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Altisource (ASPS) CEO Shepro shifts 6,300 shares to revocable trust

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

Rhea-AI Filing Summary

Altisource Portfolio Solutions S.A. director and Chair/CEO William B. Shepro reported dispositions of company equity tied to restricted share unit vesting and estate planning. On the vesting of previously granted restricted share units, 3,700 shares of common stock were withheld to cover his tax obligation, with 6,300 shares delivered to him.

He then transferred 6,300 shares of Altisource common stock by bona fide gift from his direct ownership to the William B. Shepro Revocable Trust

Positive

  • None.

Negative

  • None.
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*
Shepro William B

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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
Restricted Share Units 02/25/2026 F 3,700(1) D $0.0000 8,800 D
Restricted Share Units 02/25/2026 G 6,300(2) D $0.0000 2,500 D
Common Stock 02/25/2026 G 6,300(2) A $0.0000 230,280 I William B. Shepro Revocable Trust
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
Explanation of Responses:
1. Shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock were withheld to satisfy Mr. Shepro's tax withholding obligation upon the vesting of previously reported time-based restricted share units, granted pursuant to the Company's 2024 Annual Incentive Plan. A total of 3,700 shares were withheld, and 6,300 shares were delivered to Mr. Shepro. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026.
2. Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 6,300 shares of ASPS common stock acquired upon the vesting of RSUs under the Altisource 2009 Equity Incentive Plan.
/s/ Teresa L. Szupello, Attorney-in-Fact 02/27/2026
** 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.

FAQ

What insider transactions did ASPS CEO William Shepro report on this Form 4?

William Shepro reported equity dispositions related to restricted share unit vesting and a gift. 3,700 Altisource shares were withheld for taxes and 6,300 shares were transferred by gift to his revocable trust, reflecting compensation and estate-planning activity rather than open-market trading.

How many Altisource (ASPS) shares were withheld for William Shepro’s taxes?

A total of 3,700 Altisource common shares were withheld to satisfy William Shepro’s tax withholding obligation. This occurred when previously reported time-based restricted share units vested under the company’s 2024 Annual Incentive Plan, with the tax amount based on the stock’s opening price on February 25, 2026.

What is the 6,300-share transfer reported by ASPS CEO William Shepro?

The 6,300-share transfer is a bona fide gift from William Shepro’s direct ownership to the William B. Shepro Revocable Trust. These shares were acquired upon vesting of restricted share units and then moved to the trust as part of his personal ownership structure, not sold in the market.

Were any of William Shepro’s ASPS transactions open-market stock sales or purchases?

The reported transactions are not open-market sales or purchases. One transaction reflects shares withheld to cover taxes on restricted share unit vesting, and the others record bona fide gifts, including a transfer of 6,300 shares to the William B. Shepro Revocable Trust, keeping ownership within his affiliated entities.

How did the RSU vesting affect William Shepro’s Altisource share ownership?

Upon RSU vesting, 3,700 Altisource shares were withheld for taxes and 6,300 shares were delivered to William Shepro. He then gifted those 6,300 shares to his revocable trust, shifting them from direct to indirect ownership while maintaining exposure to the company’s common stock.
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