Altisource Portfolio Solutions (ASPS) director sells 99 cash exercise warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altisource Portfolio Solutions director Joseph L. Morettini reported a small open-market sale of derivative securities. On March 17, 2026, he sold 99 Cash Exercise Stakeholder Warrants at $0.24 per warrant, for an aggregate sale price of $23.76. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of Altisource common stock, so this transaction slightly reduced his potential future right to acquire common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 99 shares ($24)
Net Sell
1 txn
Insider
MORETTINI JOSEPH L
Role
Director
Sold
99 shs ($23.76)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Cash Exercise Stakeholder Warrants (Right to Buy) | 99 | $0.24 | $23.76 |
Holdings After Transaction:
Cash Exercise Stakeholder Warrants (Right to Buy) — 151,573 shares (Direct)
Footnotes (1)
- Reflects an open market sale of 99 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ) at $0.24 per warrant on March 17, 2026, for an aggregate sale price of $23.76. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
FAQ
What insider transaction did Joseph L. Morettini report at Altisource (ASPS)?
Joseph L. Morettini reported an open-market sale of 99 Cash Exercise Stakeholder Warrants in Altisource Portfolio Solutions. These derivative securities give the holder the right to buy common stock, so the sale reduces his future potential equity exposure slightly.
How many Altisource (ASPS) warrants did the director sell and at what price?
He sold 99 Cash Exercise Stakeholder Warrants at a price of $0.24 per warrant. The filing’s footnote states the aggregate sale price was $23.76, reflecting a relatively small-dollar transaction in these derivative securities.
When did the Altisource (ASPS) warrant sale by Joseph L. Morettini occur?
The sale occurred on March 17, 2026. On that date, Joseph L. Morettini executed an open-market transaction disposing of 99 Cash Exercise Stakeholder Warrants in Altisource Portfolio Solutions, as disclosed in his Form 4 insider trading report.
What are Cash Exercise Stakeholder Warrants reported in the Altisource (ASPS) Form 4?
Cash Exercise Stakeholder Warrants are derivative securities that give a right to buy Altisource common stock. Each warrant is exercisable into 0.20313 shares of common stock, according to the footnote, linking the derivative position to a smaller underlying equity exposure.
What was the total dollar value of the Altisource (ASPS) director’s warrant sale?
The total dollar value of the sale was $23.76. This figure comes from selling 99 Cash Exercise Stakeholder Warrants at $0.24 each, as stated directly in the filing’s footnote describing the open-market transaction.
Does the Altisource (ASPS) Form 4 involve common stock or only warrants?
The reported transaction involves Cash Exercise Stakeholder Warrants, which are derivative securities. Each warrant is exercisable into 0.20313 shares of Altisource common stock, so the filing concerns derivative exposure rather than a direct trade in common shares.