Altisource CLO reports vesting of 31,115 RSUs
Altisource Portfolio Solutions Chief Legal/Compliance Officer Gregory J. Ritts reported equity award activity involving restricted share units.
Rhea-AI Filing Summary
Altisource Portfolio Solutions Chief Legal/Compliance Officer Gregory J. Ritts reported equity award activity involving restricted share units. On February 19, 2026, 31,115 RSUs vested, delivering 31,115 shares of common stock. Of these vested units, 11,512 shares were withheld to cover taxes, leaving 19,603 shares delivered to him. The filing notes 62,229 RSUs from the same award remain scheduled to vest in two installments on February 19, 2027 and February 19, 2028, and his reported holdings include 19,666 RSUs.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 31,115 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,115 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,512 | $0.00 | $0.00 |
Footnotes (3)
- F1. Mr. Ritts received 31,115 shares of ASPS common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2009 Equity Incentive Plan. The remaining 62,229 RSUs from such award are scheduled to vest in two installments on the second and third anniversaries of the grant date (i.e., February 19, 2027 and February 19, 2028.
- F2. Of the 31,115 RSUs that vested, 11,512 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 19,603 shares of ASPS common stock to Mr. Ritts. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 19, 2026.
- F3. Includes 19,666 RSUs.
FAQ
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What insider transaction did ASPS Chief Legal Officer Gregory Ritts report?
What future RSU vesting schedule was disclosed for ASPS executive Gregory Ritts?
Was Gregory Ritts’ Form 4/A for ASPS an open-market stock sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.