Form 4: Altisource CEO Shepro's RSU Vesting & Trust Transfer

Altisource Portfolio Solutions S.A. CEO William B. Shepro reported the vesting of 4,695 restricted share units, with a portion withheld for taxes and the net shares transferred to a revocable trust.

Summary

• William B. Shepro, Chair and CEO of Altisource Portfolio Solutions S.A. (ASPS), reported transactions related to his beneficial ownership.
• On March 20, 2026, 4,695 shares of ASPS common stock were acquired upon the vesting of previously granted restricted share units (RSUs) under the Altisource 2023 Long Term Incentive Plan (LTIP).
• Of these vested shares, 1,735 shares were withheld to cover tax withholding obligations.
• The net issuance to Mr. Shepro was 2,960 shares.
• Subsequently, Mr. Shepro transferred these 2,960 shares by gift from his direct ownership to the William B. Shepro Revocable Trust.
• Following these transactions, Mr. Shepro directly owns 0 shares of common stock from this specific vesting event, but the William B. Shepro Revocable Trust now indirectly owns 233,240 shares of ASPS common stock.
• Mr. Shepro also holds 2,500 restricted share units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine compensation and personal estate planning transaction for an executive, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The vesting of RSUs indicates the fulfillment of long-term incentive plan conditions, potentially reflecting past performance or continued service by the CEO.
• The transfer of shares to a revocable trust is a common estate planning strategy for executives, demonstrating organized personal financial management.

Negatives

• 1,735 shares were disposed of to satisfy tax withholding obligations, reducing the net shares directly received by Mr. Shepro from the vesting event.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider transaction reports like Form 4 are standard disclosures for publicly traded companies, providing transparency into executive stock ownership changes. This specific filing reflects a routine compensation event rather than a strategic market move, aligning with typical executive long-term incentive plan structures.

Related Party Transactions

• The transfer of 2,960 shares of ASPS common stock by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust is a related party transaction, representing a personal estate planning move by the CEO.

Stakeholder Impact

• Minimal direct impact on shareholders, as this is a routine executive compensation event and personal estate planning transaction.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

Altisource Portfolio Solutions, ASPS, William B. Shepro, Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Long Term Incentive Plan, LTIP, Executive Compensation, Share Ownership, Trust Transfer