Iseley Wesley G 4
4 · ALTISOURCE PORTFOLIO SOLUTIONS S.A. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Altisource (ASPS) Director Wesley Iseley Receives 19,215 RSUs
What Happened Wesley G. Iseley, a director of Altisource Portfolio Solutions S.A. (ASPS), was granted 19,215 restricted share units (RSUs) on May 21, 2026 as compensation for his 2026–2027 service year. The award is reported at $0.00 per share (award/grant code A) because RSUs represent a contingent right to receive shares upon vesting rather than an open-market purchase. The RSUs will vest on the date of ASPS’s 2027 Annual General Meeting of Shareholders, subject to a condition that Mr. Iseley attends at least 75% of the Board and Committee meetings on which he serves.
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (timely filed within required business-day window).
- Transaction type/code: Grant/Award (A). Price per share listed: $0.00.
- Shares granted: 19,215 RSUs (each RSU = contingent right to one share upon vesting).
- Shares owned after transaction: 19,261 total reported beneficially owned (19,215 unvested RSUs + 46 previously granted restricted shares scheduled to vest in equal installments at the next three Annual Meetings).
- Vesting condition: RSUs vest at the 2027 Annual Meeting provided Mr. Iseley meets attendance requirement (≥75% of Board/Committee meetings).
- Corporate action note: Reported beneficial ownership reflects ASPS’s 1-for-8 share consolidation effective May 28, 2025.
Context RSU grants to non-management directors are routine compensation and do not involve an immediate cash purchase or sale. Because these RSUs are unvested and conditioned on service/attendance, they do not represent immediately tradable shares until they vest and convert to common stock.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-21+19,215→ 38,289 total
Footnotes (2)
- [F1]On May 21, 2026, Mr. Iseley received 19,215 restricted share units ("RSUs") as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A. ("ASPS" or the "Company") for the 2026 to 2027 service year. Each RSU represents a contingent right to receive one share of ASPS Common Stock. The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders ("Annual Meeting"), provided that Mr. Iseley attends at least 75% of all Board and Committee meetings on which he serves.
- [F2]Includes 19,215 unvested RSUs, and 46 previously granted restricted shares of ASPS common stock that are scheduled to vest in equal installments on the dates of the Company's next three Annual Meetings.