{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-23-000035","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.936650+00:00","generated_at":"2026-06-14T22:17:11.269619+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Altisource shareholders re-elect directors, approve share buyback renewal at annual meeting","bullets":["All 12 proposals passed, including election of five directors (Aldridge, Hickok, Morettini, Müller-Ineichen, Shepro).","Share repurchase program renewed for 5 years: up to 15% of outstanding shares at $1-$25 per share.","Advisory say-on-pay approved: 11.8M for, 136k against; 1-year frequency selected.","RSM US LLP ratified as auditor for FY2023; CFO Esterman appointed supervisory auditor through 2029.","Shareholders acknowledged sale of 4.55M treasury shares at $5.00 in Feb 2023 advisory vote."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-23-000035","json":"https://secwatch.observer/filing/0001462418-23-000035.json","markdown":"https://secwatch.observer/filing/0001462418-23-000035.md","text":"https://secwatch.observer/filing/0001462418-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/asps-20230517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:17:11.269619+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"073b19585e9440380c96ea35da444c1a8a750477","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Approval of Directors' report and supervisory auditor's report for 2022 at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 6: The receipt and approval of the Directors’ report for the Luxembourg Statutory Accounts for the year ended December 31, 2022 and the receipt of the report of the supervisory auditor ( Commissaire aux Comptes ) for the Luxembourg Annual Accounts for the same period were approved by the following vote: For Against Abstentions Broker Non-Votes 12,563,966 65,306 11,598 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"0d8c785b107c60836490ea77db9c1bd563207dc1","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Allocation of results in Luxembourg Annual Accounts for 2022 at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 7: The allocation of the results in the Luxembourg Annual Accounts for the year ended December 31, 2022 was approved by the following vote: For Against Abstentions Broker Non-Votes 12,565,667 64,707 10,496 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"28892d87c5c1a0b00f0c50cfeb06928db8104d45","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Renewal and amendment of share repurchase program authorizing repurchase of up to 15% of outstanding common stock at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 9: The renewal and amendment of our share repurchase program such that the Company is authorized, for a period of five years from the date of the Annual Meeting, to repurchase up to fifteen percent (15%) of the outstanding shares of its common stock (as of the close of business on the date of the Annual Meeting) at a minimum price of one dollar ($1.00) per share and a maximum price of twenty-five dollars ($25.00) per share, with the maximum price to be adjusted for any stock splits and reverse stock splits was approved by the following vote: For Against Abstentions Broker Non-Votes 12,596,382 41,322 3,166 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"reverse split"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"399802e2d0759387782656c7e5bef07b1f6ec0f1","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Approval of Luxembourg Annual Accounts and Consolidated Accounts for 2022 at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 5: The Company’s Luxembourg Annual Accounts for the year ended December 31, 2022 and the Company’s consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Consolidated Accounts” and, together with the Luxembourg Annual Accounts, the “Luxembourg Statutory Accounts”) as of and for the year ended December 31, 2022 were approved by the following vote: For Against Abstentions Broker Non-Votes 12,562,764 65,683 12,423 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"58ab5d4d53273af1c715bbf63a2137018a998fec","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Election of Directors at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 1: The election of the following Directors to serve on the Company’s Board of Directors until the next annual meeting of shareholders, or until their respective successors have been elected and qualified, was approved by the following vote: Name For Against Abstentions Broker Non-Votes John G. Aldridge, Jr. 12,442,471 184,760 13,639 4,882,753 Mary C. Hickok 12,437,513 189,718 13,639 4,882,753 Joseph L. Morettini 12,201,533 425,698 13,639 4,882,753 Roland Müller-Ineichen 12,429,267 197,812 13,791 4,882,753 William B. Shepro 12,442,298 185,406 13,166 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"75b027dd32e78b1f95ef139970d43aac6d42874b","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Appointment of Michelle D. Esterman as supervisory auditor (Commissaire aux Comptes) at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 4: The appointment of Michelle D. Esterman, Chief Financial Officer of the Company, to be our supervisory auditor ( Commissaire aux Comptes ) to report on the Company’s unconsolidated annual accounts prepared in accordance with accounting principles generally accepted in Luxembourg (the “Luxembourg Annual Accounts”) for the year ending December 31, 2023 and until the Company’s 2029 annual meeting of shareholders, or until her successor is duly elected and qualified, was approved by the following vote: For Against Abstentions Broker Non-Votes 12,456,847 176,175 7,848 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"85da43220a44f52f018efd20b1176da662e1eb86","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Discharge of Directors and supervisory auditor for 2022 at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 8: The discharge of each of the Directors of the Company for the performance of their mandates for the year ended December 31, 2022 and the supervisory auditor ( Commissaire aux Comptes ) for the performance of her mandate for the same period was approved by the following vote: For Against Abstentions Broker Non-Votes 12,520,613 109,304 10,953 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"ba4d4f76e2399e0a62ec866442cd350fdfbff811","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Ratification of RSM US LLP as independent registered certified public accounting firm for year ended December 31, 2022 at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 2: The Audit Committee’s appointment of RSM US LLP as our independent registered certified public accounting firm for the year ended December 31, 2022 was ratified and approved by the following vote: For Against Abstentions Broker Non-Votes 17,396,096 99,406 28,121 n/a","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"d448500f7480229a5e24fa02ccab9d7aacc7e691","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 11: The compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement (“Say-on-Pay”) was approved on an advisory (non-binding) basis by the following vote: For Against Abstentions Broker Non-Votes 11,784,209 136,723 719,938 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"d4d303f2a2008ae96d698aa7d9568389f48a9bdc","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory vote on frequency of future say-on-pay votes (1 year) at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 12: The frequency of one (1) year for future shareholder advisory votes on executive compensation (“Say-on-Frequency”) was approved on an advisory (non-binding) basis by the following vote: For Against Abstentions Broker Non-Votes 12,557,770 17,541 46,215 19,344","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"eca669bae2a599af068216eef8d1f36fe3c56de9","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory acknowledgment of sale of treasury shares at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 10: The acknowledgment of the Company’s sale of 4,550,000 shares of common stock held as treasury shares on February 14, 2023 in a public offering of shares at a price of five dollars ($5.00) per share was approved on an advisory (non-binding) basis, by the following vote: For Against Abstentions Broker Non-Votes 12,395,590 240,665 4,615 4,882,753","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"ff962a64b093ed361834db45616a34d10c51813a","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Appointment of RSM US LLP for 2023 and Atwell S.à r.l. as certified auditor at the 2023-05-16 meeting.","evidence_excerpt":"Proposal 3: The appointment of RSM US LLP to be our independent registered certified public accounting firm for the year ending December 31, 2023 and until the Company’s 2024 annual meeting of shareholders, and the appointment of Atwell S.à r.l. to be our certified auditor ( Réviseur d’Entreprises ) for the same period was approved by the following vote: For Against Abstentions Broker Non-Votes 17,410,924 88,479 24,220 n/a","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241823000035/0001462418-23-000035-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}