Altisource grants RSUs to legal chief Ritts
ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported that Chief Legal/Compliance Officer Gregory J. Ritts acquired 19,779 shares of Common Stock through a grant of time-based restricted stock units (RSUs) under the Company’s 2025 Annual Incentive Plan.
Rhea-AI Filing Summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported that Chief Legal/Compliance Officer Gregory J. Ritts acquired 19,779 shares of Common Stock through a grant of time-based restricted stock units (RSUs) under the Company’s 2025 Annual Incentive Plan.
Each RSU represents a contingent right to one share of Common Stock. According to the award terms, 70% of the RSUs will vest on February 24, 2027, and the remaining 30% will vest on May 21, 2028. After this grant, Ritts directly holds 69,529 shares of Common Stock, which include 23,712 unvested RSUs governed by the Company’s 2009 Equity Incentive Plan and the applicable award agreement.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,779 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Ritts pursuant to the Company's 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 70% of the RSUs will vest on February 24, 2027, and the remaining 30% of the RSUs will vest on the second anniversary of the grant date (i.e., May 21, 2028). All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement.
- F2. Includes 23,712 unvested RSUs.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2025 Annual Incentive Plan financial
2009 Equity Incentive Plan financial
Grant, award, or other acquisition regulatory
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