Chair and CEO Shepro William B converted options into 103,716 shares, covered exercise/tax liability with 38,374 shares, gifted 65,342 shares and received a gift of 65,342 shares (SEC Form 4)
$ASPS
Other Consumer Services
Consumer Discretionary
| FORM 4 |
UNITED 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 |
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| 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*
(Street)
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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)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/19/2026 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 02/19/2026 | M | 103,716(1) | A | $0.0000 | 116,216 | D | |||
| Common Stock | 02/19/2026 | F | 38,374(2) | D | $0.0000 | 77,842 | D | |||
| Common Stock | 02/19/2026 | G | 65,342(3) | D | $0.0000 | 12,500 | D | |||
| Common Stock | 02/19/2026 | G | 65,342(3) | A | $0.0000 | 220,276 | I | William B. Shepro Revocable Trust | ||
| Restricted Share Units | 12,500 | D | ||||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Share Units | $0.0000 | 02/19/2026 | M | 103,716(1)(4) | (1) | (1) | Common Stock | 103,716 | $0.0000 | 207,431 | D | ||||
| Explanation of Responses: |
| 1. Mr. Shepro received 103,716 shares of ASPS common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2009 Equity Incentive Plan. The remaining 207,431 RSUs from such award are scheduled to vest in two installments on the second and third anniversaries of the grant date (i.e., February 19, 2027 and February 19, 2028. |
| 2. Of the 103,716 RSUs that vested, 38,374 shares of ASPS common stock were withheld to satisfy the tax withholding obligation, resulting in the delivery of 65,342 shares of ASPS common stock to Mr. Shepro. The price per share used to determine the tax withholding was the opening price of ASPS common stock on February 19, 2026. |
| 3. Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 65,342 shares of ASPS common stock acquired upon the vesting of RSUs under the Altisource 2009 Equity Incentive Plan. |
| 4. Each RSU represents a contingent right to receive one share of ASPS common stock. |
| Remarks: |
| All share amounts set forth in this Form 4 reflect the Company's 1:8 stock consolidation effected as of May 28, 2025. |
| /s/ Teresa L. Szupello, Attorney-in-Fact | 02/23/2026 | |
| ** Signature of Reporting Person | Date | |
| 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. | ||