Gregory J. Ritts - 09 Apr 2025 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Apr 2025, 12:51:05 UTC
Prior SEC filing
07 Apr 2025
Next SEC filing
26 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Teresa L. Szupello, Attorney-in-Fact

Key filing fact

Gregory J. Ritts filed Form 4 for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) on 09 Apr 2025.

Key facts

  • This page summarizes Gregory J. Ritts's Form 4 filing for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 09 Apr 2025, 12:51.

Change

  • Previous filing in this sequence was filed on 07 Apr 2025.
  • Current net transaction value: +$9,600.

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 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASPS transaction

Common Stock

Purchase

Transaction value
$9,600
Shares
+20,000
Change %
+7.9%
Price
$0.4800
Shares after
272,041
Date
09 Apr 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

ASPS transaction Derivative

Net Settle Stakeholder Warrants (Right to Buy)

Award

Transaction value
$0
Shares
+20,000
Change %
+2.2%
Price
$0.000000
Shares after
945,410
Date
09 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,500
Exercise price
$1.95
Footnotes
F3, F4
ASPS transaction Derivative

Cash Exercise Stakeholder Warrants (Right to Buy)

Award

Transaction value
$0
Shares
+20,000
Change %
+2.2%
Price
$0.000000
Shares after
945,410
Date
09 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,500
Exercise price
$1.95
Footnotes
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

Represents a private purchase of Altisource Portfolio Solutions S.A. common stock pursuant to a Purchase and Sale Agreement dated March 26, 2025.

Footnote F2

Includes 157,330 RSUs.

Footnote F3

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 F4

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).

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