Altisource (ASPS) legal chief uses stock to cover taxes

Rhea-AI Filing Summary

Altisource Portfolio Solutions’ Chief Legal/Compliance Officer Gregory J. Ritts had company shares withheld to cover taxes on vesting restricted share units, rather than selling stock on the market. A total of 5,821 shares were withheld and 9,912 shares were delivered to him, leaving 55,911 shares owned, including 6,826 RSUs.

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^*

RITTS GREGORY J.

(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 Legal/Compliance 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		5,821(1)	D	(1)	55,911(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 Mr. Ritts' tax withholding obligation upon the vesting of previously reported time-based restricted share units, granted pursuant to the Company's 2024 Annual Incentive Plan. A total of 5,821 shares were withheld, and 9,912 shares were delivered to Mr. Ritts. The tax withholding was calculated based on the opening price of ASPS common stock on February 25, 2026.

2. Includes 6,826 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).
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FAQ

What insider transaction did Altisource (ASPS) report for Gregory J. Ritts?

Altisource reported that Chief Legal/Compliance Officer Gregory J. Ritts had shares withheld to satisfy tax obligations on vesting RSUs. 5,821 shares were withheld and 9,912 shares were delivered, a routine tax-withholding disposition rather than an open-market sale.

How many Altisource (ASPS) shares were withheld for taxes in this Form 4?

The transaction shows 5,821 shares of Altisource common stock were withheld to cover Mr. Ritts’ tax withholding obligation. This occurred upon vesting of previously reported time-based restricted share units under the company’s 2024 Annual Incentive Plan.

Did Altisource’s Gregory J. Ritts sell shares on the open market in this filing?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were automatically withheld by Altisource upon RSU vesting to pay Mr. Ritts’ tax liability, with remaining vested shares delivered to him.

How many Altisource (ASPS) shares were delivered to Gregory J. Ritts after withholding?

After withholding 5,821 shares for taxes, 9,912 Altisource common shares were delivered to Mr. Ritts. These shares resulted from the vesting of previously granted time-based restricted share units under the company’s 2024 Annual Incentive Plan.

What is Gregory J. Ritts’ Altisource share ownership after this Form 4 transaction?

Following the tax-withholding transaction, Mr. Ritts beneficially owns 55,911 Altisource common shares. This total includes 6,826 restricted share units (RSUs), which represent rights to receive shares in the future subject to vesting conditions.

How was the tax withholding on Altisource (ASPS) RSUs calculated for this transaction?

The tax withholding was calculated using the opening price of Altisource common stock on February 25, 2026. Based on that price, 5,821 shares were withheld to satisfy Mr. Ritts’ tax obligation when his time-based RSUs vested.