ALTISOURCE PORTFOLIO SOLUTIONS S.A.·4

May 26, 5:32 PM ET

Iseley Wesley G 4

Research Summary

AI-generated summary

Updated

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.