# EDGAR Filing Document

**Accession Number:** 0001462418
**File Stem:** 0001140361-26-010966
**Filing Date:** 2026-3
**Character Count:** 7821
**Document Hash:** 8b6669b0e82363cd24ebce8a11c8d7d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-010966.hdr.sgml**: 20260324

**ACCESSION NUMBER**: 0001140361-26-010966

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260320

**FILED AS OF DATE**: 20260324

**DATE AS OF CHANGE**: 20260324

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Esterman Michelle D.
- **CENTRAL INDEX KEY:** 0001544019

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34354
- **FILM NUMBER:** 26788065

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- **STREET 2:** 33, BOULEVARD PRINCE HENRI
- **CITY:** LUXEMBOURG
- **NON US STATE TERRITORY:** OTHER
- **PROVINCE COUNTRY:** N4
- **ZIP:** L-1724
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- **CENTRAL INDEX KEY:** 0001462418
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** N4
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 33, BOULEVARD PRINCE HENRI
- **STREET 2:** L-1724 LUXEMBOURG CITY
- **CITY:** GRAND DUCHY OF LUXEMBOURG
- **STATE:** N4
- **ZIP:** 50
- **BUSINESS PHONE:** 352 24 69 79 00

**MAIL ADDRESS:**
- **STREET 1:** 33, BOULEVARD PRINCE HENRI
- **STREET 2:** L-1724 LUXEMBOURG CITY
- **CITY:** GRAND DUCHY OF LUXEMBOURG
- **STATE:** N4
- **ZIP:** 50

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Altisource Portfolio Solutions S.A.
- **DATE OF NAME CHANGE:** 20090625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Altisource Portfolio Solutions S.a.r.l.
- **DATE OF NAME CHANGE:** 20090422

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>Esterman Michelle D.<br><sub>(Last) (First) (Middle)</sub><br>C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.<br>33, BOULEVARD PRINCE HENRI<br><sub>(Street)</sub><br>LUXEMBOURG, LUXEMBOURG L-1724<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-20 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Financial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ALTISOURCE PORTFOLIO SOLUTIONS S.A. [ ASPS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-03-20 |  | M |  | 1145<sup>(1)</sup> | A | $0 | 108467 | D |  |
| Common Stock | 2026-03-20 |  | F |  | 277<sup>(2)</sup> | D | $0 | 108190<sup>(3)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Share Units | <sup>(4)</sup> | 2026-03-20 |  | M |  |  | 520<sup>(5)</sup> | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 520 | $0 | 0 | D |  |
| Restricted Share Units | <sup>(4)</sup> | 2026-03-20 |  | M |  |  | 313<sup>(6)</sup> | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 313 | $0 | 0 | D |  |
| Restricted Share Units | <sup>(4)</sup> | 2026-03-20 |  | M |  |  | 312<sup>(7)</sup> | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 312 | $0 | 0 | D |  |

---

### Footnotes:

(1) Ms. Esterman received 1,145 shares of Altisource Portfolio Solutions S.A. ("Altisource" or "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, 277 shares were withheld to pay the tax withholding obligation, resulting in a net issuance to Ms. Esterman of 868 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 4,512 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 Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.

(6) Represents the final vesting of performance-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.

(7) Represents the final vesting of performance- and market-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.

**Signature:** /s/ Teresa L. Szupello, Attorney-in-Fact  
**Date:** 2026-03-24

### Remarks:

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.**