Altisource (NASDAQ: ASPS) CEO records RSU vesting, tax withholding and share gift

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. Chair and CEO William B. Shepro reported compensation-related equity activity rather than open-market trading. On March 20, 2026, previously granted restricted share units vested into 4,695 shares of common stock under the 2023 Long Term Incentive Plan.

Of these vested shares, 1,735 shares were withheld to satisfy tax obligations, leaving a net issuance of 2,960 shares to Mr. Shepro. He then transferred those 2,960 shares by gift from his direct ownership to the William B. Shepro Revocable Trust, bringing the trust’s indirect holdings to 233,240 shares of common stock. Following these transactions, Mr. Shepro also reports 2,500 time- or performance-based RSUs still outstanding, each representing a contingent right to receive one share.

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

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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)
03/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		M		4,695(1)	A	$0	4,695	D
Common Stock	03/20/2026		F		1,735(2)	D	$0	2,960	D
Common Stock	03/20/2026		G		2,960(3)	D	$0	0	D
Common Stock	03/20/2026		G		2,960(3)	A	$0	233,240	I	William B. Shepro Revocable Trust
Restricted Share Units								2,500	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)	03/20/2026		M			2,134(5)	(5)	(5)	Common Stock	2,134	$0	0	D
Restricted Share Units	(4)	03/20/2026		M			1,281(6)	(6)	(6)	Common Stock	1,281	$0	0	D
Restricted Share Units	(4)	03/20/2026		M			1,280(7)	(7)	(7)	Common Stock	1,280	$0	0	D

Explanation of Responses:

1. Mr. Shepro received 4,695 shares of Altisource Portfolio Solutions S.A. ("Altisource" or "ASPS") common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2023 Long Term Incentive Plan ("LTIP").

2. Of the RSUs vesting into shares, 1,735 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Shepro of 2,960 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2026.

3. Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 2,960 shares of ASPS common stock acquired upon the vesting of RSUs, pursuant to previously granted LTIP awards.

4. Each RSU represents a contingent right to receive one share of ASPS common stock.

5. Represents the final vesting of time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.

6. Represents the final vesting of performance-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.

7. Represents the final vesting of performance- and market-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.

	/s/ Teresa L. Szupello, Attorney-in-Fact	03/24/2026
	** 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.
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* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did ASPS CEO William Shepro report on March 20, 2026?

William Shepro reported RSU vesting into 4,695 ASPS shares, with 1,735 shares withheld for taxes and 2,960 shares net issued. Those 2,960 shares were then transferred by gift to the William B. Shepro Revocable Trust.

Were the ASPS Form 4 transactions open-market buys or sells?

The Form 4 shows no open-market purchases or sales. Activity reflects RSU vesting, tax withholding by delivering shares, and a bona fide gift of 2,960 shares to a revocable trust, rather than discretionary market trades in Altisource stock.

How many Altisource shares did William Shepro receive from RSU vesting?

RSU vesting delivered 4,695 shares of Altisource common stock to William Shepro. According to the filing, this vesting arose from awards under the Altisource 2023 Long Term Incentive Plan, including time-based, performance-based, and performance- and market-based RSUs granted in March 2023.

How many ASPS shares were used to cover William Shepro’s tax obligations?

The filing states that 1,735 shares of ASPS common stock were withheld to satisfy tax withholding obligations on the RSU vesting. The price per share used to calculate this withholding was the opening price of ASPS stock on March 20, 2026.

What is the size of the ASPS position held through William Shepro’s revocable trust?

After the gift transfer, the William B. Shepro Revocable Trust holds 233,240 shares of Altisource common stock indirectly attributed to Mr. Shepro. The Form 4 characterizes the 2,960-share movement into the trust as a bona fide gift, not a sale.

Does William Shepro still have unvested RSUs in Altisource (ASPS)?

Yes. The Form 4 shows 2,500 restricted share units remaining following the reported vesting events. Each RSU represents a contingent right to receive one share of ASPS common stock, separate from shares already issued or transferred to the revocable trust.