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Altisource (ASPS) CFO RSU vesting leads to 4,394 shares withheld for tax

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

Rhea-AI Filing Summary

Altisource Portfolio Solutions reported that Chief Financial Officer Michelle D. Esterman had 4,394 shares of common stock withheld to cover tax obligations when previously granted time-based RSUs vested under the 2024 Annual Incentive Plan. After this tax-withholding disposition, she beneficially owns 107,322 common shares, including 4,512 RSUs, and received 13,653 net shares from the vesting.

Positive

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Negative

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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*
Esterman Michelle D.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
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
Common Stock 02/25/2026 F 4,394(1) D (1) 107,322(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. Shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock were withheld to satisfy Ms. Esterman's tax withholding obligation upon the vesting of previously reported time based restricted share units ("RSUs") granted pursuant to the Company's 2024 Annual Incentive Plan ("AIP"). A total of 4,394 shares were withheld, and 13,653 shares were delivered to Ms. Esterman. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026.
2. Includes 4,512 RSUs.
/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 transaction did Altisource (ASPS) report for CFO Michelle Esterman?

Altisource reported a tax-withholding disposition by CFO Michelle Esterman. 4,394 shares of common stock were withheld to satisfy taxes upon vesting of previously granted RSUs, with 13,653 shares delivered to her.

Was the Altisource (ASPS) CFO’s Form 4 transaction an open-market sale?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay Ms. Esterman’s tax obligation triggered by vesting of time-based RSUs under the 2024 Annual Incentive Plan.

How many Altisource (ASPS) shares were withheld for the CFO’s taxes?

A total of 4,394 shares of Altisource common stock were withheld. This withholding satisfied Ms. Esterman’s tax obligation upon RSU vesting and was calculated using the opening stock price on February 25, 2026.

How many Altisource (ASPS) shares did the CFO receive after RSU vesting?

Following RSU vesting and tax withholding, 13,653 shares of Altisource common stock were delivered to Ms. Esterman. These shares came from previously reported time-based RSUs granted under the 2024 Annual Incentive Plan.

What is the Altisource (ASPS) CFO’s ownership after this Form 4 transaction?

After the transaction, Ms. Esterman beneficially owns 107,322 shares of Altisource common stock. This figure includes 4,512 RSUs, reflecting both her stock and outstanding restricted share units reported in the filing.

How was the tax withholding for Altisource (ASPS) CFO’s RSUs calculated?

The tax withholding was calculated using the opening price of Altisource common stock on February 25, 2026. That price determined how many shares, specifically 4,394, were needed to satisfy Ms. Esterman’s tax obligation.
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