Altisource CLO nets 16,458 shares from RSU vesting
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
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Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chief Legal/Compliance Officer Gregory J. Ritts reported equity award activity tied to restricted share units. On February 19, 2026, 31,115 RSUs vested into the same number of shares of common stock under the Altisource 2009 Equity Incentive Plan.
Of those vested shares, 14,657 shares of common stock were withheld to cover tax obligations, and 16,458 shares were delivered to Mr. Ritts. Following these transactions, he directly owned 50,463 shares of common stock, and the reported holdings also include 19,666 RSUs. An additional 62,229 RSUs from the same award are scheduled to vest in two installments on February 19, 2027 and February 19, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 31,115 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,115 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,657 | $0.00 | $0.00 |
Footnotes (3)
- F1. Mr. Ritts received 31,115 shares of ASPS common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2009 Equity Incentive Plan. The remaining 62,229 RSUs from such award are scheduled to vest in two installments on the second and third anniversaries of the grant date (i.e., February 19, 2027 and February 19, 2028.
- F2. Of the 31,115 RSUs that vested, 14,657 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 16,458 shares of ASPS common stock to Mr. Ritts. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 19, 2026.
- F3. Includes 19,666 RSUs.
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What insider transaction did Altisource (ASPS) officer Gregory Ritts report?
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