Altisource (ASPS) director receives 19,215 RSUs for 2026–2027 service
Rhea-AI Filing Summary
Altisource Portfolio Solutions S.A. director John G. Aldridge reported an equity compensation grant rather than an open-market trade. On May 21, 2026, he received 19,215 restricted share units (RSUs) as compensation for his 2026–2027 service as a non-management director. Each RSU can convert into one share of common stock and will vest on the date of the Company’s 2027 Annual General Meeting of Shareholders if he attends at least 75% of Board and Committee meetings. Following this grant, his directly held common stock (including unvested RSUs) totals 57,502 shares.
Positive
- None.
Negative
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Insights
Director received routine RSU compensation grant, not an open-market purchase.
Director John G. Aldridge was granted 19,215 restricted share units as compensation for serving on the Board for the 2026–2027 service year. The grant price is listed as $0.0000 because it is an award, not a cash transaction.
The RSUs vest at the Company’s 2027 Annual General Meeting of Shareholders, contingent on at least 75% attendance at Board and Committee meetings. After the award, he holds 57,502 common shares directly, including 19,215 unvested RSUs, indicating a routine alignment of director pay with shareholder interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,215 | $0.00 | -- |
Footnotes (1)
- On May 21, 2026, Mr. Aldridge received 19,215 restricted share units ("RSUs") as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A. ("ASPS" or the "Company") for the 2026 to 2027 service year. Each RSU represents a contingent right to receive one share of ASPS Common Stock. The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders, provided that Mr. Aldridge attends at least 75% of all Board and Committee meetings on which he serves. Includes 19,215 unvested RSUs.