ALTISOURCE PORTFOLIO SOLUTIONS S.A.·4

Feb 27, 8:54 AM ET

Shepro William B 4

Research Summary

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Updated

Altisource (ASPS) CEO William Shepro Transfers 6,300 Shares

What Happened

  • William B. Shepro, Chair, CEO and a director of Altisource Portfolio Solutions S.A. (ASPS), reported non‑market transactions on Feb 25, 2026 related to vested restricted share units (RSUs). A total of 3,700 shares were withheld to satisfy tax withholding on vesting, and 6,300 shares that vested were delivered to Mr. Shepro and immediately transferred by gift to the William B. Shepro Revocable Trust.
  • All reported transactions show $0 per‑share consideration because these were tax‑withholding and gift transfers (not open‑market sales or purchases). The tax withholding was calculated based on ASPS’s opening price on Feb 25, 2026.

Key Details

  • Transaction date: 2026-02-25. Report filed: 2026-02-27 (timely Form 4 filing).
  • Withheld for taxes: 3,700 shares (tax withholding on vested RSUs) — reported as F (withholding); no cash sale.
  • Gift/transfer: 6,300 shares delivered on vesting then transferred by gift to the William B. Shepro Revocable Trust — reported as G.
  • Price reported: $0.00 per share for these entries (non‑cash transactions). Footnote states tax withholding was calculated using the opening price on 2026-02-25.
  • Shares owned after transaction: not specified in this filing.
  • Footnotes: F1 explains the withholding relates to time‑based RSUs under the 2024 Annual Incentive Plan; F2 notes the 6,300‑share transfer was a gift to Mr. Shepro’s revocable trust under the 2009 Equity Incentive Plan.

Context

  • These were not open‑market trades and do not indicate a buy or sell sentiment by the insider. Withholding to cover taxes on vested RSUs and intra‑family/trust gifts are routine administrative actions rather than investment signals.