Altisource director sells 21,354 ASPS warrants
ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported open-market sales of a total of 21,354 derivative warrants linked to ASPS common stock.
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Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported open-market sales of a total of 21,354 derivative warrants linked to ASPS common stock. He sold 18,322 Net Settle Stakeholder Warrants at a weighted-average price of $0.4061 and 3,032 Cash Exercise Stakeholder Warrants at a weighted-average price of $0.2478.
Each Cash Exercise and Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS common stock. After these transactions, he continued to hold 133,350 Net Settle Stakeholder Warrants and 148,541 Cash Exercise Stakeholder Warrants directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Net Settle Stakeholder Warrants (ASPSW) | 18,322 | $0.4061 | $7K |
| Sale | Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) | 3,032 | $0.2478 | $751.33 |
Footnotes (4)
- F1. Reflects an open market sale of 3,032 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ) in multiple transactions at prices ranging from $0.2453 to $0.2533 per warrant, resulting in a weighted-average sale price of $0.2478 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer.
- F2. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
- F3. Reflects an open market sale of 18,322 Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) in multiple transactions at prices ranging from $0.3921 to $0.4156 per warrant, resulting in a weighted-average sale price of $0.4061 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer.
- F4. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
Key Figures
Key Terms
Cash Exercise Stakeholder Warrants financial
Net Settle Stakeholder Warrants financial
weighted-average sale price financial
open market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ASPS director Joseph L. Morettini report?
What types of derivative securities did the ASPS insider sell?
How many Altisource stakeholder warrants were sold in each transaction?
What prices did Altisource director Joseph L. Morettini receive for the warrants?
How many Altisource warrants does the insider hold after these sales?
What do the Form 4 footnotes reveal about the ASPS warrant sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.