STOCK TITAN

Altisource (ASPS) grants 19,215 RSUs to board director

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

Rhea-AI Filing Summary

MORETTINI JOSEPH L reported acquisition or exercise transactions in this Form 4 filing.

ALTISOURCE PORTFOLIO SOLUTIONS S.A. director Joseph L. Morettini reported an equity compensation grant. On May 21, 2026, he received 19,215 restricted share units (RSUs) as compensation for his service as a non-management director for the 2026–2027 service year.

Each RSU represents a contingent right to receive one share of Altisource common stock. The RSUs will vest on the date of the Company’s 2027 Annual General Meeting of Shareholders if he attends at least 75% of all Board and Committee meetings on which he serves. Following this award, he directly holds 57,185 shares of common stock, including 19,215 unvested RSUs.

Positive

  • None.

Negative

  • None.
Insider MORETTINI JOSEPH L
Role null
Type Security Shares Price Value
Grant/Award Common Stock 19,215 $0.00 --
Holdings After Transaction: Common Stock — 57,185 shares (Direct, null)
Footnotes (1)
  1. On May 21, 2026, Mr. Morettini received 19,215 restricted share units ("RSUs") as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A. ("ASPS" or the "Company") for the 2026 to 2027 service year. Each RSU represents a contingent right to receive one share of ASPS Common Stock. The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders, provided that Mr. Morettini attends at least 75% of all Board and Committee meetings on which he serves. Includes 19,215 unvested RSUs.
RSUs granted 19,215 RSUs Equity compensation for 2026–2027 service year
Shares after transaction 57,185 shares Direct holdings following RSU award, includes unvested RSUs
RSUs included in holdings 19,215 RSUs Unvested RSUs included in reported total holdings
Transaction date May 21, 2026 Grant/award acquisition of RSUs reported on Form 4
Grant price per share $0.00 per share RSU equity award received as compensation, not a purchase
restricted share units ("RSUs") financial
"On May 21, 2026, Mr. Morettini received 19,215 restricted share units ("RSUs") as compensation"
non-management director financial
"as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A."
contingent right financial
"Each RSU represents a contingent right to receive one share of ASPS Common Stock."
Annual General Meeting of Shareholders financial
"The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders"
Board and Committee meetings financial
"provided that Mr. Morettini attends at least 75% of all Board and Committee meetings on which he serves."
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)
05/21/2026
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
Common Stock05/21/2026A19,215(1)A$0.000057,185(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On May 21, 2026, Mr. Morettini received 19,215 restricted share units ("RSUs") as compensation for his service as a non-management director of Altisource Portfolio Solutions S.A. ("ASPS" or the "Company") for the 2026 to 2027 service year. Each RSU represents a contingent right to receive one share of ASPS Common Stock. The RSUs will vest on the date of the Company's 2027 Annual General Meeting of Shareholders, provided that Mr. Morettini attends at least 75% of all Board and Committee meetings on which he serves.
2. Includes 19,215 unvested RSUs.
Remarks:
The amount of securities beneficially owned following the reported transaction set forth in this Form 4 reflects the Company's 1:8 share consolidation effected as of May 28, 2025.
/s/ Teresa L. Szupello, Attorney-in-Fact05/26/2026
** 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)

FAQ

What did Altisource (ASPS) director Joseph L. Morettini report on this Form 4?

Joseph L. Morettini reported receiving 19,215 restricted share units as equity compensation. These RSUs relate to his service as a non-management director of Altisource Portfolio Solutions S.A. for the 2026–2027 service year and are not an open-market stock purchase.

How many Altisource (ASPS) RSUs were granted to Joseph L. Morettini?

He was granted 19,215 restricted share units. Each RSU represents a contingent right to receive one share of Altisource common stock, subject to vesting conditions tied to Board and Committee meeting attendance and the timing of the 2027 Annual General Meeting.

What are the vesting conditions for Joseph L. Morettini’s 19,215 Altisource (ASPS) RSUs?

The 19,215 RSUs will vest on the date of Altisource’s 2027 Annual General Meeting of Shareholders. Vesting requires that Mr. Morettini attend at least 75% of all Board and Committee meetings on which he serves during the relevant service period.

How many Altisource (ASPS) shares does Joseph L. Morettini hold after this RSU grant?

After the grant, he directly holds 57,185 shares of Altisource common stock. This total includes 19,215 unvested restricted share units, which will convert into shares only if the specified vesting conditions are satisfied by the 2027 Annual General Meeting.

Is Joseph L. Morettini’s Altisource (ASPS) transaction a market purchase or sale?

The transaction is an equity compensation award, not a market trade. He received 19,215 restricted share units at no cash cost per share as compensation for his non-management director service, subject to vesting based on meeting attendance and the 2027 shareholder meeting date.