Altisource (ASPS) CFO nets 868 shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Altisource Portfolio Solutions Chief Financial Officer Michelle D. Esterman reported the vesting of previously granted restricted share units into 1,145 shares of common stock on March 20, 2026, under the 2023 Long Term Incentive Plan. Of these, 277 shares were withheld to cover tax obligations, resulting in a net issuance of 868 shares. Following these routine compensation-related transactions, she directly holds 108,190 shares of Altisource common stock, and the footnotes state this includes 4,512 RSUs previously reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,145 shares exercised/converted
Mixed
5 txns
Insider
Esterman Michelle D.
Role
Chief Financial Officer
| 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 | 277 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Common Stock — 108,467 shares (Direct)
Footnotes (1)
- Ms. Esterman received 1,145 shares of Altisource Portfolio Solutions S.A. ("Altisource" or "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, 277 shares were withheld to pay the tax withholding obligation, resulting in a net issuance to Ms. Esterman of 868 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 4,512 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 Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance- and market-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.
FAQ
What did Altisource (ASPS) CFO Michelle Esterman report in this Form 4?
Altisource CFO Michelle Esterman reported the vesting of previously granted restricted share units into 1,145 shares of common stock. The transaction reflects routine equity compensation under the company’s 2023 Long Term Incentive Plan, rather than an open-market purchase or sale of shares.
What type of RSU awards vested for the Altisource (ASPS) CFO on March 20, 2026?
The Form 4 notes final vesting of time-based, performance-based, and performance- and market-based RSUs granted on March 20, 2023. All these awards were issued under the Altisource 2023 Long Term Incentive Plan, highlighting multiple incentive components reaching their vesting date.
Does this Altisource (ASPS) Form 4 indicate remaining RSUs for the CFO?
Yes. A footnote states that her reported holdings include 4,512 RSUs previously reported in Table I. While the RSUs tied to this vesting are now fully settled, this note indicates she continues to hold additional restricted share units beyond the shares already issued.