Altisource CEO trust buys 3,511 shares at $6.02
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chair and CEO William B. Shepro, through the William B. Shepro Revocable Trust, made an open-market purchase of 3,511 shares of common stock. The weighted average price was $6.02 per share, with trades between $5.80 and $6.10. Following this transaction and a one-share rounding adjustment tied to the company’s 2025 reverse stock split, the trust beneficially owns 236,750 shares.
Insider Trade Summary
Net Buyer: 3,511 shares
Net Buy
1 txn
Insider
Shepro William B
Role
Chair and CEO
Bought
3,511 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,511 | $6.02 | $21K |
Holdings After Transaction:
Common Stock — 236,750 shares (Indirect, William B. Shepro Revocable Trust)
Footnotes (2)
- F1. The reported price is a weighted average purchase price. The shares were purchased in multiple open market transactions at prices ranging from $5.80 to $6.10, inclusive.
- F2. The shares beneficially owned following the reported transaction reflect a one-share adjustment from previously reported amounts due to rounding in connection with the Company's 2025 reverse stock split. Mr. Shepro's most recent filing reflected 233,240 shares; the corrected pre-transaction balance is 233,239 shares.
Key Figures
Shares purchased: 3,511 shares
Weighted average price: $6.02 per share
Trade price range: $5.80–$6.10 per share
+2 more
5 metrics
Shares purchased
3,511 shares
Open-market purchase on 2026-05-22
Weighted average price
$6.02 per share
Price for 3,511-share purchase
Trade price range
$5.80–$6.10 per share
Multiple open-market transactions
Shares owned after
236,750 shares
Beneficially owned by revocable trust after transaction
Corrected pre-transaction balance
233,239 shares
Adjusted for rounding from 2025 reverse stock split
Key Terms
open-market purchase, weighted average purchase price, reverse stock split, beneficially owned, +1 more
5 terms
open-market purchase financial
"The shares were purchased in multiple open market transactions at prices ranging"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"The reported price is a weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
reverse stock split financial
"due to rounding in connection with the Company's 2025 reverse stock split."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially owned financial
"The shares beneficially owned following the reported transaction reflect a one-share adjustment"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Revocable Trust financial
"nature_of_ownership": "William B. Shepro Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ASPS Chair and CEO William B. Shepro report?
William B. Shepro reported an open-market purchase of 3,511 Altisource common shares. The transaction was executed through his revocable trust at a weighted average price of $6.02 per share, reflecting additional indirect ownership in the company.
Was the ASPS insider transaction a direct or indirect holding for William B. Shepro?
The transaction reflects indirect ownership for William B. Shepro. The 3,511 purchased shares, and the total 236,750 shares reported after the transaction, are held through the William B. Shepro Revocable Trust, as indicated by the ownership code and description.
AI-generated analysis. How Rhea-AI works. Not financial advice.
