Altisource (ASPS) CEO Shepro shifts 6,300 shares to revocable trust
Filing Impact
Filing Sentiment
Form Type
4
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
Positive
- None.
Negative
- None.
Insider Trade Summary
12,600 shares gifted
Mixed
3 txns
Insider
Shepro William B
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Share Units | 3,700 | $0.00 | -- |
| Gift | Restricted Share Units | 6,300 | $0.00 | -- |
| Gift | Common Stock | 6,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 8,800 shares (Direct);
Common Stock — 230,280 shares (Indirect, William B. Shepro Revocable Trust)
Footnotes (1)
- 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. 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
What insider transactions did ASPS CEO William Shepro report on this Form 4?
William Shepro reported equity dispositions related to restricted share unit vesting and a gift. 3,700 Altisource shares were withheld for taxes and 6,300 shares were transferred by gift to his revocable trust, reflecting compensation and estate-planning activity rather than open-market trading.
Were any of William Shepro’s ASPS transactions open-market stock sales or purchases?
The reported transactions are not open-market sales or purchases. One transaction reflects shares withheld to cover taxes on restricted share unit vesting, and the others record bona fide gifts, including a transfer of 6,300 shares to the William B. Shepro Revocable Trust, keeping ownership within his affiliated entities.