Altisource director granted 19,215 RSUs
MORETTINI JOSEPH L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MORETTINI JOSEPH L reported acquisition or exercise transactions in this Form 4 filing.
ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported an equity compensation grant. On May 21, 2026, he received 19,215 restricted share units (RSUs) as compensation for his service as a non-management director for the 2026–2027 service year.
Each RSU represents a contingent right to receive one share of Altisource common stock. The RSUs will vest on the date of the Company’s 2027 Annual General Meeting of Shareholders if he attends at least 75% of all Board and Committee meetings on which he serves. Following this award, he directly holds 57,185 shares of common stock, including 19,215 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,215 | $0.00 | $0.00 |
Footnotes (2)
- F1. On May 21, 2026, Mr. Morettini received 19,215 restricted share units ("RSUs") as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A. ("ASPS" or the "Company") for the 2026 to 2027 service year. Each RSU represents a contingent right to receive one share of ASPS Common Stock. The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders, provided that Mr. Morettini attends at least 75% of all Board and Committee meetings on which he serves.
- F2. Includes 19,215 unvested RSUs.
Key Figures
Key Terms
non-management director financial
contingent right financial
Board and Committee meetings financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Altisource (ASPS) director Joseph L. Morettini report on this Form 4?
How many Altisource (ASPS) RSUs were granted to Joseph L. Morettini?
What are the vesting conditions for Joseph L. Morettini’s 19,215 Altisource (ASPS) RSUs?
Is Joseph L. Morettini’s Altisource (ASPS) transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.