Altisource (ASPS) legal chief receives net 723 shares in RSU vesting
Rhea-AI Filing Summary
Altisource Portfolio Solutions S.A. Chief Legal/Compliance Officer Gregory J. Ritts received 1,145 shares of common stock on March 20, 2026 from vesting restricted share units under the 2023 long-term incentive plan. Of these, 422 shares were withheld for taxes, so he received 723 shares net and now holds 49,750 shares directly. The vested awards represent final vestings of time-based, performance-based, and performance- and market-based RSUs granted in 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 520 | $0.00 | -- |
| Exercise | Restricted Share Units | 313 | $0.00 | -- |
| Exercise | Restricted Share Units | 312 | $0.00 | -- |
| Exercise | Common Stock | 1,145 | $0.00 | -- |
| Tax Withholding | Common Stock | 422 | $0.00 | -- |
Footnotes (1)
- Mr. Ritts received 1,145 shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2023 Long Term Incentive Plan ("LTIP"). Of the RSUs vesting into shares, 422 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Ritts of 723 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2026. Includes 3,933 RSUs previously reported in Table I. Each RSU represents a contingent right to receive one share of ASPS common stock. Represents the final vesting of time-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance- and market-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP.
FAQ
What insider transaction did ASPS disclose for Gregory J. Ritts?
What types of RSUs vested for Gregory J. Ritts at Altisource (ASPS)?