Form 4: Altisource Director John G. Aldridge Jr. Receives Stock Compensation

Director John G. Aldridge Jr. receives 152,091 restricted share units (RSUs) as compensation for his role at Altisource Portfolio Solutions S.A.

Summary

• John G. Aldridge Jr., a director at Altisource Portfolio Solutions S.A. (ASPS), received 152,091 restricted share units (RSUs) on May 21, 2025, as compensation for his role as a non-management director for the 2025-2026 service year.
• Each RSU represents a contingent right to receive one share of ASPS Common Stock.
• The RSUs will vest on the date of the Company's 2026 Annual General Meeting of Shareholders, provided that Mr. Aldridge attends at least 75% of all Board and Committee meetings on which he serves.
• Mr. Aldridge also owns 125 previously granted restricted shares of ASPS Common Stock scheduled to vest on the date of the Company's 2026 Annual General Meeting of Shareholders, bringing his total holdings to 306,307 shares.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing him to contribute to the company's success.

Future Outlook

The vesting of the RSUs is contingent upon Mr. Aldridge's continued service and attendance at board and committee meetings, suggesting an expectation of his ongoing involvement with the company.

Industry Context

Director compensation in the form of stock options and RSUs is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• Shareholders: The granting of RSUs aligns the director's interests with those of the shareholders.
• Employees: The compensation structure for directors can influence overall employee morale and perception of fairness.

Next Steps

• Mr. Aldridge needs to attend at least 75% of all Board and Committee meetings on which he serves to ensure the RSUs vest.
• The company will hold its 2026 Annual General Meeting of Shareholders, at which point the RSUs and previously granted restricted shares will vest.

Key Dates

Keywords

Altisource Portfolio Solutions, Director Compensation, Restricted Share Units, RSUs, Beneficial Ownership, Form 4, ASPS, John G. Aldridge Jr.