and those vested units were settled in cash. The settlement used the March 13, 2026 closing price of $37.75, producing approximately $112,319.50 in cash.
- On the same date Anderson was granted two new RSU awards: 7,159 time‑based RSUs and 7,160 RSUs subject to both time- and performance-based vesting (total new target awards = 14,319 RSUs). All RSUs are payable in cash equal to the company’s closing share price on applicable vesting dates.
Key Details
- Transaction date: March 15, 2026 (Form filed March 17, 2026). Filing appears timely (within the normal 2-business-day Form 4 window).
- Cash settlement: 2,978 vested RSUs × $37.75 = $112,319.50 (per footnote using the last trading day price before vesting).
- New grants: 7,159 time‑based RSUs (vest in three equal annual installments) and 7,160 performance/time RSUs (performance vesting 0%–200% at the March 15, 2029 measurement).
- Reported transaction codes: M (exercise/conversion of derivative), D (disposition to issuer indicating cash settlement), A (award/grant). The $0.00 price on the grant/derivative lines reflects that RSUs are awarded/settled as cash based on share price, not purchased for cash.
- Shares owned after the transactions: not specified in the filing.
Context
- These were RSU vesting and grant transactions settled or payable in cash rather than issuance of shares; the vested units were cash-settled (not an open-market sale).
- The performance RSUs include variable payout (0–200%) based on ONIT’s absolute total shareholder return versus a peer group at specified measurement periods — final payout may differ from the target 7,160 units.
- RSU awards and cash settlements are common compensation events and do not by themselves indicate insider sentiment about the company’s stock price.
Insider Transaction Report
Form 4
ONITY GROUP INC.ONIT
Anderson Scott William
EVP & Chief Servicing Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+2,978→ 43,922 total - Disposition to Issuer
Common Stock
[F1]2026-03-15−2,978→ 40,944 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-15−2,978→ 5,958 total→ Common Stock (2,978 underlying) - Award
Restricted Stock Units
[F3][F2]2026-03-15+7,159→ 7,159 total→ Common Stock (7,159 underlying) - Award
Restricted Stock Units
[F4][F2]2026-03-15+7,160→ 7,160 total→ Common Stock (7,160 underlying)
Footnotes (4)
- [F1]On March 15, 2025, the reporting person was granted 8,936 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 2,978 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 7,159 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 7,160 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 Scott Anderson|2026-03-17