ASPS CEO reports tax and gift share transfers
Altisource Portfolio Solutions S.A. director and Chair/CEO William B. Shepro reported dispositions of company equity tied to restricted share unit vesting and estate planning.
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Rhea-AI Filing Summary
Altisource Portfolio Solutions S.A. director and Chair/CEO William B. Shepro reported dispositions of company equity tied to restricted share unit vesting and estate planning. On the vesting of previously granted restricted share units, 3,700 shares of common stock were withheld to cover his tax obligation, with 6,300 shares delivered to him.
He then transferred 6,300 shares of Altisource common stock by bona fide gift from his direct ownership to the William B. Shepro Revocable Trust
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Restricted Share Units | 3,700 | $0.00 | $0.00 |
| Gift | Restricted Share Units | 6,300 | $0.00 | $0.00 |
| Gift | Common Stock | 6,300 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock were withheld to satisfy Mr. Shepro's tax withholding obligation upon the vesting of previously reported time-based restricted share units, granted pursuant to the Company's 2024 Annual Incentive Plan. A total of 3,700 shares were withheld, and 6,300 shares were delivered to Mr. Shepro. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026.
- F2. Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 6,300 shares of ASPS common stock acquired upon the vesting of RSUs under the Altisource 2009 Equity Incentive Plan.
FAQ
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What insider transactions did ASPS CEO William Shepro report on this Form 4?
Were any of William Shepro’s ASPS transactions open-market stock sales or purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.