Form 4: Onity Group EVP J. Andrew Peach Reports Stock Unit Settlement

EVP & Chief Lending Officer of Onity Group, J. Andrew Peach, reports the settlement of restricted stock units resulting in changes to beneficial ownership.

Summary

• On April 3, 2025, J. Andrew Peach, EVP & Chief Lending Officer of Onity Group Inc. (ONIT), reported transactions involving common stock and restricted stock units.
• Peach settled 743 restricted stock units, which vested on April 3, 2025, and were granted on April 3, 2023.
• The settlement resulted in the acquisition of 743 shares and the disposal of 743 shares.
• Following the reported transactions, Peach directly owns 863 shares of common stock.
• The restricted stock units were granted in three equal annual installments and represent a right to receive a cash payment equal to the closing price of one share of ONIT common stock on the vesting date.
• On April 3, 2025, the closing price of ONIT common stock was $29.83.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock unit settlement, which is a neutral event. The sentiment is slightly positive as it reflects ongoing compensation and alignment of management interests with shareholders.

Stakeholder Impact

• The settlement of restricted stock units impacts the executive's ownership stake in the company.
• Shareholders may view this as a routine part of executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, ONIT, Onity Group Inc., J. Andrew Peach, Settlement, Vesting