STOCK TITAN

Altisource Portfolio Solutions (ASPS) director sells 21,354 stakeholder warrants

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

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported open-market sales of a total of 21,354 derivative warrants linked to ASPS common stock. He sold 18,322 Net Settle Stakeholder Warrants at a weighted-average price of $0.4061 and 3,032 Cash Exercise Stakeholder Warrants at a weighted-average price of $0.2478.

Each Cash Exercise and Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS common stock. After these transactions, he continued to hold 133,350 Net Settle Stakeholder Warrants and 148,541 Cash Exercise Stakeholder Warrants directly.

Positive

  • None.

Negative

  • None.
Insider MORETTINI JOSEPH L
Role null
Sold 21,354 shs ($8K)
Type Security Shares Price Value
Sale Net Settle Stakeholder Warrants (ASPSW) 18,322 $0.4061 $7K
Sale Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) 3,032 $0.2478 $751.33
Holdings After Transaction: Net Settle Stakeholder Warrants (ASPSW) — 133,350 shares (Direct, null); Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) — 148,541 shares (Direct, null)
Footnotes (1)
  1. Reflects an open market sale of 3,032 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ) in multiple transactions at prices ranging from $0.2453 to $0.2533 per warrant, resulting in a weighted-average sale price of $0.2478 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock. Reflects an open market sale of 18,322 Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) in multiple transactions at prices ranging from $0.3921 to $0.4156 per warrant, resulting in a weighted-average sale price of $0.4061 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
Total warrants sold 21,354 warrants Combined open-market sales of ASPSZ and ASPSW derivative warrants
Net Settle warrants sold 18,322 warrants Open-market sale at weighted-average $0.4061 per warrant
Cash Exercise warrants sold 3,032 warrants Open-market sale at weighted-average $0.2478 per warrant
Cash Exercise warrants held after sale 148,541 warrants Director’s remaining Cash Exercise Stakeholder Warrants
Net Settle warrants held after sale 133,350 warrants Director’s remaining Net Settle Stakeholder Warrants
Cash Exercise warrant conversion ratio 0.20313 shares per warrant Each Cash Exercise Stakeholder Warrant into ASPS common stock
Net Settle warrant conversion ratio 0.20313 shares per warrant Each Net Settle Stakeholder Warrant into ASPS common stock
Cash Exercise Stakeholder Warrants financial
"Reflects an open market sale of 3,032 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ)"
Net Settle Stakeholder Warrants financial
"Reflects an open market sale of 18,322 Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW)"
weighted-average sale price financial
"in multiple transactions at prices ranging from $0.2453 to $0.2533 per warrant, resulting in a weighted-average sale price of $0.2478 per warrant"
exercisable into 0.20313 shares financial
"Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock."
open market sale financial
"Reflects an open market sale of 3,032 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants"
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
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*
MORETTINI JOSEPH L

(Last)(First)(Middle)
1375 PORTMARNOCK DRIVE

(Street)
ALPHARETTA GEORGIA 30005

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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
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
Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy)$0.000005/05/2026S3,032(1)07/25/202504/02/2029Common Stock615.8901(2)$0.2478148,541D
Net Settle Stakeholder Warrants (ASPSW)$0.000005/06/2026S18,322(3)07/25/202504/30/2032Common Stock3,721.7478(4)$0.4061133,350D
Explanation of Responses:
1. Reflects an open market sale of 3,032 Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ) in multiple transactions at prices ranging from $0.2453 to $0.2533 per warrant, resulting in a weighted-average sale price of $0.2478 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer.
2. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
3. Reflects an open market sale of 18,322 Altisource Portfolio Solutions S.A. Net Settle Stakeholder Warrants (ASPSW) in multiple transactions at prices ranging from $0.3921 to $0.4156 per warrant, resulting in a weighted-average sale price of $0.4061 per warrant. The reporting person undertakes to provide full information regarding the number of warrants sold at each separate price upon request by the SEC staff or a security holder of the issuer.
4. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
/s/ Teresa L. Szupello, Attorney-in-Fact05/07/2026
** 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)

FAQ

What insider transactions did ASPS director Joseph L. Morettini report?

Joseph L. Morettini reported two open-market warrant sales totaling 21,354 derivative securities. He sold 18,322 Net Settle Stakeholder Warrants at $0.4061 each and 3,032 Cash Exercise Stakeholder Warrants at $0.2478 each, all directly owned and linked to Altisource common stock.

What types of derivative securities did the ASPS insider sell?

The insider sold Cash Exercise Stakeholder Warrants (ASPSZ) and Net Settle Stakeholder Warrants (ASPSW). These are derivative securities that give the right to acquire Altisource common stock rather than common shares themselves, and both series are exercisable into 0.20313 shares of common stock per warrant.

How many Altisource stakeholder warrants were sold in each transaction?

The Form 4 shows a sale of 3,032 Cash Exercise Stakeholder Warrants and a separate sale of 18,322 Net Settle Stakeholder Warrants. Together, these open-market transactions reduced the director’s derivative position by 21,354 warrants tied to Altisource common stock.

What prices did Altisource director Joseph L. Morettini receive for the warrants?

The Cash Exercise Stakeholder Warrants were sold in multiple trades between $0.2453 and $0.2533, with a weighted-average price of $0.2478 per warrant. The Net Settle Stakeholder Warrants traded between $0.3921 and $0.4156, with a weighted-average price of $0.4061 per warrant.

How many Altisource warrants does the insider hold after these sales?

Following the reported warrant sales, the director holds 148,541 Cash Exercise Stakeholder Warrants and 133,350 Net Settle Stakeholder Warrants. These continuing holdings mean he still retains a sizable derivative exposure to Altisource common stock through both warrant series.

What do the Form 4 footnotes reveal about the ASPS warrant sales?

The footnotes explain each sale occurred in multiple open-market transactions within stated price ranges and provide weighted-average sale prices. They also state that each Cash Exercise and Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of Altisource common stock.