Altisource (ASPS) CFO RSU vesting leads to 4,394 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altisource Portfolio Solutions reported that Chief Financial Officer Michelle D. Esterman had 4,394 shares of common stock withheld to cover tax obligations when previously granted time-based RSUs vested under the 2024 Annual Incentive Plan. After this tax-withholding disposition, she beneficially owns 107,322 common shares, including 4,512 RSUs, and received 13,653 net shares from the vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esterman Michelle D.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,394 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 107,322 shares (Direct)
Footnotes (1)
- Shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock were withheld to satisfy Ms. Esterman's tax withholding obligation upon the vesting of previously reported time based restricted share units ("RSUs") granted pursuant to the Company's 2024 Annual Incentive Plan ("AIP"). A total of 4,394 shares were withheld, and 13,653 shares were delivered to Ms. Esterman. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026. Includes 4,512 RSUs.
FAQ
What insider transaction did Altisource (ASPS) report for CFO Michelle Esterman?
Altisource reported a tax-withholding disposition by CFO Michelle Esterman. 4,394 shares of common stock were withheld to satisfy taxes upon vesting of previously granted RSUs, with 13,653 shares delivered to her.
Was the Altisource (ASPS) CFO’s Form 4 transaction an open-market sale?
The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay Ms. Esterman’s tax obligation triggered by vesting of time-based RSUs under the 2024 Annual Incentive Plan.
What is the Altisource (ASPS) CFO’s ownership after this Form 4 transaction?
After the transaction, Ms. Esterman beneficially owns 107,322 shares of Altisource common stock. This figure includes 4,512 RSUs, reflecting both her stock and outstanding restricted share units reported in the filing.
How was the tax withholding for Altisource (ASPS) CFO’s RSUs calculated?
The tax withholding was calculated using the opening price of Altisource common stock on February 25, 2026. That price determined how many shares, specifically 4,394, were needed to satisfy Ms. Esterman’s tax obligation.