William B. Shepro - 03 Apr 2025 Form 4/A - Amendment Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Reporting relationship: Chairman and CEO, Director
Issuer ticker: ASPS
Reported as of: 03 Apr 2025
Net transaction value: $0
SEC form: 4/A - Amendment
Accepted by SEC: 08 Apr 2025, 16:51:47 UTC
Original report date: 07 Apr 2025
Prior SEC filing: 01 Apr 2025
Next SEC filing: 23 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Teresa L. Szupello, Attorney-in-Fact

Key filing fact

William B. Shepro filed Form 4/A - Amendment for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) on 08 Apr 2025.

Key facts

This page summarizes William B. Shepro's Form 4/A - Amendment filing for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS).
8 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 08 Apr 2025, 16:51.

Change

Previous filing in this sequence was filed on 01 Apr 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASPS transaction Derivative

Cash Exercise Stakeholder Warrants (Right to Buy)

Award

Transaction value: $0
Shares: +3,085,748
Change %
Price: $0.000000
Shares after: 3,085,748
Date: 03 Apr 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,014,340
Exercise price: $1.95
Footnotes: F1, F2, F3

ASPS transaction Derivative

Cash Exercise Stakeholder Warrants (Right to Buy)

Gift

Transaction value: $0
Shares: -210,498
Change %: -6.8%
Price: $0.000000
Shares after: 2,875,250
Date: 03 Apr 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 342,059
Exercise price: $1.95
Footnotes: F1, F3, F4

ASPS transaction Derivative

Net Settle Stakeholder Warrants (Right to Buy)

Award

Transaction value: $0
Shares: +3,085,748
Change %
Price: $0.000000
Shares after: 3,085,748
Date: 03 Apr 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,014,340
Exercise price: $1.95
Footnotes: F1, F2, F3

ASPS transaction Derivative

Net Settle Stakeholder Warrants (Right to Buy)

Gift

Transaction value: $0
Shares: -210,498
Change %: -6.8%
Price: $0.000000
Shares after: 2,875,250
Date: 03 Apr 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 342,059
Exercise price: $1.95
Footnotes: F1, F3, F4

ASPS transaction Derivative

Net Settle Stakeholder Warrants (Right to Buy)

Gift

Transaction value: $0
Shares: +210,498
Change %
Price: $0.000000
Shares after: 210,498
Date: 03 Apr 2025
Ownership: William B. Shepro Revocable Trust
Underlying class: Common Stock
Underlying amount: 342,059
Exercise price: $1.95
Footnotes: F1, F3, F4

ASPS transaction Derivative

Net Settle Stakeholder Warrants (Right to Buy)

Award

Transaction value: $0
Shares: +940,969
Change %: +447%
Price: $0.000000
Shares after: 1,151,467
Date: 03 Apr 2025
Ownership: William B. Shepro Revocable Trust
Underlying class: Common Stock
Underlying amount: 1,529,074
Exercise price: $1.95
Footnotes: F1, F2, F3

ASPS transaction Derivative

Cash Exercise Stakeholder Warrants (Right to Buy)

Award

Transaction value: $0
Shares: +940,969
Change %
Price: $0.000000
Shares after: 940,969
Date: 03 Apr 2025
Ownership: William B. Shepro Revocable Trust
Underlying class: Common Stock
Underlying amount: 1,529,074
Exercise price: $1.95
Footnotes: F1, F2, F3

ASPS transaction Derivative

Cash Exercise Stakeholder Warrants (Right to Buy)

Gift

Transaction value: $0
Shares: +210,498
Change %: +22%
Price: $0.000000
Shares after: 1,151,467
Date: 03 Apr 2025
Ownership: William B. Shepro Revocable Trust
Underlying class: Common Stock
Underlying amount: 342,059
Exercise price: $1.95
Footnotes: F1, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The reporting person has amended this Form 4 to (i) include missing footnotes or delete footnotes and (ii) adjust certain dates and numbers.

Footnote F2

The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration.

Footnote F3

The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20).

Footnote F4

Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of Warrants.