<SEC-DOCUMENT>0001664272-25-000238.txt : 20250324
<SEC-HEADER>0001664272-25-000238.hdr.sgml : 20250324
<ACCEPTANCE-DATETIME>20250324183424
ACCESSION NUMBER:		0001664272-25-000238
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250320
FILED AS OF DATE:		20250324
DATE AS OF CHANGE:		20250324

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:		25765347

	MAIL ADDRESS:	
		STREET 1:		C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
		STREET 2:		33, BOULEVARD PRINCE HENRI
		CITY:			LUXEMBOURG
		STATE:			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
</SEC-HEADER>
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<SEQUENCE>1
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    <periodOfReport>2025-03-20</periodOfReport>

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    <issuer>
        <issuerCik>0001462418</issuerCik>
        <issuerName>ALTISOURCE PORTFOLIO SOLUTIONS S.A.</issuerName>
        <issuerTradingSymbol>ASPS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001544019</rptOwnerCik>
            <rptOwnerName>Esterman Michelle D.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.</rptOwnerStreet1>
            <rptOwnerStreet2>33, BOULEVARD PRINCE HENRI</rptOwnerStreet2>
            <rptOwnerCity>LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-1724</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

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    <footnotes>
        <footnote id="F1">Ms. Esterman received 9,965 shares of Altisource Portfolio Solutions S.A. (the &quot;Company&quot; or &quot;ASPS&quot;) common stock upon the vesting of previously granted time-based restricted share units (&quot;RSUs&quot;) pursuant to awards under the Company's 2023 Long Term Incentive Plan (&quot;LTIP&quot;) and 2023 Annual Incentive Plan (&quot;AIP&quot;).</footnote>
        <footnote id="F2">Of the  RSUs vesting into shares reported above, 2,954 shares were forgone to pay for the tax withholding with a net issuance to Ms. Esterman of 7,011 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, 2025.</footnote>
        <footnote id="F3">Includes previously granted RSUs.</footnote>
        <footnote id="F4">Each RSU represents a contingent right to receive one share of ASPS common stock.</footnote>
        <footnote id="F5">Represents the vesting of the second tranche of Type I Time-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.</footnote>
        <footnote id="F6">The remaining 4167 Type I Time-based RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 20, 2026).</footnote>
        <footnote id="F7">Represents the final vesting of time-based RSUs granted to Ms. Esterman on March 20, 2023 pursuant to the Altisource 2023 AIP.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Teresa L. Szupello, Attorney-in-Fact</signatureName>
        <signatureDate>2025-03-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
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