Altisource (ASPS) CEO reports RSU vesting, tax withholding and share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chairman and CEO William B. Shepro reported multiple equity compensation changes on February 20, 2026. He received 5,877 shares of common stock upon vesting of previously granted time-based restricted share units (RSUs), with 2,173 shares withheld to cover taxes and 3,704 shares delivered to him.
On the same date, 3,256 additional RSUs vested into common stock, and Shepro continues to hold 12,500 RSUs directly. Footnotes note that 3,256 RSUs are scheduled to vest on February 20, 2027. He also transferred 3,704 shares by gift from his direct ownership to the William B. Shepro Revocable Trust, which now holds 223,980 shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,877 shares exercised/converted
Mixed
7 txns
Insider
Shepro William B
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,256 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,621 | $0.00 | -- |
| Exercise | Common Stock | 5,877 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,173 | $0.00 | -- |
| Gift | Common Stock | 3,704 | $0.00 | -- |
| Gift | Common Stock | 3,704 | $0.00 | -- |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 3,256 shares (Direct);
Common Stock — 5,877 shares (Direct);
Common Stock — 223,980 shares (Indirect, William B. Shepro Revocable Trust)
Footnotes (1)
- Mr. Shepro received 5,877 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2024 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP"). Of the 5,877 RSUs that vested, 2,173 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 3,704 shares of ASPS common stock to Mr. Shepro. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 20, 2026. Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 3,704 shares of ASPS common stock acquired upon the vesting of RSUs under the Altisource 2009 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of ASPS common stock. Mr. Shepro received 3,256 shares of ASPS common stock upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan and 2024 LTIP. The remaining 3,256 RSUs are scheduled to vest on the third anniversary of the grant date (i.e., February 20, 2027). Represents the final vesting of time-based RSUs granted to Mr. Shepro on February 20, 2024 pursuant to the 2023 AIP.
FAQ
What insider transactions did ASPS CEO William Shepro report on February 20, 2026?
William Shepro reported RSU vesting, tax withholding, and a share transfer on February 20, 2026. 5,877 RSU-based shares vested, 2,173 shares were withheld for taxes, and 3,704 shares were delivered then gifted to his revocable trust.
How many Altisource RSUs does William Shepro still hold after these transactions?
After the reported transactions, Shepro holds 12,500 RSUs directly. Footnotes state that 3,256 RSUs vested on February 20, 2026, and another 3,256 RSUs are scheduled to vest on February 20, 2027, subject to the original award terms.
What does each RSU represent in William Shepro’s Altisource equity awards?
Each RSU represents a contingent right to receive one share of ASPS common stock. Vesting of these RSUs converts the units into actual shares, as reflected by the 5,877 and 3,256 RSUs that vested into common stock in this Form 4 filing.