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Altisource Portfolio Solutions (NASDAQ: ASPS) director trades 20,000 warrants

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Altisource Portfolio Solutions S.A. director Joseph L. Morettini reported selling a total of 20,000 derivative Stakeholder Warrants on August 5, 2026, in open-market transactions. He sold 10,000 Cash Exercise Stakeholder Warrants (ASPSZ) at $0.28 per warrant, leaving 21,688 ASPSZ warrants, and 10,000 Net Settle Stakeholder Warrants (ASPSW) at $0.41 per warrant, leaving 90,000 ASPSW warrants. Each Stakeholder Warrant is exercisable into 0.20313 shares of Altisource common stock, and each reported transaction covers 2,031.3 underlying common shares. The filing indicates these trades were not made pursuant to a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider MORETTINI JOSEPH L
Role Director
Sold 20,000 shs ($7K)
Type Security Shares Price Value
Sale Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) F1, F2 10,000 $0.28 $3K
Sale Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) F3, F4 10,000 $0.41 $4K
Holdings After Transaction: Cash Exercise Stakeholder Warrants (ASPSZ) (Right to Buy) — 21,688 shares (Direct); Net Settle Stakeholder Warrants (ASPSW) (Right to Buy) — 90,000 shares (Direct)
Footnotes (4)
  1. F1. Reflects an open market sale of Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ).
  2. F2. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
  3. F3. Reflects an open market sale of ASPS Net Settle Stakeholder Warrants (ASPSW).
  4. F4. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
Cash Exercise Warrants sold 10,000 warrants Cash Exercise Stakeholder Warrants (ASPSZ) sold on August 5, 2026
Sale price ASPSZ warrants $0.28 per warrant Open-market sale price for 10,000 Cash Exercise Stakeholder Warrants
Cash Exercise Warrants remaining 21,688 warrants ASPSZ warrants held directly after the reported sale
Net Settle Warrants sold 10,000 warrants Net Settle Stakeholder Warrants (ASPSW) sold on August 5, 2026
Sale price ASPSW warrants $0.41 per warrant Open-market sale price for 10,000 Net Settle Stakeholder Warrants
Net Settle Warrants remaining 90,000 warrants ASPSW warrants held directly after the reported sale
Underlying shares per warrant 0.20313 shares Each Stakeholder Warrant exercisable into 0.20313 shares of ASPS common stock
Cash Exercise Stakeholder Warrants financial
"Reflects an open market sale of Altisource Portfolio Solutions S.A. Cash Exercise Stakeholder Warrants (ASPSZ)."
Net Settle Stakeholder Warrants financial
"Reflects an open market sale of ASPS Net Settle Stakeholder Warrants (ASPSW)."
open market sale financial
"Reflects an open market sale of Altisource Portfolio Solutions S.A. 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Altisource (ASPS) report for director Joseph L. Morettini?

Altisource reported that director Joseph L. Morettini sold 20,000 Stakeholder Warrants on August 5, 2026. This included 10,000 Cash Exercise Warrants (ASPSZ) and 10,000 Net Settle Warrants (ASPSW), both in open-market transactions, as disclosed in the Form 4.

At what prices were the ASPSZ and ASPSW warrants sold in the Altisource (ASPS) Form 4?

The Form 4 shows sales of 10,000 Cash Exercise Stakeholder Warrants (ASPSZ) at $0.28 per warrant and 10,000 Net Settle Stakeholder Warrants (ASPSW) at $0.41 per warrant. Both were recorded as open-market sales of derivative securities.

How many Altisource (ASPS) Stakeholder Warrants does Joseph L. Morettini hold after these sales?

After the reported transactions, Morettini holds 21,688 Cash Exercise Stakeholder Warrants (ASPSZ) and 90,000 Net Settle Stakeholder Warrants (ASPSW). These figures are reported as his direct beneficial holdings following the August 5, 2026 warrant sales.

What is the underlying share ratio for Altisource (ASPS) Stakeholder Warrants sold in this Form 4?

Each Stakeholder Warrant is exercisable into 0.20313 shares of Altisource common stock. For each reported sale of 10,000 warrants, the Form 4 lists 2,031.3 underlying shares of ASPS common stock tied to that derivative position.

Were the reported Altisource (ASPS) warrant sales made under a Rule 10b5-1 trading plan?

The filing indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is shown as unchecked, and the footnotes describe the events simply as open-market sales of Stakeholder Warrants.
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)
08/05/2026
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)$0.000008/05/2026S10,000(1)07/25/202504/02/2029Common Stock2,031.3(2)$0.2821,688D
Net Settle Stakeholder Warrants (ASPSW) (Right to Buy)$0.000008/05/2026S10,000(3)07/25/202504/30/2032Common Stock2,031.3(4)$0.4190,000D
Explanation of Responses:
1. Reflects an open market sale of Altisource Portfolio Solutions S.A. ("ASPS") Cash Exercise Stakeholder Warrants (ASPSZ).
2. Each Cash Exercise Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
3. Reflects an open market sale of ASPS Net Settle Stakeholder Warrants (ASPSW).
4. Each Net Settle Stakeholder Warrant is exercisable into 0.20313 shares of ASPS Common Stock.
/s/ Teresa L. Szupello, Attorney-in-Fact08/07/2026
** 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)