Form 4: Altisource CEO Shepro Reports RSU Vesting, Trust Transfer

Altisource Portfolio Solutions S.A. Chairman and CEO William B. Shepro reported the vesting of restricted share units, subsequent tax withholding, and a transfer of shares to a revocable trust.

Summary

• William B. Shepro, Chairman and CEO of Altisource Portfolio Solutions S.A. (ASPS), reported transactions related to his equity compensation on February 20, 2026.
• Mr. Shepro received 5,877 shares of ASPS common stock upon the vesting of time-based Restricted Share Units (RSUs) from awards under the Company's 2024 Long Term Incentive Plan and 2023 Annual Incentive Plan.
• Of these vested shares, 2,173 were withheld to satisfy tax withholding obligations, resulting in a net delivery of 3,704 shares of ASPS common stock to Mr. Shepro.
• The 3,704 shares received were subsequently transferred by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust.
• Additionally, 3,256 derivative Restricted Share Units vested under the Company's 2009 Equity Incentive Plan and 2024 LTIP, with an equal number of common shares underlying them.
• Another 2,621 derivative Restricted Share Units, representing the final vesting from the 2023 Annual Incentive Plan, also vested.
• Following these transactions, Mr. Shepro directly owns 0 shares of common stock and indirectly owns 223,980 shares through the William B. Shepro Revocable Trust.
• He also directly holds 3,256 derivative Restricted Share Units, which are scheduled to vest on February 20, 2027.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine and expected executive compensation event, reflecting the vesting of previously granted equity awards. The transfer to a revocable trust is a personal estate planning matter, not directly impacting company operations or valuation.

Positives

• The vesting of 5,877 shares and 5,877 derivative RSUs (3,256 + 2,621) indicates the successful achievement of compensation milestones for the Chairman and CEO.
• These transactions reflect a standard process for executive equity compensation, aligning management's interests with shareholders.

Negatives

• 2,173 shares were withheld to cover tax obligations, which is a standard event but reduces the net number of shares directly received by Mr. Shepro.

Future Outlook

Remaining 3,256 derivative Restricted Share Units are scheduled to vest on February 20, 2027.

Industry Context

StockSavvy.ai notes that insider transactions, such as the vesting of Restricted Share Units for executive compensation, are routine events in publicly traded companies. These transactions are a standard mechanism for aligning executive incentives with long-term company performance and shareholder value.

Related Party Transactions

• A transfer by gift of 3,704 shares of ASPS common stock from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust.

Stakeholder Impact

• Shareholders: The transactions represent a standard component of executive compensation, which is a routine operational cost and incentive mechanism. No direct material impact on company operations or financial health is indicated.
• Employees: No direct impact on general employees is indicated by this executive compensation report.

Next Steps

• The remaining 3,256 derivative Restricted Share Units held by Mr. Shepro are scheduled to vest on February 20, 2027.

Key Dates

Recommendation

This filing is a routine disclosure of executive compensation and personal estate planning, not indicative of fundamental company performance or strategic shifts that would warrant a change in investment recommendation. Investors should consider broader company financials and market conditions.

Keywords

Altisource, ASPS, William B. Shepro, Form 4, RSU, Restricted Share Units, Insider Transaction, Equity Incentive Plan, CEO, Director, Stock Vesting, Trust Transfer