ALDRIDGE JOHN G JR 4
Research Summary
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Altisource (ASPS) Director John G. Aldridge Jr. Receives RSU Award
What Happened John G. Aldridge Jr., a non-management director of Altisource Portfolio Solutions S.A. (ASPS), received a grant of 19,215 restricted share units (RSUs) on May 21, 2026. The award is reported as an “A” (award/grant) transaction at $0.00 (no cash exchanged). Each RSU represents a contingent right to one share of ASPS common stock; the RSUs are unvested at grant.
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026.
- Grant: 19,215 RSUs; reported price $0.00 (compensation award, not a purchase).
- Vesting: RSUs vest on the date of the Company’s 2027 Annual General Meeting of Shareholders, subject to Mr. Aldridge attending at least 75% of all Board and Committee meetings on which he serves.
- Holdings: The filing notes these 19,215 RSUs are unvested and are included in the beneficial ownership reported; the filing’s reported ownership reflects the Company’s 1:8 share consolidation effective May 28, 2025. The Form 4 does not list a separate total “shares owned after transaction” value in the excerpt provided.
- No sale/proceeds or option exercise involved — this is compensation for service.
Context This is a standard director compensation award (RSUs) rather than an open-market purchase or sale; it creates a future entitlement to shares if vesting conditions are met. Such grants are routine for non-management directors and do not, by themselves, indicate a buying or selling signal. The filing date is five days after the grant date; the form shows the filing date but does not state any late-filing remark in the provided details.