Shepro William B 4

4 · ALTISOURCE PORTFOLIO SOLUTIONS S.A. · Filed Mar 24, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

Altisource (ASPS) CEO William Shepro Receives RSU Shares; Gifts 2,960

What Happened

William B. Shepro, Chair, CEO and Director of Altisource Portfolio Solutions S.A. (ASPS), had previously granted restricted share units (RSUs) vest on March 20, 2026, resulting in 4,695 shares issued upon conversion of the RSUs (no cash paid). Of those, 1,735 shares were withheld to satisfy tax-withholding obligations (based on the opening price on March 20, 2026), yielding a net issuance of 2,960 shares to Mr. Shepro. He then transferred (gifted) 2,960 shares to the William B. Shepro Revocable Trust. The vesting comprised final installments of time-based, performance-based, and performance-and-market-based RSUs granted on March 20, 2023.

Key Details

Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (timely filing).
Shares vesting/converted: 4,695 shares (conversion of RSUs; transaction code M).
- Tax withholding: 1,735 shares withheld (code F) based on opening price on 3/20/2026.
- Net issued to Shepro: 2,960 shares.
- Transfer: 2,960 shares transferred to the William B. Shepro Revocable Trust (gift/transfer; code G).
Breakdown in filing: 4,695 = 2,134 + 1,281 + 1,280 (reflecting final vesting across RSU categories).
Shares owned after transaction: not specified in the provided filing excerpt.
Footnotes: RSUs each represent a contingent right to one share; these were final vesting tranches from the Altisource 2023 LTIP.

Context

These transactions reflect RSU vesting and internal transfers, not open-market buys or sales; no cash purchase was made (cashless conversion of RSUs).
The transfer to a revocable trust is a personal estate planning move (a gift/transfer) and should not be interpreted as a market sentiment signal.
Tax-withholding via share surrender is common for RSU vesting and is routine reporting (transaction codes: M = conversion/exercise of derivative/RSU, F = tax withholding, G = gift/transfer).

Form 4

Period: 2026-03-20

DirectorChair and CEO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-20+4,695→ 4,695 total
Tax Payment
Common Stock
[F2]
2026-03-20−1,735→ 2,960 total
Gift
Common Stock
[F3]
2026-03-20−2,960→ 0 total
Gift
Common Stock
[F3]
2026-03-20+2,960→ 233,240 total(indirect: By Trust)
Exercise/Conversion
Restricted Share Units
[F4][F5]
2026-03-20−2,134→ 0 total
→ Common Stock (2,134 underlying)
Exercise/Conversion
Restricted Share Units
[F4][F6]
2026-03-20−1,281→ 0 total
→ Common Stock (1,281 underlying)
Exercise/Conversion
Restricted Share Units
[F4][F7]
2026-03-20−1,280→ 0 total
→ Common Stock (1,280 underlying)

Holdings

Footnotes (7)

[F1]Mr. Shepro received 4,695 shares of Altisource Portfolio Solutions S.A. ("Altisource" or "ASPS") common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2023 Long Term Incentive Plan ("LTIP").
[F2]Of the RSUs vesting into shares, 1,735 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Shepro of 2,960 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, 2026.
[F3]Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 2,960 shares of ASPS common stock acquired upon the vesting of RSUs, pursuant to previously granted LTIP awards.
[F4]Each RSU represents a contingent right to receive one share of ASPS common stock.
[F5]Represents the final vesting of time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.
[F6]Represents the final vesting of performance-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.
[F7]Represents the final vesting of performance- and market-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.

Signature

/s/ Teresa L. Szupello, Attorney-in-Fact|2026-03-24

1 file