Altisource (ASPS) director Morettini sells 18,500 stakeholder warrants in open market
Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported open-market sales of a total of 18,500 stakeholder warrants tied to the company’s common stock. On August 12, 2026, he sold 12,400 Cash Exercise Stakeholder Warrants (ASPSZ) at a weighted-average price of $0.2319 per warrant and 1,100 Net Settle Stakeholder Warrants (ASPSW) at $0.3776 per warrant. On August 13, 2026, he sold an additional 5,000 Cash Exercise Stakeholder Warrants at $0.25 per warrant. Following the Net Settle warrant sale, he directly held 88,900 Net Settle Stakeholder Warrants, and each Cash Exercise and Net Settle warrant is exercisable into 0.20313 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MORETTINI JOSEPH L
Role
Director
Sold
18,500 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) F4, F2 | 5,000 | $0.25 | $1K |
| Sale | Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) F1, F2 | 12,400 | $0.2319 | $3K |
| Sale | Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) F3, F2 | 1,100 | $0.3776 | $415.36 |
Holdings After Transaction:
Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) — 88,900 shares (Direct);
Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) — 4,288 shares (Direct)
Footnotes (4)
- F1. Reflects the open market sale of 12,400 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ) in multiple transactions executed at prices ranging from $0.23 to $0.25 per warrant, resulting in a weighted-average sale price of $0.2319 per warrant. Upon request, the reporting person will provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of warrants sold at each separate price.
- F2. Each Cash Exercise Stakeholder Warrant (ASPSZ) and Net Settle Stakeholder Warrant (ASPSW) is exercisable into 0.20313 shares of ASPS common stock.
- F3. Reflects the open market sale of 1,100 Net Settle Stakeholder Warrants (ASPSW).
- F4. Reflects the open market sale of 5,000 Cash Exercise Stakeholder Warrants (ASPSZ).
Key Figures
Cash Exercise Warrants sold 2026-08-12: 12,400 warrants at $0.2319 per warrant
Cash Exercise Warrants sold 2026-08-13: 5,000 warrants at $0.25 per warrant
Net Settle Warrants sold 2026-08-12: 1,100 warrants at $0.3776 per warrant
+2 more
5 metrics
Cash Exercise Warrants sold 2026-08-12
12,400 warrants at $0.2319 per warrant
Open-market sale of ASPSZ Cash Exercise Stakeholder Warrants with weighted-average price
Cash Exercise Warrants sold 2026-08-13
5,000 warrants at $0.25 per warrant
Open-market sale of ASPSZ Cash Exercise Stakeholder Warrants
Net Settle Warrants sold 2026-08-12
1,100 warrants at $0.3776 per warrant
Open-market sale of ASPSW Net Settle Stakeholder Warrants
Net Settle Warrants held after sale
88,900 warrants
Directly held ASPSW Net Settle Stakeholder Warrants following the 1,100-warrant sale
Warrant-to-share ratio
0.20313 shares per warrant
Each Cash Exercise and Net Settle Stakeholder Warrant exercisable into common stock
Key Terms
Cash Exercise Stakeholder Warrants, Net Settle Stakeholder Warrants, weighted-average sale price
3 terms
Cash Exercise Stakeholder Warrants financial
"Reflects the open market sale of 12,400 Altisource Portfolio Solutions S.A. Cash Exercise Stakeholder Warrants"
Net Settle Stakeholder Warrants financial
"Reflects the open market sale of 1,100 Net Settle Stakeholder Warrants (ASPSW)."
weighted-average sale price financial
"executed at prices ranging from $0.23 to $0.25 per warrant, resulting in a weighted-average sale price"
FAQ
What did ASPS director Joseph L. Morettini report in this Form 4?
Joseph L. Morettini reported open-market sales of 18,500 stakeholder warrants of Altisource Portfolio Solutions S.A., including both Cash Exercise Stakeholder Warrants (ASPSZ) and Net Settle Stakeholder Warrants (ASPSW) over two days in August 2026.
How many Altisource (ASPS) Cash Exercise Stakeholder Warrants were sold and at what prices?
Morettini sold 12,400 Cash Exercise Stakeholder Warrants on August 12, 2026 at a weighted-average price of $0.2319 per warrant and 5,000 more on August 13, 2026 at $0.25 per warrant.
What Net Settle Stakeholder Warrants (ASPSW) transactions did the ASPS director report?
He reported an open-market sale of 1,100 Net Settle Stakeholder Warrants (ASPSW) on August 12, 2026 at a price of $0.3776 per warrant, leaving 88,900 Net Settle warrants directly held afterward.
How many Net Settle Stakeholder Warrants does the ASPS director hold after these sales?
After selling 1,100 Net Settle Stakeholder Warrants (ASPSW), Morettini directly holds 88,900 Net Settle Stakeholder Warrants, according to the reported post-transaction derivative holdings figure.
What is the common stock coverage of each ASPS stakeholder warrant sold?
Each Cash Exercise Stakeholder Warrant (ASPSZ) and Net Settle Stakeholder Warrant (ASPSW) is exercisable into 0.20313 shares of Altisource Portfolio Solutions S.A. common stock, as disclosed in the warrant terms.
Were these ASPS warrant sales under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a trading plan, so the reported warrant sales are not described as made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.