ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2025

Jan 31, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2025-01-29

Reporting Person: Shepro William B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-29	Common Stock	A	99968.0000	$0.7130	Acquired	964527.0000	Indirect
2025-01-29	Common Stock	F	47150.0000	$0.6800	Disposed	917377.0000	Indirect
2025-01-29	Common Stock	M	10707.0000	$0.0000	Acquired	928084.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-29	Restricted Share Units	$0.0000	M	10707.0000	Disposed		Common Stock (10707.0000)	Direct

Footnotes

F1: As part of a previously disclosed company-wide cost reduction plan, Mr. Shepro has volunteered to temporarily modify his compensation by offering the Company the option to replace up to 30% of his base compensation with a grant of unrestricted ASPS common stock (the "Adjustment"). At the end of each calendar quarter (each a "Period"), until either Mr. Shepro or the Company, upon written notice, reduces or terminates the Adjustment, the Company will determine the portion of the reduced amount to be paid in common stock and transfer the shares. For the Period ended December 31, 2024, Mr. Shepro received 99,968 shares, which vested immediately.

F2: Represents the cost per share used to calculate the temporary compensation replacement described in Footnote 1. Given that the shares were a replacement for compensation, their net cost was $0.

F3: Of the 99,968 shares granted to Mr. Shepro, reported above, 47,150 shares were forgone to pay for the tax withholding with a net issuance to Mr. Shepro of 52,818 shares.

F4: Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date.

F5: 10,707 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2022 Long Term Incentive Plan ("LTIP").

F6: Represents the full and final vesting of Type II Performance-based RSUs previously granted pursuant to the Altisource 2022 LTIP. Our Compensation Committee approved vesting at 26.13% of target; the remaining RSUs failed to vest. Each RSU represents a contingent right to receive one share of ASPS common stock.