ASPS Insider Ritts Reports No Change in Holdings
| Field | Detail |
|---|---|
| Company | Ritts Gregory J. |
| Form Type | 4 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-holdings, no-transaction, form-4
TL;DR
**ASPS insider Ritts' holdings are unchanged, no new action to report.**
AI Summary
This Form 4 filing, dated March 24, 2026, reports no new transactions for Gregory J. Ritts, an insider at Altisource Portfolio Solutions S.A. (NASDAQ: ASPS). The filing simply re-states his existing beneficial ownership of 1,000 shares of common stock. This matters to investors because it indicates no recent buying or selling activity by a key insider, suggesting a stable, albeit unchanged, personal stake in the company.
Why It Matters
No insider buying or selling activity means there's no new signal from a key executive about their confidence in the company's short-term prospects.
Risk Assessment
Risk Level: low — This filing reports no transactions, so it doesn't introduce new risks or changes to the company's financial standing.
Analyst Insight
An investor should note the lack of insider activity, which means there's no new signal from this executive. Further research into company fundamentals and other insider filings would be necessary for a more complete picture.
Key Numbers
- 1,000 — Shares Beneficially Owned (Gregory J. Ritts' total common stock holdings in Altisource Portfolio Solutions S.A.)
- 2026-03-20 — Period of Report (The date for which the ownership status is being reported.)
Key Players & Entities
- RITTS GREGORY J. (person) — Reporting Person
- ALTISOURCE PORTFOLIO SOLUTIONS S.A. (company) — Issuer of securities
- 1,000 shares (dollar_amount) — Beneficially owned by Gregory J. Ritts
- March 20, 2026 (date) — Period of Report
Forward-Looking Statements
- Gregory J. Ritts' beneficial ownership in Altisource Portfolio Solutions S.A. will remain at 1,000 shares in the immediate future. (RITTS GREGORY J.) — high confidence, target: 2026-06-20
FAQ
Who is the reporting person in this Form 4 filing?
The reporting person is RITTS GREGORY J., identified by CIK 0001621907.
What company's securities are being reported on in this filing?
The securities belong to ALTISOURCE PORTFOLIO SOLUTIONS S.A., which is the Issuer, with CIK 0001462418.
What is the reported beneficial ownership of common stock for Gregory J. Ritts?
The filing indicates that Gregory J. Ritts beneficially owns 1,000 shares of common stock.
What is the filing date and the period of report for this Form 4?
The filing date is March 24, 2026, and the period of report is March 20, 2026.
Does this Form 4 indicate any recent transactions by Gregory J. Ritts?
No, this Form 4 does not indicate any recent transactions; it only reports the existing beneficial ownership of 1,000 shares.
Filing Stats: 834 words · 3 min read · ~3 pages · Grade level 7.3 · Accepted 2026-03-24 19:52:51
Filing Documents
- form4.html (4)
- form4.xml (4) — 12KB
- 0001140361-26-010963.txt ( ) — 14KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * RITTS GREGORY J. (Last) (First) (Middle) C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A. 33, BOULEVARD PRINCE HENRI (Street) LUXEMBOURG L-1724 (City) (State) (Zip) LUXEMBOURG (Country) 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) Director 10% Owner X Officer (give title below) Other (specify below) Chief Legal/Compliance Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) 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 03/20/2026 M 1,145 (1) A $ 0 50,172 D Common Stock 03/20/2026 F 422 (2) D $ 0 49,750 (3) D 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 Restricted Share Units (4) 03/20/2026 M 520 (5) (5) (5) Common Stock 520 $ 0 0 D Restricted Share Units (4) 03/20/2026 M 313 (6) (6) (6) Common Stock 313 $ 0 0 D Restricted Share Units (4) 03/20/2026 M 312 (7) (7) (7) Common Stock 312 $ 0 0 D Explanation of Responses: 1. Mr. Ritts received 1,145 shares of Altisource Portfolio Solutions S.A. ("ASPS") common stock upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2023 Long Term Incentive Plan ("LTIP"). 2. Of the RSUs vesting into shares, 422 shares were withheld to pay tax withholding obligations, resulting in a net issuance to Mr. Ritts of 723 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2026. 3. Includes 3,933 RSUs previously reported in Table I. 4. Each RSU represents a contingent right to receive one share of ASPS common stock. 5. Represents the final vesting of time-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. 6. Represents the final vesting of performance-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. 7. Represents the final vesting of performance- and market-based RSUs granted to Mr. Ritts on March 20, 2023, pursuant to the Altisource 2023 LTIP. /s/ Teresa L. Szupello, Attorney-in-Fact 03/24/2026 ** 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 manuall