Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2025-03-24 00:00:00 ET · period of report 2025-03-20 · accession 0001664272-25-000237 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-24 | 2025-03-20 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | +9,037 | 256.3K | +4% | $0 |
| D | 2025-03-24 | 2025-03-20 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | F - Tax | $0.89 | -4,247 | 252.0K | -2% | -$3,780 |
| DM | 2025-03-24 | 2025-03-20 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | -9,037 | 4,167 | -68% | $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 | M | A | 9,037 | $0.00 | 256,288 | D | — | — | (F1) Mr. Ritts received 9,037 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 (the "LTIP") and 2023 Annual Incentive Plan ("AIP"). |
| 2 | Common | Common Stock | 2025-03-20 | F | D | 4,247 | $0.89 | 252,041 | D | — | — | (F2) Of the RSUs vesting into shares reported above, 4,247 shares were forgone to pay for the tax withholding with a net issuance to Mr. Ritts of 4,790 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. (F3) Includes previously granted RSUs. |
| 3 | Derivative | Restricted Share Units | 2025-03-20 | M | D | 4,871 | $0.00 | 0 | D | — · — to — | 4,871 Common Stock | (F7) Represents the final vesting of time-based RSUs granted to Mr. Ritts 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. |
| 4 | Derivative | Restricted Share Units | 2025-03-20 | M | D | 4,166 | $0.00 | 4,167 | D | — · — to — | 4,166 Common Stock | (F5) Represents the vesting of the second tranche of Type I Time-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. (F6) The remaining 4,167 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. |