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Form 4 ALTISOURCE PORTFOLIO For: Jul 28 Filed by: Shepro William B

July 29, 2026 10:37 AM
FORM 4 UNITED 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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Shepro William B

(Last) (First) (Middle)
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
33, BOULEVARD PRINCE HENRI

(Street)
LUXEMBOURG L-1724

(City) (State) (Zip)
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair and CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 07/28/2026 P 4,000 A $ 5.18 (1) 8,686 I The Gina H. Shepro Revocable Trust (2)
Common Stock 232,064 I The William B. Shepro Revocable Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Net Settle Stakeholder Warrants (Right to Buy) $ 1.95 07/25/2025 04/30/2032 Common Stock 9,400 9,400 I The Gina H. Shepro Revocable Trust (2)
Cash Exercise Stakeholder Warrants (Right to Buy) $ 1.95 07/25/2025 04/02/2029 Common Stock 9,400 9,400 I The Gina H. Shepro Revocable Trust (2)
Cash Exercise Stakeholder Warrants (Right to Buy) $ 1.95 07/25/2025 04/02/2029 Common Stock 2,253,673 2,253,673 I The William B. Shepro Revocable Trust
Net Settle Stakeholder Warrants (Right to Buy) $ 1.95 07/25/2025 04/30/2032 Common Stock 2,253,673 2,253,673 I The William B. Shepro Revocable Trust
Explanation of Responses:
1. The reported price represents a weighted average purchase price. The shares were purchased in multiple transactions at prices ranging from $5.15 to $5.22 per share. Upon request by the SEC staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.
2. The reporting person has determined that securities beneficially owned by the Gina H. Shepro Revocable Trust were previously reflected in the holdings reported through the William B. Shepro Revocable Trust. This Form 4 separately reports the holdings through each trust to reflect the reporting person's current understanding of the ownership structure. This clarification does not reflect a transaction or any change in the reporting person's aggregate beneficial ownership.
/s/ Teresa L. Szupello, Attorney-in-Fact 07/29/2026
** Signature of Reporting Person Date
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.

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