# EDGAR Filing Document

**Accession Number:** 0001584207
**File Stem:** 0001584207-26-000023
**Filing Date:** 2026-6
**Character Count:** 36476
**Document Hash:** 41f9855435d5ef0d74817166e3b59d62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001584207-26-000023.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0001584207-26-000023

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 13

**FILED AS OF DATE**: 20260618

**DATE AS OF CHANGE**: 20260617

**EFFECTIVENESS DATE**: 20260618

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OneMain Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001584207
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERSONAL CREDIT INSTITUTIONS [6141]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 463348401
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-296869
- **FILM NUMBER:** 261099864

**BUSINESS ADDRESS:**
- **STREET 1:** 601 N.W. SECOND STREET
- **CITY:** EVANSVILLE
- **STATE:** IN
- **ZIP:** 47708
- **BUSINESS PHONE:** (812) 424-8031

**MAIL ADDRESS:**
- **STREET 1:** 601 N.W. SECOND STREET
- **CITY:** EVANSVILLE
- **STATE:** IN
- **ZIP:** 47708

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Springleaf Holdings, Inc.
- **DATE OF NAME CHANGE:** 20131008

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Springleaf Holdings, LLC
- **DATE OF NAME CHANGE:** 20130809

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8** 

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

**_____________________**

**ONEMAIN HOLDINGS, INC.** 

(Exact name of registrant as specified in its charter)

**_____________________**

---

| | |
|:---|:---|
| **Delaware** | **27-3379612** |
| (State or other jurisdiction of incorporation) | (I.R.S. employer identification number) |

---

**601 N.W. Second Street, Evansville, IN 47708** 

(Address including zip code of Principal Executive Offices)

**OneMain Holdings, Inc. 2026 Omnibus Incentive Plan**

(Full title of the plans)

**Lily Fu Claffee**

**Executive Vice President, Chief Legal Officer & Corporate Secretary**

**OneMain Holdings, Inc.**

**601 N.W. Second Street**

**Evansville, IN 47708** 

**(812) 424-8031** 

(Name, address and telephone number, including area code, of agent for service)

**_____________________**

***Copy to:***

**Michael J. Schwartz, Esq.**

**Skadden, Arps, Slate, Meagher & Flom LLP**

**One Manhattan West**

**New York, NY 10001**

&nbsp;&nbsp;&nbsp;&nbsp;**(212) 735-3000**

**_____________________**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☑ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

------

**EXPLANATORY NOTE**

This registration statement on Form S-8 (this "Registration Statement") is being filed for the purpose of registering 9,842,876 shares of common stock, par value $0.01 per share ("Common Stock") of OneMain Holdings, Inc. (the "Registrant") that may be issued and sold pursuant to the OneMain Holdings, Inc. 2026 Omnibus Incentive Plan.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

The documents containing the information specified in Item 1 and Item 2 of Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) under the Securities Act. In accordance with the rules and regulations of the Securities and Exchange Commission (the "Commission") and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. Such documents, together with the documents incorporated by reference herein pursuant to Item 3 of Part II of this Registration Statement, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act, and are available upon written or oral request to: OneMain Holdings, Inc, Attn: Corporate Secretary, 601 NW Second Street, Evansville, IN 47708, Tel: (812) 424-8031.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

---

| | |
|:---|:---|
| **Item 3.** | **Incorporation of Documents by Reference.** |

---

The following documents have been filed by the Registrant with the Commission (File No. 001-36129) and are hereby incorporated by reference (other than information supplied in a Current Report on Form 8-K that is furnished and not filed and, except as may be noted in any such Form 8-K, exhibits filed on such form that are related to such information):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Commission on February 6, 2026;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Registrant's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed with the Commission on May 1, 2026; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The description of the Registrant's Common Stock, set forth under the heading, "Description of Common Stock" included in Exhibit 4.5 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the Commission on February 14, 2020, including any amendments or reports filed for the purpose of updating such description.

In addition, all documents subsequently filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of the filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed (whether before or after the date of this Registration Statement) in accordance with the rules of the Commission shall not be deemed incorporated by reference into this Registration Statement.

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein, (or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference herein), modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

---

| | |
|:---|:---|
| **Item 4.** | &nbsp;&nbsp;**Description of Securities.** |

---

Not applicable.

---

| | |
|:---|:---|
| **Item 5.** | &nbsp;&nbsp;**Interests of Named Experts and Counsel.** |

---

Not applicable.

------

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| | |
|:---|:---|
| **Item 6.** | &nbsp;&nbsp;**Indemnification of Directors and Officers** |

---

Section 102 of the Delaware General Corporation Law, as amended (the "DGCL"), allows a corporation to eliminate or limit the personal liability of a director or officer of a corporation to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director or officer, except liability for (1) a director or officer for a breach of the director or officer's duty of loyalty to the corporation or its stockholders, (2) a director or officer for acts or omissions not in good faith, or which involve intentional misconduct or a knowing violation of law, (3) a director under Section 174 of the DGCL (regarding, among other things, the authorization of the payment of a dividend or approval of a stock purchase or redemption in violation of Delaware corporate law as described further below. (4) a director or officer for any transaction from which the director or officer derived an improper personal benefit or (5) an officer, in any action by or in the right of the corporation..

Section 145 of the DGCL provides, among other things, that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding (other than an action by or in the right of the corporation) by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the corporation's request as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses, including attorneys' fees, judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with the action, suit or proceeding. The power to indemnify applies (i) if such person is successful on the merits or otherwise in defense of any action, suit or proceeding, or (ii) if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the corporation, and with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful. The power to indemnify applies to actions brought by or in the right of the corporation as well, but only to the extent of defense expenses, (including attorneys' fees but excluding amounts paid in settlement) actually and reasonably incurred by the indemnified person and not to any satisfaction of judgment or settlement of the claim itself, and with the further limitation that in such actions, no indemnification shall be made in the event such person is adjudged liable to the corporation, unless a court believes that in light of all the circumstances, indemnification should apply.

Section 174 of the DGCL provides, among other things, that a director who willfully and negligently approves of an unlawful payment of dividends or an unlawful stock purchase or redemption may be held liable for such actions. A director who was either absent when the unlawful actions were approved or dissented at the time, may avoid liability by causing his dissent to such actions to be entered in the books containing the minutes of the meetings of the board of directors at the time the action occurred or immediately after the absent director receives notice of the unlawful acts.

OneMain Holdings, Inc.'s ("OMH") Amended and Restated Certificate of Incorporation (the "Certificate of Incorporation") provides that no director or officer shall be personally liable to OMH or any of its stockholders for monetary damages for breach of fiduciary duty as a director or officer, except to the extent such exemption from liability or limitation thereof is not permitted under the DGCL as the same exists or may hereafter be amended. If the DGCL is amended hereafter to authorize the further elimination or limitation of, the liability of directors or officers, then the liability of, a director or officer of the Corporation shall be eliminated or limited to the fullest extent authorized by the DGCL, as so amended.

OMH's Certificate of Incorporation and Amended and Restated Bylaws (the "Bylaws") provide that OMH must indemnify its directors and officers to the fullest extent permitted by law. OMH is also expressly authorized to advance certain expenses (including attorneys' fees and disbursements and court costs) to its directors and officers and carry directors' and officers' insurance providing indemnification for our directors and officers for certain liabilities. OMH believes that these indemnification provisions and insurance are useful to attract and retain qualified directors and officers.

In addition, OMH has entered into separate indemnification agreements with certain of its directors and officers, which are broader than the specific indemnification provisions contained in the DGCL. These indemnification agreements require OMH, among other things, to indemnify its directors and officers against (i) any and all expenses and liabilities, including judgments, fines, penalties and amounts paid in settlement of any claim with our approval, and counsel fees and disbursements, (ii) any liability pursuant to a loan guarantee, or otherwise, for any of our indebtedness, and (iii) any liabilities incurred as a result of acting on our behalf (as a fiduciary or otherwise) in connection with an employee benefit plan.

---

| | |
|:---|:---|
| **Item 7.** | &nbsp;&nbsp;**Exemption from Registration Claimed.** |

---

Not applicable.

------

---

| | |
|:---|:---|
| **Item 8.** | &nbsp;&nbsp;**Exhibits.** |

---

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| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| <u>[4.1](https://www.sec.gov/Archives/edgar/data/1584207/000158420725000028/omf-amendedandrestatedcert.htm)</u> | <u>[Amended and Restated Certificate of Incorporation of OneMain Holdings, Inc. Incorporated by reference to Exhibit 3.1 to OMH's Current Report on Form 8-K filed on June 10, 2025.](https://www.sec.gov/Archives/edgar/data/1584207/000158420725000028/omf-amendedandrestatedcert.htm)</u> |
| <u>[4.2](https://www.sec.gov/Archives/edgar/data/1584207/000158420723000019/omf-amendedandrestatedbyla.htm)</u> | <u>[Amended and Restated Bylaws of OneMain Holdings, Inc. Incorporated by reference to Exhibit 3.1 to OMH's Current Report on Form 8-K filed on June 15, 2023.](https://www.sec.gov/Archives/edgar/data/1584207/000158420723000019/omf-amendedandrestatedbyla.htm)</u> |
| <u>[5.1\*](omhexhibit51s-82026.htm)</u> | <u>[Opinion of Skadden, Arps, Slate, Meagher & Flom LLP.](omhexhibit51s-82026.htm)</u> |
| <u>[23.1\*](omhexhibit231s-82026.htm)</u> | <u>[Consent of Independent Registered Public Accounting Firm.](omhexhibit231s-82026.htm)</u> |
| <u>[23.2\*](omhexhibit51s-82026.htm)</u> | <u>[Consent of Skadden, Arps, Slate, Meagher & Flom LLP (contained in Exhibit 5.1 to this Registration Statement).](omhexhibit51s-82026.htm)</u> |
| <u>[24.1\*](#i5bfc8779f5a64ea9979fd41e52191060_16)</u> | <u>[Power of Attorney (contained in the signature pages of this Registration Statement).](#i5bfc8779f5a64ea9979fd41e52191060_16)</u> |
| <u>[99.1](https://www.sec.gov/ix?doc=/Archives/edgar/data/1584207/000158420726000012/omf-20260429.htm#i6fc8e011a7e04c1bbada4c818c99366b_510)</u> | <u>[OneMain Holdings, Inc. 2026 Omnibus Incentive Plan (filed with the Commission on April 29, 2026 as Appendix B to the Registrant's 2026 Definitive Proxy Statement, (Commission File No. 001-36129) and incorporated herein by reference).](https://www.sec.gov/ix?doc=/Archives/edgar/data/1584207/000158420726000012/omf-20260429.htm#i6fc8e011a7e04c1bbada4c818c99366b_510)</u> |
| <u>[1](exfilingfees.htm)[0](exfilingfees.htm)[7\*](exfilingfees.htm)</u> | <u>[Filing Fee Tab](exfilingfees.htm)[le](exfilingfees.htm)</u> |

---

\* Filed herewith.

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| | |
|:---|:---|
| **Item 9.** | &nbsp;&nbsp;**Undertakings.** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Evansville, State of Indiana, on June 17, 2026.

---

| | |
|:---|:---|
| | OneMain Holdings, Inc. |
| By: | /s/ Jeannette E. Osterhout |
| Name: | Jeannette E. Osterhout |
| Title: | Executive Vice President and Chief Financial Officer |

---

------

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS that the individuals whose signatures appear below constitute and appoint each of Douglas H. Shulman, Jeannette E. Osterhout and Lily Fu Claffee to be their lawful attorneys-in-fact and agents with full and several powers of substitution, in their names, places and steads and on their behalves, and in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement and to file the same, with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto each said attorney-in-fact and agent full power and authority to do and perform each and every act and thing which said attorney-in-fact and agent may deem necessary or advisable to be done or performed in connection with any or all of the above described matters, as fully as each of the undersigned could do if personally present and acting, hereby ratifying and confirming all that each attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Douglas H. Shulman | President, Chief Executive Officer and Chairman of the Board | June 17, 2026 |
| Douglas H. Shulman | (Principal Executive Officer) |  |
| /s/ Jeannette E. Osterhout | Executive Vice President and Chief Financial Officer | June 17, 2026 |
| Jeannette E. Osterhout | (Principal Financial Officer) |  |
| /s/ Michael A. Hedlund | Senior Vice President and Group Controller | June 17, 2026 |
| Michael A. Hedlund | (Principal Accounting Officer) |  |
| /s/ Philip L. Bronner | Director | June 17, 2026 |
| Philip L. Bronner |  |  |
| /s/ Phyllis R. Caldwell | Director | June 17, 2026 |
| Phyllis R. Caldwell |  |  |
| /s/ Toos N. Daruvala | Director | June 17, 2026 |
| Toos N. Daruvala |  |  |
| /s/ Roy A. Guthrie | Director | June 17, 2026 |
| Roy A. Guthrie |  |  |
| /s/ Christopher A. Halmy | Director | June 17, 2026 |
| Christopher A. Halmy |  |  |
| /s/ Andrew D. Macdonald | Director | June 17, 2026 |
| Andrew D. Macdonald |  |  |
| /s/ Richard A. Smith | Director | June 17, 2026 |
| Richard A. Smith |  |  |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? exfilingfees

**Exhibit 107** 

**CALCULATION OF FILING FEE TABLE** 

**FORM S-8** 

(Form Type)

**OneMain Holdings, Inc.** 

(Exact Name of Registrant as Specified in its Charter)

**<u>Table I: Newly Registered Securities</u>**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Fee<br>Calculation<br>Rule** | **Amount<br>Registered (1)** | **Proposed<br>Maximum<br>Offering<br>Price Per<br>Unit (2)** | **Maximum<br>Aggregate Offering<br>Price** | **Fee**<br>**Rate** | **Amount of<br>Registration<br>Fee** |
| Equity | Common Stock, par value $0.01 per share | 457(a) | 9842876 | $55.08 | $542145610.08 | 0.0001381 | $74870.31 |
| **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** |  |  | $542145610.08 |  | $74870.31 |
| **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** |  |  |  |  |  |
| **Net Fee Due** | **Net Fee Due** | **Net Fee Due** |  |  |  |  | $74870.31 |

---

(1) This Registration Statement on Form S-8 (this "Registration Statement") relates to an aggregate of 9,842,876 shares of common stock, par value $0.01 per share ("Common Stock"), of OneMain Holdings, Inc. (the "Registrant") issuable pursuant to the OneMain Holdings, Inc. 2026 Omnibus Incentive Plan (the "Plan"). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional shares of Common Stock that become issuable under the Plan by reason of any stock dividend, stock split or other similar transaction. This Registration Statement also relates to an indeterminate number of additional shares of Common Stock that may be issued pursuant to anti-dilution and other adjustment provisions of the Plan.

(2) Estimated solely for purposes of calculating the registration fee. This estimate has been computed in accordance with Rules 457(c) and 457(h) of the Securities Act and is calculated based upon the average of the high and low sales prices of the Common Stock, as reported on the New York Stock Exchange on June 10, 2026.

## Exhibit 5.1

SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP

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| | |
|:---|:---|
| ONE MANHATTAN WEST |  |
| NEW YORK, NY 10001 | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
| **________** | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
| TEL: (212) 735-3000 | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
| FAX: (212) 735-2000 | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
| www.skadden.com | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
|  | FIRM/AFFILIATE<br>OFFICES-----------<br>BOSTON<br>CHICAGO<br>HOUSTON<br>LOS ANGELES<br>PALO ALTO<br>WASHINGTON, D.C.<br>WILMINGTON-----------<br>ABU DHABI<br>BEIJING<br>BRUSSELS<br>FRANKFURT<br>HONG KONG<br>LONDON<br>MUNICH<br>PARIS<br>SÃO PAULO<br>SEOUL<br>SINGAPORE<br>TOKYO<br>TORONTO |
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OneMain Holdings, Inc.<br>601 N.W. Second Street

Evansville, IN 47708

Re: <u>OneMain Holdings, Inc. Registration Statement on Form S-8</u>

Ladies and Gentlemen:

We have acted as special United States counsel to OneMain Holdings, Inc., a Delaware corporation (the "Company"), in connection with the Company's Registration Statement on Form S-8 (together with the exhibits thereto, the "Registration Statement") to be filed on the date hereof with the Securities and Exchange Commission (the "Commission") under the Securities Act of 1933 (the "Securities Act"), relating to the registration of 9,842,876 shares (the "Shares") of the Company's common stock, par value $0.01 per share (the "Common Stock"), available for future issuance under the 2026 OneMain Holdings, Inc. Omnibus Incentive Plan (the "Plan").

This opinion letter is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act.

In rendering the opinion stated herein, we have examined the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;the Registration Statement in the form to be filed with the Commission on the date hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;an executed copy of a certificate of Lily Fu Claffee, Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company, dated the date hereof (the "Secretary's Certificate");

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;a copy of the Plan, certified pursuant to the Secretary's Certificate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;a copy of the Company's Amended and Restated Certificate of Incorporation, as amended ("Certificate of Incorporation"), certified by the Secretary of State of the State of Delaware as of June 17, 2026, and certified pursuant to the Secretary's Certificate as being in effect on the date of the resolutions referred to below and as of the date hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;a copy of the Company's Amended and Restated Bylaws, as amended ("Bylaws"), certified pursuant to the Secretary's Certificate as being in effect on the date of the resolutions referred to below and as of the date hereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;copies of certain resolutions of the Board of Directors of the Company relating to the approval of the Plan and certain related matters, certified pursuant to the Secretary's Certificate.

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such records of the Company and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company and others, and such other documents as we have deemed necessary or appropriate as a basis for the opinion stated below.

In our examination, we have assumed the genuineness of all signatures, including electronic signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photocopied copies, and the authenticity of the originals of such copies. In making our examination of executed documents, we have assumed that the parties thereto, other than the Company, had the power, corporate or other, to enter into and perform all obligations thereunder and have also assumed the due authorization by all requisite action, corporate or other, and the execution and delivery by such parties of such documents and the validity and binding effect thereof on such parties. As to any facts relevant to the opinion stated herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Company and others and of public officials, including the facts and conclusions set forth in the Company's Certificate of Incorporation and the Secretary's Certificate.

In rendering the opinion set forth below, we have also assumed that (i) the Shares will be issued in book-entry form and an appropriate account statement evidencing the Shares credited to a recipient's account maintained with the Company's transfer agent and registrar will be issued by the Company's transfer agent and registrar, (ii) each award agreement under which options, stock appreciation rights, restricted stock, restricted stock units, stock bonuses, other stock-based awards and certain other awards are granted pursuant to the Plan will be consistent with the Plan and will be duly authorized, executed and delivered by the parties thereto, and (iii) the Company's issuance of the Shares does not and will not (a) except to the extent expressly stated in the opinions contained herein, violate any statute to which the Company or such issuance is

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subject, or (b) constitute a violation of, or a breach under, or require the consent or approval of any other person under, any agreement or instrument binding on the Company (except that we do not make this assumption with respect to the Certificate of Incorporation and the Bylaws although we have assumed compliance with any covenant, restriction or provision with respect to financial ratios or tests or any aspect of the financial condition or results of operations of the Company contained in such instruments) and that the Company will continue to have sufficient authorized shares of Common Stock, and (iv) the Company's authorized capital stock is as set forth in the Certificate of Incorporation and we have relied solely on the certified copy thereof issued by the Secretary of State of the State of Delaware and have not made any other inquiries or investigations.

We do not express any opinion with respect to the laws of any jurisdiction other than the General Corporation Law of the State of Delaware (the "<u>DGCL</u>").

Based upon the foregoing and subject to the qualifications and assumptions stated herein, we are of the opinion that the Shares have been duly authorized by all requisite corporate action on the part of the Company under the DGCL and, when the Shares are issued to the Plan participants in accordance with the terms and conditions of the Plan and the applicable award agreement for consideration in an amount at least equal to the par value of such Shares, the Shares will be validly issued, fully paid and nonassessable.

We hereby consent to the filing of this opinion letter with the Commission as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we are included in the category of persons whose consent is required under Section 7 of the Securities Act or the general Rules and Regulations under the Securities Act. This opinion letter is expressed as of the date hereof unless otherwise expressly stated, and we disclaim any undertaking to advise you of any subsequent changes in the facts stated or assumed herein or of any subsequent changes in applicable laws.

Very truly yours,

/s/ Skadden, Arps, Slate, Meagher & Flom LLP

## Exhibit 23.1

<u>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</u>

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of OneMain Holdings, Inc. of our report dated February 6, 2026 relating to the financial statements, and the effectiveness of internal control over financial reporting, which appears in OneMain Holdings, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2025.

/s/ PricewaterhouseCoopers LLP

Dallas, Texas

June 17, 2026

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