Ocwen Financial: Declaration of Change of Beneficial Ownership (Form 4)

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Property Submission

FORM 4

Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and address of reporting person *

O’Neil Sean Bradley

2. Name of issuer and stock symbol or trading symbol
OCWEN FINANCIAL CORP [OCN]

5. Relationship between the reporting person(s) and the issuer
(Check all that apply)

_____ Director

_____ 10% Owner

_____ Officer (indicate title below)

_____ Other (specify below)

Executive Vice President and Chief Financial Officer /

(Last)

(First)

(Environment)

1661 WORTHINGTON ROAD, SUITE 100

3. Date of first transaction (month/day/year)

(Street)

WEST PALM BEACH

Florida

33409

4. In case of modification, date of filing of the original (month/day/year)

6. Individual or joint/group filing (check applicable row)
_X_ Form filed by a reporting person
___ Form filed by more than one declarant

Table I – Non-derivative securities acquired, sold or beneficially owned

1. Title of guarantee

2. Transaction date (month/day/year)

2A. Deemed execution date, if applicable (month/day/year)

3. Transaction code

4. Securities acquired (A) or transferred (D)

5. Amount of securities beneficially owned as a result of the reported transaction(s)

6. Form of ownership: direct (D) or indirect (I)

7. Nature of Indirect Beneficial Ownership

Coded

V

Rising

(A) or (D)

Price

Table II – Beneficial ownership derivative securities (for exampleputs, calls, warrants, options, convertible securities)
(for exampleputs, calls, warrants, options, convertible securities)

1. Title of derivative title

2. Conversion or exercise price of the derivative security

3. Transaction date (month/day/year)

3A. Deemed execution date, if applicable (month/day/year)

4. Transaction code

5. Number of derivative securities acquired (A) or sold (D)

6. Exercise date and expiry date

7. Title and amount of the securities underlying the derivative securities

8. Price of derivative securities

9. Number of derivative securities beneficially owned as a result of reported transactions

10. Form of ownership of derivative securities: direct (D) or indirect (I)

11. Nature of Indirect Beneficial Ownership

Coded

V

(A)

(D)

Exercise date

Expiration date

Title

Amount or number of shares

Reporting owners

Name/address of declaring owner Relationships

Director

10% Owner

Officer

Other

O’Neil Sean Bradley
1661 WORTHINGTON ROAD, SUITE 100

WEST PALM BEACH, FL33409

Executive Vice President and Chief Financial Officer

Signatures

/s/ Leah E. Hutton, attorney in fact for Sean B. O’Neil

2022-06-14

**Signature of declaring person

Date

Explanation of answers:

If the form is completed by several declarants, see

Section 5(b)(v).

(**) Intentional misrepresentation or omission of facts are federal criminal offenses. See

18 USC 1001 and 15 USC 78ff(a).

(1)

Each restricted stock unit represents a conditional right to receive one common share of OCN on the vesting date.

(2)

On June 13, 2022, the reporting person received 13,094 restricted stock units expected to vest in three annual installments approximately equal to the first, second and third anniversary of the grant, subject to continued employment of reporting person and certain other conditions.

(3)

Not applicable.

(4)

On June 13, 2022, the reporting person was granted 13,094 restricted stock units subject to both a performance condition and a time-based vesting schedule. The target number of units to be granted is indicated above. Between 0% and 200% of the target number of units will be eligible for vesting on June 13, 2025 based on the relative ranking of the Issuer’s absolute total shareholder return to absolute total shareholder return companies within the Issuer’s pre-established par. group at designated measurement periods.

(5)

On June 13, 2022, the reporting person received 51,546 restricted stock units scheduled to vest in four annual installments approximately equal to the first, second, third and fourth anniversary of the grant, subject to the continuation of the reporting person’s employment and certain other conditions. Note: Submit three copies of this form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for the procedure. Potential individuals who need to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer Ocwen Financial Corporation published this content on June 14, 2022 and is solely responsible for the information contained therein. Distributed byAudience unedited and unmodified, onJun 14, 2022 8:22:09 PM UTC

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Public now 2022

All news about OCWEN FINANCIAL CORPORATION

Analyst Recommendations for OCWEN FINANCIAL CORPORATION

2022 sales
984M
2022 net income
90.4 million
Net debt 2022

PER 2022 ratio
2.58x 2022 return
Capitalization
224M
224M
capi. / Sales 2022
0.23x capi. / Sales 2023
0.20x # of employees
5,800 Floating

96.3%

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Trends in Technical Analysis OCWEN FINANCIAL CORPORATION
Short term Middle term
Long term Tendencies Bullish Neutral

Neutral


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Sale

To buy Medium consensus
SURPASS Number of analysts
4 Last closing price
$24.25 Average target price
$39.33 Average Spread / Target

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