---
schema_version: "secwatch.filing_event.v1"
accession: "0001462418-25-000031"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:57:56.496880+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Altisource Portfolio Solutions awards 2024 incentive RSUs to executives; CEO voluntarily reduces award by 76.7%

## Summary
- CEO William Shepro earned 429,303 RSUs but voluntarily reduced to 100,000, reallocating 329,303 to other employees.
- CFO Michelle Esterman received 180,479 RSUs ($128,140 value), including 75,000 from Shepro's reallocation.
- Gregory Ritts received 157,330 RSUs ($111,704 value), also including 75,000 extra from Shepro.
- 2024 AIP achievements: Service Revenue 84% of budget, Adjusted EBITDA 87% of budget; scorecard payouts: Shepro 60.4%, Esterman 70.6%, Ritts 67.2% of target.
- 2025 AIP adopted with 80% weight on Adjusted EBITDA for CEO and 20% strategic objectives; target amounts unchanged.

## SEC filing metadata
- accession: 0001462418-25-000031
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462418/000146241825000031/0001462418-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241825000031/asps-20250228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-25-000031
- JSON: https://secwatch.observer/filing/0001462418-25-000031.json
- Plain text: https://secwatch.observer/filing/0001462418-25-000031.txt

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