8-K
filed May 23, 2023, 7:59 PM ET
ticker ONIT
CIK 0000873860
other material
confidence high
sentiment neutral
materiality 0.40
Ocwen shareholders approve amendment to 2021 Equity Incentive Plan, adding 300K shares
ONITY GROUP INC.
- Amendment increases share limit by 300,000, to a maximum of 1,539,443 shares.
- Shareholders voted 3,007,155 for, 863,905 against, 5,523 abstain; broker non-votes 2,203,744.
- All seven director nominees elected; Deloitte & Touche ratified as auditor for FY 2023.
- Say-on-pay passed with 3,243,380 votes for; frequency vote set to every 1 year.
- Equity plan amendment becomes effective May 23, 2023; full plan text filed as Exhibit 10.1.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ONITY GROUP INC. shareholders approved Election of Directors at the 2023-05-23 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The Company’s shareholders elected the following nominees for director to serve for one-year terms or until their successors shall be elected and qualified based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ONITY GROUP INC. shareholders approved Approval of Amendment to the Ocwen Financial Corporation 2021 Equity Incentive Plan to Increase Available Shares at the 2023-05-23 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The Company’s shareholders approved the Amendment to the Ocwen Financial Corporation 2021 Equity Incentive Plan to increase available shares that may be issued under the plan based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ONITY GROUP INC. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-23 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ONITY GROUP INC. shareholders approved Advisory Vote on Frequency of Named Executive Compensation at the 2023-05-23 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The Company’s shareholders approved, on a non-binding advisory basis, to hold a vote on named executive compensation every ONE year based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ONITY GROUP INC. shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-05-23 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The Company’s shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers based upon the following votes:
View on SEC.gov
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