Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-15

Onity Group (ONIT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,554,146
Glen Messina total, FY2025
CEO pay percentile vs peers
152:1
CEO-to-median pay ratio
87.4%
Say-on-pay support, latest vote
Companies that benchmark against ONIT
5 companies name ONIT as a compensation peer

Each company listed discloses ONIT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ONIT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Glen Messina$1,000,000$0$4,473,182$0$2,070,464$0$10,500$7,554,146
President and Chief Executive Officer
Sean O'Neil550,000150,000646,1100744,810010,5002,101,420
Executive Vice President and Chief Financial Officer
Dennis Zeleny500,0000596,4250668,250010,5001,775,175
Executive Vice President and Chief Administrative Officer
Scott Anderson500,0000596,4250605,000010,5001,711,925
Executive Vice President and Chief Servicing Officer
Aaron Wade480,0000372,7430622,212010,5001,485,455
Executive Vice President, Chief Investment Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Glen Messina$7,554,146$8,448,459$8,153,781−894,313
Sean O'Neil2,101,4202,338,817−237,397
Dennis Zeleny1,775,1752,085,869−310,694
Scott Anderson1,711,9252,089,869−377,944
Aaron Wade1,485,4551,846,143−360,688

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Alan J. BowersDirector2026-05-19A3,627$0$0RSUForm 4 ↗
Jacques J. BusquetDirector2026-05-19A3,62700RSUForm 4 ↗
Robert S. WelbornDirector2026-05-19A3,62700Derivative, Class A CommonForm 4 ↗
Kevin SteinDirector2026-05-19A3,62700RSUForm 4 ↗
Dawn C. MorrisDirector2026-05-19A3,62700Derivative, Class A CommonForm 4 ↗
Claudia J. MerkleDirector2026-05-19A3,62700RSUForm 4 ↗
Sean O'NeilEVP & Chief Financial Officer2026-06-13D12,88700Derivative, Class A CommonForm 4 ↗
Sean O'NeilEVP & Chief Financial Officer2026-06-13D5,07137185,751CommonForm 4 ↗
Sean O'NeilEVP & Chief Financial Officer2026-06-13A12,887CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Glen MessinaPSU2025-03-1533,51267,024$2,443,695
Scott AndersonRSU2025-03-158,936270,582
Glen MessinaRSU2025-03-1567,0242,029,487
Scott AndersonPSU2025-03-154,4688,937325,843
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Glen Messina$2,029,487$2,443,695$054.6%
Scott Anderson270,582325,843054.6%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Dennis ZelenyPSU21,038$963,330
Scott AndersonPSU17,874818,450
Scott AndersonRSU8,936409,179
Glen MessinaPSU153,0807,009,533
Glen MessinaPSU140,2526,422,139
Sean O'NeilPSU24,8761,139,072
Glen MessinaRSU51,0272,336,526
Sean O'NeilPSU22,7921,043,646
Sean O'NeilPSU19,362886,586
Sean O'NeilRSU12,887590,096
Aaron WadePSU10,518481,619
Sean O'NeilRSU9,681443,293
Sean O'NeilRSU8,292379,691
Dennis ZelenyRSU8,936409,179
Aaron WadePSU11,170511,474
Scott AndersonPSU22,9621,051,430
Scott AndersonRSU3,506160,540
Scott AndersonRSU7,654350,477
Dennis ZelenyRSU7,654350,477
Scott AndersonPSU21,038963,330
Dennis ZelenyPSU17,874818,450
Glen MessinaPSU134,0486,138,058
Glen MessinaRSU23,3761,070,387
Aaron WadeRSU1,75380,270
Glen MessinaOption17,79961.8
Sean O'NeilRSU3,799173,956
Dennis ZelenyRSU3,506160,540
Aaron WadePSU12,342565,140
Dennis ZelenyPSU22,9621,051,430
Glen MessinaRSU67,0243,069,029
Aaron WadeRSU5,585255,737
Aaron WadeRSU4,114188,380
05

Incentive-plan design — the Compensation Discussion & Analysis

Onity's executive compensation program is designed to align pay with performance by tying the majority of NEO compensation to Company and individual performance outcomes. The program emphasizes pay-for-performance through annual cash incentives tied to a corporate scorecard and long-term equity incentives tied to relative TSR, with the goal of attracting, retaining and motivating high-quality executives while aligning their interests with those of shareholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantWTW
Clawback policyTrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-194,073,376587,124220,07187.4%Passed
20252025-05-213,074,157962,910174,05276.15%Passed
20242024-05-283,414,386532,08710,97786.52%Passed
20232023-05-233,243,380571,62961,57485.02%Passed
20222022-05-254,797,957319,47147,05593.76%Passed
20202020-05-2760,551,4986,742,0831,255,79789.98%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1987.4%a
20252025-05-2176.15%b
20242024-05-2886.52%c

a. Approved under the standard stated in the filing — “Abstentions will not be counted as votes cast with respect to Proposal Two to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2026 or Proposal Three to approve Say-on-Pay and therefore will not be counted in determining the outcome of those proposals presented for your vote.”.

b. Approved under the standard stated in the filing — “Abstentions will not be counted as votes cast with respect to Proposal Two to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2025 or Proposal Three to approve Say-on-Pay and therefore will not be counted in determining the outcome of those proposals presented for your vote.”.

c. Approved under the standard stated in the filing — “Abstentions will not be counted as votes cast with respect to Proposal Two to approve the Name Change, Proposal Three to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2024, Proposal Four to approve Say-on-Pay, or Proposal Five to approve the 2021 Plan Amendment.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)152 : 1
CEO total compensation$7,554,146
Median employee compensation$49,564
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Kevin SteinIndependent · Lead Independent Director · Compensation and Human Capital · Risk and Compliance (Chair) · Executive$158,250$120,000$0$0$0$278,250
Jacques J. BusquetIndependent · Audit · Compensation and Human Capital (Chair) · Risk and Compliance · Executive120,000120,000000240,000
Alan J. BowersIndependent · Audit (Chair) · Risk and Compliance112,500120,000000232,500
Jenne K. BritellIndependent · Audit · Nomination/Governance95,000120,000000215,000
DeForest B. Soaries, JrIndependent · Nomination/Governance (Chair)90,016120,000000210,016
Claudia J. MerkleIndependent · Compensation and Human Capital · Nomination/Governance · Newly elected64,385137,330000201,715
Glen A. MessinaEmployee director · Board Chair · Executive (Chair)00000
09

Board fee structure and ownership guideline

Annual cash retainer$72,000
Annual equity retainer$120,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 15,000
Stock ownership guideline5x base annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$640,151
Equity awards (grant-date value)$737,330
All other compensation$0
Total cost of the board$1,377,481

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Onity Group2025Glen Messina$1,000,000$4,473,182$0$2,070,464$7,554,146

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Glen MessinaDEF 14A2026-04-140001493152-26-016598Section “Summary Compensation Table - 2023, 2024 and 2025”. As printed: 7,554,146. Filing ↗machine: r1 · c31 · span 1042848–1042857
2Section 01, Sean O'NeilDEF 14A2026-04-140001493152-26-016598Section “Executive Compensation”. As printed: 2,101,420. Filing ↗
3Section 01, Dennis ZelenyDEF 14A2026-04-140001493152-26-016598Section “Summary Compensation Table - 2023, 2024 and 2025”. As printed: 1,775,175. Filing ↗machine: r10 · c31 · span 1074265–1074274
4Section 01, Scott AndersonDEF 14A2026-04-140001493152-26-016598Section “Summary Compensation Table - 2023, 2024 and 2025”. As printed: 1,711,925. Filing ↗machine: r7 · c31 · span 1063716–1063725
5Section 01, Aaron WadeDEF 14A2026-04-140001493152-26-016598Section “Summary Compensation Table - 2023, 2024 and 2025”. As printed: 1,485,455. Filing ↗machine: r13 · c31 · span 1084562–1084571
6Section 03, Glen Messina PSUDEF 14A2026-04-140001493152-26-016598Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t280 · r2 · c42 · span 1111491–1111500
7Section 03, Scott Anderson RSUDEF 14A2026-04-140001493152-26-016598Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t280 · r9 · c42 · span 1142724–1142731
8Section 03, Glen Messina RSUDEF 14A2026-04-140001493152-26-016598Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t280 · r3 · c42 · span 1115962–1115971
9Section 03, Scott Anderson PSUDEF 14A2026-04-140001493152-26-016598Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t280 · r8 · c42 · span 1138267–1138274
10Section 07, pay ratioDEF 14A2026-04-140001493152-26-016598Section “CEO Pay Ratio”. As printed: 152 : 1. Filing ↗
11Section 08, Kevin SteinDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 278,250. Filing ↗
12Section 08, Jacques J. BusquetDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 240,000. Filing ↗
13Section 08, Alan J. BowersDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 232,500. Filing ↗
14Section 08, Jenne K. BritellDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 215,000. Filing ↗
15Section 08, DeForest B. Soaries, JrDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 210,016. Filing ↗
16Section 08, Claudia J. MerkleDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 201,715. Filing ↗
17Section 08, Glen A. MessinaDEF 14A2026-04-140001493152-26-016598Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, Alan J. Bowers 2026-05-19Form 42026-05-210001493152-26-024833Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Jacques J. Busquet 2026-05-19Form 42026-05-210001493152-26-024831Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Robert S. Welborn 2026-05-19Form 42026-05-210001493152-26-024830Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Kevin Stein 2026-05-19Form 42026-05-210001493152-26-024828Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Dawn C. Morris 2026-05-19Form 42026-05-210001493152-26-024826Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Claudia J. Merkle 2026-05-19Form 42026-05-210001493152-26-024829Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Sean O'Neil 2026-06-13Form 42026-06-150001493152-26-028710Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Sean O'Neil 2026-06-13Form 42026-06-150001493152-26-028710Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Sean O'Neil 2026-06-13Form 42026-06-150001493152-26-028710Insider equity transaction reported since the proxy statement. Filing ↗
27Section 06, 2026 voteForm 8-K2026-05-190001493152-26-024419Item 5.07 · say-on-pay result. As reported: 87.4% (votes for as printed: 4,073,376). Filing ↗
28Section 06, 2025 voteForm 8-K2025-05-210001641172-25-011915Item 5.07 · say-on-pay result. As reported: 76.15% (votes for as printed: 3,074,157). Filing ↗
29Section 06, 2024 voteForm 8-K2024-05-280001493152-24-021614Item 5.07 · say-on-pay result. As reported: 86.52% (votes for as printed: 3,414,386). Filing ↗
30Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 640,151 + equity 737,330 + all other 0 = 1,377,481, summed across the director compensation table rows.machine: formula: Σ = 1,377,481
33Onity Group (subject), Section 10b CEO totalDEF 14A2026-04-140001493152-26-016598CEO total compensation as printed in Onity Group's own proxy. As printed: 7,554,146. Filing ↗machine: r1 · c31 · span 1042848–1042857