Does each ASPS restricted share unit equal one share of stock?

Yes. Each restricted share unit held by Gregory J. Ritts represents a contingent right to receive one share of ASPS common stock. When vesting conditions are met, the RSUs convert into an equivalent number of common shares as shown in this Form 4.

Altisource (ASPS) legal chief receives net 723 shares in RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Altisource Portfolio Solutions S.A. Chief Legal/Compliance Officer Gregory J. Ritts received 1,145 shares of common stock on March 20, 2026 from vesting restricted share units under the 2023 long-term incentive plan. Of these, 422 shares were withheld for taxes, so he received 723 shares net and now holds 49,750 shares directly. The vested awards represent final vestings of time-based, performance-based, and performance- and market-based RSUs granted in 2023.

Insider Trade Summary

1,145 shares exercised/converted

Mixed 5 txns

Insider RITTS GREGORY J.

Role Chief Legal/Compliance Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	520	$0.00	--
Exercise	Restricted Share Units	313	$0.00	--
Exercise	Restricted Share Units	312	$0.00	--
Exercise	Common Stock	1,145	$0.00	--
Tax Withholding	Common Stock	422	$0.00	--

Holdings After Transaction: Restricted Share Units — 0 shares (Direct); Common Stock — 50,172 shares (Direct)

Footnotes (1)

Mr. Ritts received 1,145 shares of Altisource Portfolio Solutions S.A. ("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"). Of the RSUs vesting into shares, 422 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Ritts of 723 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. Includes 3,933 RSUs previously reported in Table I. Each RSU represents a contingent right to receive one share of ASPS common stock. Represents the final vesting of time-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. Represents the final vesting of performance- and market-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP.

Form 4 Insider Transactions: What Each Field Means →

03/24/2026 - 07:52 PM

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

RITTS GREGORY J.

(Last)

(First)

(Middle)

C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.

33, BOULEVARD PRINCE HENRI

(Street)

LUXEMBOURG

L-1724

(City)

(State)

(Zip)

LUXEMBOURG

(Country)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal/Compliance Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/20/2026		M		1,145⁽¹⁾	A	$0	50,172	D
Common Stock	03/20/2026		F		422⁽²⁾	D	$0	49,750⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Units	⁽⁴⁾	03/20/2026		M		520⁽⁵⁾		⁽⁵⁾	⁽⁵⁾	Common Stock	520	$0	0	D
Restricted Share Units	⁽⁴⁾	03/20/2026		M		313⁽⁶⁾		⁽⁶⁾	⁽⁶⁾	Common Stock	313	$0	0	D
Restricted Share Units	⁽⁴⁾	03/20/2026		M		312⁽⁷⁾		⁽⁷⁾	⁽⁷⁾	Common Stock	312	$0	0	D

Explanation of Responses:

1. Mr. Ritts received 1,145 shares of Altisource Portfolio Solutions S.A. ("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").

2. Of the RSUs vesting into shares, 422 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Ritts of 723 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.

3. Includes 3,933 RSUs previously reported in Table I.

4. Each RSU represents a contingent right to receive one share of ASPS common stock.

5. Represents the final vesting of time-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP.

6. Represents the final vesting of performance-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP.

7. Represents the final vesting of performance- and market-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP.

	/s/ Teresa L. Szupello, Attorney-in-Fact	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ASPS disclose for Gregory J. Ritts?

ASPS disclosed that Chief Legal/Compliance Officer Gregory J. Ritts received 1,145 common shares from vesting restricted share units. These RSUs were granted under the 2023 long-term incentive plan and converted into shares on March 20, 2026 as part of his equity compensation.

How many Altisource (ASPS) shares did Gregory J. Ritts receive net of taxes?

After tax withholding, Gregory J. Ritts received 723 ASPS common shares. Of the 1,145 shares issued upon RSU vesting, 422 shares were withheld to satisfy tax obligations, leaving this net issuance as additional directly held stock.

Why were 422 ASPS shares withheld from Gregory J. Ritts’s RSU vesting?

Altisource withheld 422 shares from Gregory J. Ritts’s RSU vesting to cover tax withholding obligations. The number of shares withheld was calculated using the opening price of ASPS common stock on March 20, 2026, as specified in the award agreements.

How many ASPS shares does Gregory J. Ritts own after this Form 4 event?

Following the RSU vesting and related tax withholding, Gregory J. Ritts directly owns 49,750 shares of ASPS common stock. This figure reflects his updated direct holdings after receiving 1,145 shares and having 422 shares withheld for taxes.

What types of RSUs vested for Gregory J. Ritts at Altisource (ASPS)?

The vesting included final tranches of time-based, performance-based, and performance- and market-based RSUs granted on March 20, 2023. All these awards were issued under the Altisource 2023 Long Term Incentive Plan and converted into common stock on March 20, 2026.