Form 4: Altisource CFO Michelle Esterman Reports Stock Transactions Following RSU Vesting

Michelle Esterman, CFO of Altisource Portfolio Solutions S.A., reports the vesting of restricted stock units and subsequent stock transactions.

Summary

• On March 1, 2025, Michelle Esterman, the Chief Financial Officer of Altisource Portfolio Solutions S.A., had 3,334 restricted stock units (RSUs) vest into common stock.
• She received these shares under the company's 2009 Equity Incentive Plan and 2022 Long-Term Incentive Plan.
• Of the vested RSUs, 988 shares were used to cover tax withholding obligations, resulting in a net issuance of 2,346 shares to Ms. Esterman.
• The price per share for tax withholding was based on the opening price of Altisource common stock on March 1, 2025, which was $0.7.
• Following these transactions, Ms. Esterman directly owns 444,741 shares of Altisource common stock, which includes 180,479 unvested RSUs.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation. It doesn't indicate positive or negative sentiment, just normal business operations.

Positives

• The vesting of RSUs indicates that Ms. Esterman is incentivized to perform well for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The vesting of RSUs aligns management's interests with those of shareholders.

Key Dates