Altisource grants CEO 112,951 restricted stock units

Shepro William B reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/22/2026 - 03:30 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Shepro William B reported acquisition or exercise transactions in this Form 4 filing.

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported that Chair and CEO William B. Shepro received an award of 112,951 time-based restricted share units under the Company’s 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of common stock at vesting.

According to the award terms, 70% of these RSUs will vest on February 24, 2027, and the remaining 30% will vest on May 21, 2028, the second anniversary of the grant date. Following this grant, Shepro holds 115,451 unvested RSUs, reflecting equity-based compensation rather than an open‑market share purchase.

Insider Trade Summary

Grant/Award: 112,951 shares

Grant/Award 1 txn

Insider Shepro William B

Role Chair and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	112,951	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 115,451 shares (Direct)

Footnotes (2)

1. F1. Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Shepro pursuant to the Company's 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 70% of the RSUs will vest on February 24, 2027, and the remaining 30% of the RSUs will vest on the second anniversary of the grant date (i.e., May 21, 2028). All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement.
2. F2. Represents unvested RSUs.

Key Figures

RSUs granted: 112,951 units Grant price: $0.0000 per unit RSUs after grant: 115,451 units +2 more

5 metrics

RSUs granted 112,951 units Time-based RSU award to Chair and CEO on May 21, 2026

Grant price $0.0000 per unit Equity compensation, not an open-market purchase

RSUs after grant 115,451 units Total unvested RSUs held following the reported transaction

First vesting tranche 70% of RSUs Scheduled to vest on February 24, 2027

Second vesting tranche 30% of RSUs Scheduled to vest on May 21, 2028

Key Terms

Restricted Share Units, time-based restricted stock units, 2009 Equity Incentive Plan, 2025 Annual Incentive Plan

4 terms

Restricted Share Units financial

"Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Shepro"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

time-based restricted stock units financial

"Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Shepro"

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

2009 Equity Incentive Plan financial

"All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement"

2025 Annual Incentive Plan financial

"RSUs granted to Mr. Shepro pursuant to the Company's 2025 Annual Incentive Plan"

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

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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)
05/21/2026

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
Restricted Share Units	05/21/2026		A		112,951(1)	A	$0.0000	115,451(2)	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

Explanation of Responses:

1. Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Shepro pursuant to the Company's 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 70% of the RSUs will vest on February 24, 2027, and the remaining 30% of the RSUs will vest on the second anniversary of the grant date (i.e., May 21, 2028). All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement.

2. Represents unvested RSUs.

	/s/ Teresa L. Szupello, Attorney-in-Fact	05/22/2026
	** 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)