Form 4: OneMain Holdings COO Disposes Shares for Tax
Insider Transaction
OneMain Holdings' EVP & COO, Micah R. Conrad, disposed of common stock shares on February 20, 2026, to cover tax liabilities under a pre-arranged plan.
Summary
- Micah R. Conrad, Executive Vice President & Chief Operating Officer of OneMain Holdings, Inc. (OMF), reported a disposition of common stock.
- The transactions occurred on February 20, 2026, and were made pursuant to a Rule 10b5-1 pre-arranged contract, instruction, or written plan.
- A total of 10,567 shares of common stock, par value $0.01 per share, were disposed of in three separate transactions.
- The shares were disposed of at a price of $57.53 per share.
- These dispositions were identified by transaction code 'F', indicating payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
- Following these reported transactions, Micah R. Conrad directly beneficially owns 111,250 shares of OneMain Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. The disposition of shares is explicitly for tax liability (transaction code 'F') and is part of a pre-arranged Rule 10b5-1 plan, indicating a non-discretionary event rather than a reflection of the insider's sentiment about the company's future performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholding, are routine events in the financial services industry, especially for executives receiving equity compensation. These transactions are typically non-discretionary and do not inherently signal a change in management's confidence in the company's prospects, unlike open market sales.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Date of reported transactions for the disposition of common stock. |
| 02/24/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Keywords
OneMain Holdings, OMF, Insider Trading, Form 4, Micah R. Conrad, Stock Disposition, Tax Liability, Rule 10b5-1, Executive Compensation
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