Altisource Portfolio Solutions (NASDAQ: ASPS) director trades 20,000 warrants
Rhea-AI Filing Summary
Altisource Portfolio Solutions S.A. director Joseph L. Morettini reported selling a total of 20,000 derivative Stakeholder Warrants on August 5, 2026, in open-market transactions. He sold 10,000 Cash Exercise Stakeholder Warrants (ASPSZ) at $0.28 per warrant, leaving 21,688 ASPSZ warrants, and 10,000 Net Settle Stakeholder Warrants (ASPSW) at $0.41 per warrant, leaving 90,000 ASPSW warrants. Each Stakeholder Warrant is exercisable into 0.20313 shares of Altisource common stock, and each reported transaction covers 2,031.3 underlying common shares. The filing indicates these trades were not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MORETTINI JOSEPH L
Role
Director
Sold
20,000 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) F1, F2 | 10,000 | $0.28 | $3K |
| Sale | Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) F3, F4 | 10,000 | $0.41 | $4K |
Holdings After Transaction:
Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) — 21,688 shares (Direct);
Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) — 90,000 shares (Direct)
Footnotes (4)
- F1. Reflects an open market sale of Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ).
- F2. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
- F3. Reflects an open market sale of ASPS Net Settle Stakeholder Warrants (ASPSW).
- F4. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
Key Figures
Cash Exercise Warrants sold: 10,000 warrants
Sale price ASPSZ warrants: $0.28 per warrant
Cash Exercise Warrants remaining: 21,688 warrants
+4 more
7 metrics
Cash Exercise Warrants sold
10,000 warrants
Cash Exercise Stakeholder Warrants (ASPSZ) sold on August 5, 2026
Sale price ASPSZ warrants
$0.28 per warrant
Open-market sale price for 10,000 Cash Exercise Stakeholder Warrants
Cash Exercise Warrants remaining
21,688 warrants
ASPSZ warrants held directly after the reported sale
Net Settle Warrants sold
10,000 warrants
Net Settle Stakeholder Warrants (ASPSW) sold on August 5, 2026
Sale price ASPSW warrants
$0.41 per warrant
Open-market sale price for 10,000 Net Settle Stakeholder Warrants
Net Settle Warrants remaining
90,000 warrants
ASPSW warrants held directly after the reported sale
Underlying shares per warrant
0.20313 shares
Each Stakeholder Warrant exercisable into 0.20313 shares of ASPS common stock
Key Terms
Cash Exercise Stakeholder Warrants, Net Settle Stakeholder Warrants, open market sale
3 terms
Cash Exercise Stakeholder Warrants financial
"Reflects an open market sale of Altisource Portfolio Solutions S.A. Cash Exercise Stakeholder Warrants (ASPSZ)."
Net Settle Stakeholder Warrants financial
"Reflects an open market sale of ASPS Net Settle Stakeholder Warrants (ASPSW)."
open market sale financial
"Reflects an open market sale of Altisource Portfolio Solutions S.A. Cash Exercise Stakeholder Warrants."
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Altisource (ASPS) report for director Joseph L. Morettini?
Altisource reported that director Joseph L. Morettini sold 20,000 Stakeholder Warrants on August 5, 2026. This included 10,000 Cash Exercise Warrants (ASPSZ) and 10,000 Net Settle Warrants (ASPSW), both in open-market transactions, as disclosed in the Form 4.
At what prices were the ASPSZ and ASPSW warrants sold in the Altisource (ASPS) Form 4?
The Form 4 shows sales of 10,000 Cash Exercise Stakeholder Warrants (ASPSZ) at $0.28 per warrant and 10,000 Net Settle Stakeholder Warrants (ASPSW) at $0.41 per warrant. Both were recorded as open-market sales of derivative securities.
How many Altisource (ASPS) Stakeholder Warrants does Joseph L. Morettini hold after these sales?
After the reported transactions, Morettini holds 21,688 Cash Exercise Stakeholder Warrants (ASPSZ) and 90,000 Net Settle Stakeholder Warrants (ASPSW). These figures are reported as his direct beneficial holdings following the August 5, 2026 warrant sales.
Were the reported Altisource (ASPS) warrant sales made under a Rule 10b5-1 trading plan?
The filing indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is shown as unchecked, and the footnotes describe the events simply as open-market sales of Stakeholder Warrants.