---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-007624"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:14:39.636090+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Altisource executives revert to cash compensation; Management RSU approved tied to debt restructuring

## Summary
- CEO Shepro and CFO Esterman rescind voluntary stock-for-cash pay modification, effective Feb 1, 2025; full base salary in cash.
- Executives terminate 112,000 market-based RSUs: Shepro 40,000, Esterman 19,000, Ritts 19,000; effective Jan 29, 2025.
- Compensation Committee approves Management RSUs for NEOs equal to up to 4.51% of post-transaction common stock outstanding.
- Shepro allocated 2.72%, Esterman 0.98%, Ritts 0.82% of post-transaction shares; vesting in three annual installments.
- Management RSU vesting conditioned on closing of debt restructuring transaction and shareholder approval of required proposals.

## SEC filing metadata
- accession: 0001104659-25-007624
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462418/000110465925007624/0001104659-25-007624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000110465925007624/tm254950d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-007624
- JSON: https://secwatch.observer/filing/0001104659-25-007624.json
- Plain text: https://secwatch.observer/filing/0001104659-25-007624.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.