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Altisource (ASPS) legal chief logs RSU vesting and tax share withholding

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4/A

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chief Legal/Compliance Officer Gregory J. Ritts reported the vesting of restricted share units and related common stock transactions on February 20, 2026. He received 1,967 shares of common stock upon vesting of time-based RSUs under the company’s incentive plans.

Of these 1,967 shares, 727 shares of common stock were withheld to cover tax obligations, and 1,240 shares were delivered to him. In a separate award, 796 RSUs vested into common stock, while 794 RSUs from that grant are scheduled to vest on February 20, 2027. Following these transactions, he directly held 54,848 shares of common stock and his holdings include 19,666 RSUs, each representing a right to one share of common stock.

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Insider RITTS GREGORY J.
Role Chief Legal/Compliance Officer
Type Security Shares Price Value
Exercise Restricted Share Units 796 $0.00 --
Exercise Restricted Share Units 1,171 $0.00 --
Exercise Common Stock 1,967 $0.00 --
Tax Withholding Common Stock 727 $0.00 --
Holdings After Transaction: Restricted Share Units — 794 shares (Direct); Common Stock — 55,575 shares (Direct)
Footnotes (1)
  1. Mr. Ritts received 1,967 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2024 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP"). Of the 1,967 RSUs that vested, 727 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 1,240 shares of ASPS common stock to Mr. Ritts. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 20, 2026. Includes 19,666 RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. Mr. Ritts received 796 shares of ASPS common stock upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan and 2024 LTIP. The remaining 794 RSUs are scheduled to vest on the third anniversary of the grant date (i.e., February 20, 2027). Represents the final vesting of time-based RSUs granted to Mr. Ritts on February 20, 2024 pursuant to the 2023 AIP.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
RITTS GREGORY J.
(Last) (First) (Middle)
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
33, BOULEVARD PRINCE HENRI
(Street)
LUXEMBOURG N4 L-1724
(City) (State) (Zip)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal/Compliance Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/24/2026 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 M 1,967(1) A $0.0000 55,575 D
Common Stock 02/20/2026 F 727(2) D $0.0000 54,848(3) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units(4) $0.0000 02/20/2026 M 796(5) (5) (5) Common Stock 796 $0.0000 794 D
Restricted Share Units(4) $0.0000 02/20/2026 M 1,171(6) (6) (6) Common Stock 1,171 $0.0000 0.0000 D
Explanation of Responses:
1. Mr. Ritts received 1,967 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2024 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP").
2. Of the 1,967 RSUs that vested, 727 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 1,240 shares of ASPS common stock to Mr. Ritts. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 20, 2026.
3. Includes 19,666 RSUs.
4. Each RSU represents a contingent right to receive one share of ASPS common stock.
5. Mr. Ritts received 796 shares of ASPS common stock upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan and 2024 LTIP. The remaining 794 RSUs are scheduled to vest on the third anniversary of the grant date (i.e., February 20, 2027).
6. Represents the final vesting of time-based RSUs granted to Mr. Ritts on February 20, 2024 pursuant to the 2023 AIP.
/s/ Teresa L. Szupello, Attorney-in-Fact 02/26/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ASPS executive Gregory J. Ritts report?

Gregory J. Ritts reported RSU vesting and related stock movements. He received 1,967 Altisource common shares from time-based RSUs, with 727 shares withheld for taxes and 1,240 shares delivered, plus a separate vesting of 796 RSUs into common stock.

How many Altisource (ASPS) shares were withheld for taxes in this Form 4/A?

A total of 727 Altisource common shares were withheld to satisfy tax obligations. These shares came from 1,967 RSUs that vested, leaving 1,240 net shares delivered to Gregory J. Ritts based on the opening price on February 20, 2026.

How many Altisource (ASPS) shares does Gregory J. Ritts hold after these transactions?

After the reported transactions, Gregory J. Ritts directly held 54,848 shares of Altisource common stock. His reported holdings also include 19,666 restricted share units, each representing a contingent right to receive one share of Altisource common stock in the future.

What RSU awards vested for ASPS executive Gregory J. Ritts on February 20, 2026?

Two RSU awards vested for Gregory J. Ritts on February 20, 2026. One award delivered 1,967 common shares (with 727 withheld for taxes), and another delivered 796 shares, with 794 remaining RSUs scheduled to vest on February 20, 2027 under company equity plans.

When will the remaining Altisource (ASPS) RSUs reported by Gregory J. Ritts vest?

The remaining 794 RSUs from one of Gregory J. Ritts’s awards are scheduled to vest on February 20, 2027. These RSUs are time-based awards granted under Altisource’s equity incentive plans and each represents a right to one common share.

What does each RSU reported by Altisource (ASPS) executive Gregory J. Ritts represent?

Each restricted share unit reported represents a contingent right to receive one share of Altisource common stock. The filing notes that his holdings include 19,666 RSUs, which convert into common shares upon meeting the specified vesting conditions and dates.