Altisource CEO buys 4,000 shares through trust
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Form Type
4
Rhea-AI Filing Summary
Altisource Portfolio Solutions Chair and CEO William B. Shepro reported purchasing 4,000 shares of common stock on 2026-07-28 at a weighted-average price of $5.18 per share, held indirectly through the Gina H. Shepro Revocable Trust, bringing that trust’s holdings to 8,686 shares. The Form 4 also describes indirect stakeholder warrant positions with a $1.95 exercise price and explains that separately reporting holdings for the Gina H. Shepro and William B. Shepro Revocable Trusts reflects a revised ownership understanding and does not change Shepro’s aggregate beneficial ownership.
Insider Trade Summary
Net Buyer: 4,000 shares
Net Buy
6 txns
Insider
Shepro William B
Role
Chair and CEO
Bought
4,000 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 4,000 | $5.18 | $21K |
| holding | Net Settle Stakeholder Warrants (Right to Buy) F2 | -- | -- | -- |
| holding | Cash Exercise Stakeholder Warrants (Right to Buy) F2 | -- | -- | -- |
| holding | Cash Exercise Stakeholder Warrants (Right to Buy) | -- | -- | -- |
| holding | Net Settle Stakeholder Warrants (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,686 shares (Indirect, The Gina H. Shepro Revocable Trust);
Net Settle Stakeholder Warrants (Right to Buy) — 9,400 contracts (Indirect, The Gina H. Shepro Revocable Trust);
Cash Exercise Stakeholder Warrants (Right to Buy) — 9,400 contracts (Indirect, The Gina H. Shepro Revocable Trust);
Cash Exercise Stakeholder Warrants (Right to Buy) — 2,253,673 contracts (Indirect, The William B. Shepro Revocable Trust);
Net Settle Stakeholder Warrants (Right to Buy) — 2,253,673 contracts (Indirect, The William B. Shepro Revocable Trust);
Common Stock — 232,064 shares (Indirect, The William B. Shepro Revocable Trust)
Footnotes (2)
- F1. The reported price represents a weighted average purchase price. The shares were purchased in multiple transactions at prices ranging from $5.15 to $5.22 per share. Upon request by the SEC staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.
- F2. The reporting person has determined that securities beneficially owned by the Gina H. Shepro Revocable Trust were previously reflected in the holdings reported through the William B. Shepro Revocable Trust. This Form 4 separately reports the holdings through each trust to reflect the reporting person's current understanding of the ownership structure. This clarification does not reflect a transaction or any change in the reporting person's aggregate beneficial ownership.
Key Figures
Common shares purchased: 4000.0000 shares
Weighted average purchase price: 5.1800 per share
Purchase price range: 5.15 to 5.22 per share
+5 more
8 metrics
Common shares purchased
4000.0000 shares
Indirect purchase on 2026-07-28 by the Gina H. Shepro Revocable Trust
Weighted average purchase price
5.1800 per share
Price for 4,000-share purchase of common stock on 2026-07-28
Purchase price range
5.15 to 5.22 per share
Range of prices across multiple trades making up the 4,000-share purchase
Indirect common shares via Gina H. Shepro Revocable Trust
8686.0000 shares
Common stock held indirectly after the 4,000-share purchase
Indirect common shares via William B. Shepro Revocable Trust
232064.0000 shares
Reported common stock indirectly owned through the William B. Shepro Revocable Trust
Stakeholder warrant exercise price
1.9500 per share
Exercise price for cash and net settle stakeholder warrants on common stock
Underlying shares – Gina H. Shepro stakeholder warrants
9400.0000 shares
Underlying common shares for each Gina H. Shepro stakeholder warrant series
Underlying shares – William B. Shepro stakeholder warrants
2253673.0000 shares
Underlying common shares for each William B. Shepro stakeholder warrant series
Key Terms
weighted average purchase price, beneficial ownership, Net Settle Stakeholder Warrants (Right to Buy), Cash Exercise Stakeholder Warrants (Right to Buy), +1 more
5 terms
weighted average purchase price financial
"The reported price represents a weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
beneficial ownership financial
"does not reflect a transaction or any change in the reporting person's aggregate beneficial ownership."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Net Settle Stakeholder Warrants (Right to Buy) financial
"security_title: Net Settle Stakeholder Warrants (Right to Buy)"
Cash Exercise Stakeholder Warrants (Right to Buy) financial
"security_title: Cash Exercise Stakeholder Warrants (Right to Buy)"
revocable trust financial
"securities beneficially owned by the Gina H. Shepro Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Altisource (ASPS) holdings are reported for the William B. Shepro Revocable Trust?
The William B. Shepro Revocable Trust is reported as indirectly holding 232,064 common shares of Altisource (ASPS). It also holds cash and net settle stakeholder warrants with underlying common shares, including 2,253,673 underlying shares at an exercise price of $1.95 per share.
Did this Form 4 change William B. Shepro’s aggregate beneficial ownership of ASPS?
The Form 4 states the clarification does not reflect a transaction or any change in William B. Shepro’s aggregate beneficial ownership of Altisource (ASPS). Holdings of the Gina H. Shepro Revocable Trust were previously included under the William B. Shepro Revocable Trust.
Why are Altisource (ASPS) holdings now reported separately for the Gina and William B. Shepro Revocable Trusts?
The report explains that securities of the Gina H. Shepro Revocable Trust were previously reflected in the William B. Shepro Revocable Trust. The Form 4 now separately reports each trust’s holdings to match the reporting person’s current understanding of the ownership structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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