Altisource legal chief covers taxes with shares
Altisource Portfolio Solutions’ Chief Legal/Compliance Officer Gregory J. Ritts had company shares withheld to cover taxes on vesting restricted share units, rather than selling stock on the market.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Altisource Portfolio Solutions’ Chief Legal/Compliance Officer Gregory J. Ritts had company shares withheld to cover taxes on vesting restricted share units, rather than selling stock on the market. A total of 5,821 shares were withheld and 9,912 shares were delivered to him, leaving 55,911 shares owned, including 6,826 RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,821 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock were withheld to satisfy Mr. Ritts' tax withholding obligation upon the vesting of previously reported time-based restricted share units, granted pursuant to the Company's 2024 Annual Incentive Plan. A total of 5,821 shares were withheld, and 9,912 shares were delivered to Mr. Ritts. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026.
- F2. Includes 6,826 RSUs.
FAQ
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What insider transaction did Altisource (ASPS) report for Gregory J. Ritts?
How was the tax withholding on Altisource (ASPS) RSUs calculated for this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.