ONITY GROUP INC. (ONIT): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:16 ET
- Event date
- 2026-11-13
- Accession no.
- 0001493152-26-051735
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Onity announces Aaron D. Wade’s departure; Richard J. Bradfield to become chief investment officer
Onity announced that Chief Investment Officer Aaron D. Wade will leave on December 31, 2026 following a transition period. Richard J. Bradfield will assume the role while remaining President of PHH Asset Services LLC. Wade will receive severance benefits and a 2026 cash incentive with a target value of $490,356, with actual payout in the first quarter of 2027 determined at the Compensation and Human Capital Committee’s discretion.
- Aaron D. Wade will leave on December 31, 2026 following a transition period.
- Richard J. Bradfield will become Chief Investment Officer while remaining President of PHH Asset Services LLC.
- Wade will receive severance benefits under the Company’s United States Basic Severance Plan.
- Wade’s 2026 annual cash incentive has a target value of $490,356; actual payout is at the committee’s discretion.
executive change
Items reported
- Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
A director or a named officer (such as the CEO or CFO) left or was appointed, or certain executive compensation arrangements were adopted or changed. - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
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