Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2025-03-24 00:00:00 ET · period of report 2025-03-20 · accession 0001664272-25-000236 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-03-24 | 2025-03-20 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +22.7K | 1.03M | +2% | $0 |
| D | 2025-03-24 | 2025-03-20 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $0.89 | -20.3K | 122.7K | -14% | -$18.1K |
| D | 2025-03-24 | 2025-03-20 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +43.0K | 143.0K | +43% | $0 |
| D | 2025-03-24 | 2025-03-20 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -22.7K | 100.0K | -18% | $0 |
| DM | 2025-03-24 | 2025-03-20 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -43.0K | 17.1K | -72% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-20 | G | A | 22,694 | $0.00 | 1,028,976 | I | — | — | (F3) Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 22,694 shares of ASPS common stock acquired upon the vesting of time-based RSUs pursuant to previously granted LTIP and AIP awards. |
| 2 | Common | Common Stock | 2025-03-20 | F | D | 20,282 | $0.89 | 122,694 | D | — | — | (F2) Of the RSUs vesting into shares reported above, 20,282 shares were forgone to pay for the tax withholding with a net issuance to Mr. Shepro of 22,694 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2025. |
| 3 | Common | Common Stock | 2025-03-20 | M | A | 42,976 | $0.00 | 142,976 | D William B. Shepro Revocable Trust | — | — | (F1) Mr. Shepro received 42,976 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2023 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP"). |
| 4 | Common | Common Stock | 2025-03-20 | G | D | 22,694 | $0.00 | 100,000 | D | — | — | (F3) Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 22,694 shares of ASPS common stock acquired upon the vesting of time-based RSUs pursuant to previously granted LTIP and AIP awards. |
| 5 | Derivative | Restricted Share Units | 2025-03-20 | M | D | 25,904 | $0.00 | 0 | D | — · — to — | 25,904 Common Stock | (F7) Represents the final vesting of time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 AIP. (F4) Each RSU represents a contingent right to receive one share of ASPS common stock. |
| 6 | Derivative | Restricted Share Units | 2025-03-20 | M | D | 17,072 | $0.00 | 17,073 | D | — · — to — | 17,072 Common Stock | (F5) Represents the vesting of the second tranche of Type I Time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP. (F6) The remaining 17,073 Type I Time-based RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 20, 2026). (F4) Each RSU represents a contingent right to receive one share of ASPS common stock. |