What adjustment related to Altisource’s 2025 reverse stock split appears in this Form 4?

The filing notes a one-share adjustment in Shepro’s beneficially owned shares. This correction updates his pre-transaction balance from 233,240 to 233,239 shares due to rounding effects from Altisource’s 2025 reverse stock split.

Altisource (NASDAQ: ASPS) CEO trust adds 3,511 shares, now 236,750

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chair and CEO William B. Shepro, through the William B. Shepro Revocable Trust, made an open-market purchase of 3,511 shares of common stock. The weighted average price was $6.02 per share, with trades between $5.80 and $6.10. Following this transaction and a one-share rounding adjustment tied to the company’s 2025 reverse stock split, the trust beneficially owns 236,750 shares.

Insider Trade Summary

Net Buyer: 3,511 shares ($21,136)

Net Buy 1 txn

Insider Shepro William B

Role Chair and CEO

Bought 3,511 shs ($21K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,511	$6.02	$21K

Holdings After Transaction: Common Stock — 236,750 shares (Indirect, William B. Shepro Revocable Trust)

Footnotes (1)

The reported price is a weighted average purchase price. The shares were purchased in multiple open market transactions at prices ranging from $5.80 to $6.10, inclusive. The shares beneficially owned following the reported transaction reflect a one-share adjustment from previously reported amounts due to rounding in connection with the Company's 2025 reverse stock split. Mr. Shepro's most recent filing reflected 233,240 shares; the corrected pre-transaction balance is 233,239 shares.

Key Figures

Shares purchased: 3,511 shares Weighted average price: $6.02 per share Trade price range: $5.80–$6.10 per share +2 more

5 metrics

Shares purchased 3,511 shares Open-market purchase on 2026-05-22

Weighted average price $6.02 per share Price for 3,511-share purchase

Trade price range $5.80–$6.10 per share Multiple open-market transactions

Shares owned after 236,750 shares Beneficially owned by revocable trust after transaction

Corrected pre-transaction balance 233,239 shares Adjusted for rounding from 2025 reverse stock split

Key Terms

open-market purchase, weighted average purchase price, reverse stock split, beneficially owned, +1 more

5 terms

open-market purchase financial

"The shares were purchased in multiple open market transactions at prices ranging"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average purchase price financial

"The reported price is a weighted average purchase price."

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

reverse stock split financial

"due to rounding in connection with the Company's 2025 reverse stock split."

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

beneficially owned financial

"The shares beneficially owned following the reported transaction reflect a one-share adjustment"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Revocable Trust financial

"nature_of_ownership": "William B. Shepro Revocable Trust""

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

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Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 12:01 PM

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

L-1724

(City)

(State)

(Zip)

LUXEMBOURG

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chair and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/22/2026		P		3,511	A	$6.02⁽¹⁾	236,750⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported price is a weighted average purchase price. The shares were purchased in multiple open market transactions at prices ranging from $5.80 to $6.10, inclusive.

2. The shares beneficially owned following the reported transaction reflect a one-share adjustment from previously reported amounts due to rounding in connection with the Company's 2025 reverse stock split. Mr. Shepro's most recent filing reflected 233,240 shares; the corrected pre-transaction balance is 233,239 shares.

	/s/ Teresa L. Szupello, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ASPS Chair and CEO William B. Shepro report?

William B. Shepro reported an open-market purchase of 3,511 Altisource common shares. The transaction was executed through his revocable trust at a weighted average price of $6.02 per share, reflecting additional indirect ownership in the company.

At what prices were the new ASPS shares purchased by Shepro’s trust?

The shares were bought at a weighted average price of $6.02 per share. Individual trades occurred in multiple open-market transactions at prices ranging from $5.80 to $6.10 per share, according to the Form 4 footnote disclosure.

How many Altisource shares does William B. Shepro’s trust own after this transaction?

After the reported purchase, the William B. Shepro Revocable Trust beneficially owns 236,750 Altisource common shares. This total reflects both the 3,511 newly purchased shares and a one-share rounding correction related to the company’s 2025 reverse stock split.

Was the ASPS insider transaction a direct or indirect holding for William B. Shepro?

The transaction reflects indirect ownership for William B. Shepro. The 3,511 purchased shares, and the total 236,750 shares reported after the transaction, are held through the William B. Shepro Revocable Trust, as indicated by the ownership code and description.