STOCK TITAN
  1. Home
  2. Sec-filings
  3. ASPS
  4. [Form 4/A] ALTISOURCE PORTFOLIO SOLUTIONS S.A. Amended Insider Trading Activity

Deer Park entities log RSU-based share awards in Altisource (ASPS) Form 4/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported that entities associated with Deer Park Road Management recorded two indirect acquisitions of common stock on May 21, 2026, both coded as awards rather than market purchases at a price of $0.00 per share.

The transactions reflect the allocation of a grant of 19,215 restricted share units (RSUs) awarded to director Mary Hickok for the 2026–2027 service year. Each RSU represents a contingent right to receive one share of common stock that will vest on the date of the 2027 Annual General Meeting, subject to a board and committee meeting attendance condition.

Footnotes state that all income and economic benefit from Ms. Hickok’s board service, including this equity award, belong to STS Master Fund, Ltd. and Deer Park 1850 Fund, LP, and that Ms. Hickok has no pecuniary interest in these shares. The reporting persons and related entities also disclaim beneficial ownership beyond their pecuniary interests.

Positive

  • None.

Negative

  • None.
Insider Deer Park Road Management Company, LP, Deer Park Road Management GP, LLC, Deer Park Road Corp, AgateCreek LLC, Craig-Scheckman Michael, Burg Scott Edward
Role null | null | null | null | null | null
Type Security Shares Price Value
Grant/Award Common Stock 19,070 $0.00 --
Grant/Award Common Stock 145 $0.00 --
Holdings After Transaction: Common Stock — 1,512,284 shares (Indirect, See Footnotes)
Footnotes (1)
  1. On May 21, 2026, Mary Hickok, Managing Director at Deer Park Road Management Company, LP ("Deer Park"), was granted 19,215 restricted share units ("RSUs") as compensation for her role as a non-management director of Altisource Portfolio Solutions S.A. (the "Issuer") for the 2026-2027 service year. Each RSU represents a contingent right to receive one share of common stock ("Shares"). The RSUs will vest on the date of the Issuer's 2027 Annual General Meeting of Shareholders, provided that Ms. Hickok attends at least 75% of all Board (as defined herein) and committee meetings on which she serves. All income derived in connection with Ms. Hickok's service as a director on the Issuer's board of directors ("Board") belongs, in economic terms, to STS Master Fund, Ltd. and Deer Park 1850 Fund, LP. Ms. Hickok has no right to any compensation received in connection with her service on the Issuer's Board and does not have any pecuniary interest in the Shares reported herein. These numbers have been adjusted to reflect (i) the 1-for-8 reverse stock split the Issuer effected on May 28, 2025, and (ii) a correction in the amount of shares allocated between STS Master Fund, Ltd. and Deer Park 1850 Fund, LP from the RSU grant to Ms. Hickok on May 21, 2025. These securities are held for the account of STS Master Fund, Ltd. Deer Park serves as investment adviser to STS Master Fund, Ltd. These securities are held for the account of Deer Park 1850 Fund, LP. Deer Park serves as investment adviser to Deer Park 1850 Fund, LP. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
RSU grant size 19,215 RSUs Award to director Mary Hickok for 2026–2027 service year
Awarded shares (entry 1) 145 shares Common stock, indirect acquisition on May 21, 2026
Holding after entry 1 11,481 shares Common stock held indirectly following first award entry
Awarded shares (entry 2) 19,070 shares Common stock, indirect acquisition on May 21, 2026
Holding after entry 2 1,512,284 shares Common stock held indirectly following second award entry
Award price $0.00 per share Grant/award acquisitions, non-cash equity compensation
Reverse split ratio 1-for-8 Reverse stock split effective May 28, 2025
restricted share units ("RSUs") financial
"was granted 19,215 restricted share units ("RSUs") as compensation for her role"
1-for-8 reverse stock split financial
"adjusted to reflect (i) the 1-for-8 reverse stock split the Issuer effected"
pecuniary interest financial
"does not have any pecuniary interest in the Shares reported herein"
ten percent owner financial
"is_ten_percent_owner": 1, "other": "See Remarks""
Annual General Meeting of Shareholders financial
"will vest on the date of the Issuer's 2027 Annual General Meeting of Shareholders"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deer Park Road Management Company, LP
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ALTISOURCE PORTFOLIO SOLUTIONS S.A. [ ASPS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/26/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A19,070(1)(2)A$01,512,284(3)ISee Footnotes(2)(4)(6)
Common Stock05/21/2026A145(1)(2)A$011,481(3)ISee Footnotes(2)(5)(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Deer Park Road Management Company, LP
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
1. Name and Address of Reporting Person*
Deer Park Road Management GP, LLC
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
1. Name and Address of Reporting Person*
Deer Park Road Corp
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
1. Name and Address of Reporting Person*
AgateCreek LLC
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
1. Name and Address of Reporting Person*
Craig-Scheckman Michael
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
1. Name and Address of Reporting Person*
Burg Scott Edward
(Last)(First)(Middle)
1195 BANGTAIL WAY
(Street)
STEAMBOAT SPRINGS COLORADO 80487
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)XOther (specify below)
See Remarks
Explanation of Responses:
1. On May 21, 2026, Mary Hickok, Managing Director at Deer Park Road Management Company, LP ("Deer Park"), was granted 19,215 restricted share units ("RSUs") as compensation for her role as a non-management director of Altisource Portfolio Solutions S.A. (the "Issuer") for the 2026-2027 service year. Each RSU represents a contingent right to receive one share of common stock ("Shares"). The RSUs will vest on the date of the Issuer's 2027 Annual General Meeting of Shareholders, provided that Ms. Hickok attends at least 75% of all Board (as defined herein) and committee meetings on which she serves.
2. All income derived in connection with Ms. Hickok's service as a director on the Issuer's board of directors ("Board") belongs, in economic terms, to STS Master Fund, Ltd. and Deer Park 1850 Fund, LP. Ms. Hickok has no right to any compensation received in connection with her service on the Issuer's Board and does not have any pecuniary interest in the Shares reported herein.
3. These numbers have been adjusted to reflect (i) the 1-for-8 reverse stock split the Issuer effected on May 28, 2025, and (ii) a correction in the amount of shares allocated between STS Master Fund, Ltd. and Deer Park 1850 Fund, LP from the RSU grant to Ms. Hickok on May 21, 2025.
4. These securities are held for the account of STS Master Fund, Ltd. Deer Park serves as investment adviser to STS Master Fund, Ltd.
5. These securities are held for the account of Deer Park 1850 Fund, LP. Deer Park serves as investment adviser to Deer Park 1850 Fund, LP.
6. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
Remarks:
Ms. Hickok, Managing Director at Deer Park, serves on the Issuer's Board as a representative of Deer Park. By virtue of their representation on the Board, for purposes of Section 16 of the Exchange Act, the Reporting Persons are deemed to be directors by deputization of Ms. Hickok. This amendment is being filed to (i) adjust the amount of securities beneficially owned following the reported transactions to account for the 1-for-8 reverse stock split the Issuer effected on May 28, 2025, and (ii) correct the allocation of RSUs acquired by STS Master Fund, Ltd. and Deer Park 1850 Fund, LP.
Deer Park Road Management Company, LP, By: /s/ Bradley W. Craig, Chief Operating Officer06/08/2026
Deer Park Road Management GP, LLC, By: /s/ Bradley W. Craig, Chief Operating Officer06/08/2026
Deer Park Road Corporation, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Road Corporation06/08/2026
AgateCreek LLC, By: /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg, Sole Member of AgateCreek LLC06/08/2026
Michael Craig-Scheckman, By: /s/ Bradley W. Craig, attorney-in-fact for Michael Craig-Scheckman06/08/2026
Scott Edward Burg, By: /s/ Bradley W. Craig, attorney-in-fact for Scott Edward Burg06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

How many RSUs were granted in the ALTISOURCE (ASPS) Form 4/A filing?

The filing states that director Mary Hickok received 19,215 restricted share units. Each unit represents a contingent right to one share of ALTISOURCE common stock, subject to vesting conditions tied to board and committee meeting attendance during the 2026–2027 service year.

When do the granted RSUs for ALTISOURCE (ASPS) vest according to the filing?

The RSUs are scheduled to vest on the date of ALTISOURCE’s 2027 Annual General Meeting of Shareholders. Vesting requires that Mary Hickok attend at least 75% of all board and committee meetings on which she serves during the relevant service year.

Who benefits economically from the RSU grant reported for ALTISOURCE (ASPS)?

Footnotes explain that all income from Mary Hickok’s board service, including this RSU grant, belongs to STS Master Fund, Ltd. and Deer Park 1850 Fund, LP. Hickok has no pecuniary interest, and the reporting persons limit beneficial ownership to their economic interests.

How were prior ALTISOURCE (ASPS) share figures adjusted in this Form 4/A amendment?

Footnotes state that reported numbers were adjusted for a 1-for-8 reverse stock split effective May 28, 2025, and for a correction in how shares from a May 21, 2025 RSU grant to Mary Hickok were allocated between STS Master Fund, Ltd. and Deer Park 1850 Fund, LP.