<SEC-DOCUMENT>0001641172-25-002177.txt : 20250401
<SEC-HEADER>0001641172-25-002177.hdr.sgml : 20250401
<ACCEPTANCE-DATETIME>20250401182542
ACCESSION NUMBER:		0001641172-25-002177
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250329
FILED AS OF DATE:		20250401
DATE AS OF CHANGE:		20250401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ZELENY DENNIS
		CENTRAL INDEX KEY:			0001145666
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13219
		FILM NUMBER:		25801321

	MAIL ADDRESS:	
		STREET 1:		1818 MARKET STREET
		STREET 2:		SUITE 1500
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103-7583

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ONITY GROUP INC.
		CENTRAL INDEX KEY:			0000873860
		STANDARD INDUSTRIAL CLASSIFICATION:	MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
		ORGANIZATION NAME:           	02 Finance
		EIN:				650039856
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1661 WORTHINGTON ROAD
		STREET 2:		SUITE 100
		CITY:			WEST PALM BEACH
		STATE:			FL
		ZIP:			33409
		BUSINESS PHONE:		561-682-8000

	MAIL ADDRESS:	
		STREET 1:		1661 WORTHINGTON ROAD
		STREET 2:		SUITE 100
		CITY:			WEST PALM BEACH
		STATE:			FL
		ZIP:			33409

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCWEN FINANCIAL CORP
		DATE OF NAME CHANGE:	20110301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCWEN FINANCIAL Corp
		DATE OF NAME CHANGE:	20110224

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCWEN FINANCIAL CORP
		DATE OF NAME CHANGE:	19960516
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
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    <periodOfReport>2025-03-29</periodOfReport>

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    <issuer>
        <issuerCik>0000873860</issuerCik>
        <issuerName>ONITY GROUP INC.</issuerName>
        <issuerTradingSymbol>ONIT</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001145666</rptOwnerCik>
            <rptOwnerName>ZELENY DENNIS</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>1661 WORTHINGTON ROAD, SUITE 100</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WEST PALM BEACH</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33409</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP &amp; Chief Admin Officer</officerTitle>
            <otherText></otherText>
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    </reportingOwner>

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                </transactionShares>
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        </nonDerivativeTransaction>
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    <derivativeTable>
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            </securityTitle>
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                <transactionPricePerShare>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
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                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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                </underlyingSecurityShares>
            </underlyingSecurity>
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                </transactionShares>
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                <transactionCode>M</transactionCode>
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    <footnotes>
        <footnote id="F1">On March 29, 2024, the reporting person was granted 11,481 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 one share of common stock on the vesting date.</footnote>
        <footnote id="F2">Shares withheld pursuant to terms of the award to cover tax withholding obligations.</footnote>
        <footnote id="F3">On March 31, 2022, the reporting person was granted 7,352 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 one share of common stock on the vesting date.</footnote>
        <footnote id="F4">On March 31, 2022, the reporting person was granted 7,353 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Between 0% and 200% of the target number of units were eligible to vest on March 31, 2025 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. 6,934 restricted stock units vested pursuant to the award on March 31, 2025.</footnote>
        <footnote id="F5">Not applicable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Leah E. Hutton, Attorney-in-Fact for Dennis Zeleny</signatureName>
        <signatureDate>2025-04-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
