Form 4: Matthew T. Winkler Reports Acquisition of Altisource Portfolio Solutions Shares

Matthew T. Winkler, a new director of Altisource Portfolio Solutions S.A., reports the acquisition of common stock and restricted share units (RSUs) as part of his compensation.

Summary

• Matthew T. Winkler, a newly elected non-management Director of Altisource Portfolio Solutions S.A. (ASPS), filed a Form 4.
• On May 21, 2025, Mr. Winkler received 500 restricted shares of ASPS Common Stock as a one-time award.
• These shares will vest in four equal installments, starting with the date of the Company's Annual General Meeting of Shareholders following the grant, and then on the dates of the next three Annual Meetings.
• Also on May 21, 2025, Mr. Winkler was granted 152,091 restricted share units (RSUs) 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 Meeting, provided Mr. Winkler attends at least 75% of all Board and Committee meetings on which he serves.
• Following these transactions, Mr. Winkler beneficially owns 500 shares of Common Stock directly and 152,591 RSUs.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with shareholders.

Positives

• The acquisition of shares and RSUs aligns Mr. Winkler's interests with those of the shareholders.
• The vesting requirements for the RSUs incentivize Mr. Winkler to actively participate in Board and Committee meetings.

Future Outlook

The vesting of the restricted shares and RSUs is contingent upon future events, such as attendance at board meetings and the timing of annual meetings.

Industry Context

This filing is a routine disclosure related to director compensation and beneficial ownership, common in publicly traded companies.

Management Changes

Stakeholder Impact

• Shareholders may view the compensation package positively as it aligns the director's interests with the company's performance.
• The vesting requirements incentivize the director to actively participate in the company's governance.

Next Steps

• Mr. Winkler will need to meet the attendance requirements to vest the RSUs.
• The company will hold its Annual General Meetings of Shareholders, which will trigger vesting events for the restricted shares.

Key Dates

Keywords

Form 4, Altisource Portfolio Solutions, ASPS, Matthew T. Winkler, Director, Restricted Shares, RSUs, Beneficial Ownership, Compensation