Esterman Michelle D. 4

What Happened

• Michelle D. Esterman, Chief Financial Officer of Altisource Portfolio Solutions S.A. (ASPS), was granted 23,717 restricted stock units (RSUs) on May 21, 2026. The transaction is reported as an award/grant (code A) with an acquisition price of $0.00 (typical for equity compensation awards).
• Each RSU represents a contingent right to one share of common stock. Per the filing, 70% of the RSUs vest on February 24, 2027, and the remaining 30% vest on the second anniversary of the grant (May 21, 2028). The award is governed by the Company’s 2009 Equity Incentive Plan and the applicable award agreement.

Key Details

• Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (within the normal two-business-day reporting window).
• Award size: 23,717 RSUs; reported acquisition price: $0.00.
• Vesting: 70% on Feb 24, 2027; 30% on May 21, 2028.
• Footnote F1: Confirms RSUs are time‑based and governed by the plan/award agreement. Footnote F2: filing references 28,229 unvested RSUs (in addition to this grant).
• Shares owned after the transaction are not specified in the filed excerpt.

Context

• RSUs are compensation awards that convert to shares only if and when they vest; they are not an immediate purchase or sale and do not necessarily signal the insider buying or selling stock.
• This is a standard executive equity grant (not a 10b5-1 sale or an option exercise).