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Altisource Portfolio Solutions (ASPS) grants RSUs to legal chief Ritts

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported that Chief Legal/Compliance Officer Gregory J. Ritts acquired 19,779 shares of Common Stock through a grant of time-based restricted stock units (RSUs) under the Company’s 2025 Annual Incentive Plan.

Each RSU represents a contingent right to one share of Common Stock. According to the award terms, 70% of the RSUs will vest on February 24, 2027, and the remaining 30% will vest on May 21, 2028. After this grant, Ritts directly holds 69,529 shares of Common Stock, which include 23,712 unvested RSUs governed by the Company’s 2009 Equity Incentive Plan and the applicable award agreement.

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Insider RITTS GREGORY J.
Role Chief Legal/Compliance Officer
Type Security Shares Price Value
Grant/Award Common Stock 19,779 $0.00 --
Holdings After Transaction: Common Stock — 69,529 shares (Direct, null)
Footnotes (1)
  1. Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Ritts pursuant to the Company's 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 70% of the RSUs will vest on February 24, 2027, and the remaining 30% of the RSUs will vest on the second anniversary of the grant date (i.e., May 21, 2028). All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement. Includes 23,712 unvested RSUs.
RSUs granted 19,779 RSUs Time-based award under 2025 Annual Incentive Plan
Shares held after transaction 69,529 shares Direct Common Stock holdings after RSU grant
First vesting tranche 70% of RSUs Scheduled to vest on February 24, 2027
Second vesting tranche 30% of RSUs Scheduled to vest on May 21, 2028
Unvested RSUs included 23,712 RSUs Portion of total direct holdings that remains unvested
Transaction code Code A Grant, award, or other acquisition of Common Stock
restricted stock units ("RSUs") financial
"Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Ritts"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2025 Annual Incentive Plan financial
"RSUs granted to Mr. Ritts pursuant to the Company's 2025 Annual Incentive Plan"
2009 Equity Incentive Plan financial
"All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement"
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
LUXEMBOURGL-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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal/Compliance Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A19,779(1)A$0.000069,529(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Ritts pursuant to the Company's 2025 Annual Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 70% of the RSUs will vest on February 24, 2027, and the remaining 30% of the RSUs will vest on the second anniversary of the grant date (i.e., May 21, 2028). All terms will be governed by the 2009 Equity Incentive Plan and applicable award agreement.
2. Includes 23,712 unvested RSUs.
/s/ Teresa L. Szupello, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
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