Form 4: Consumer Portfolio Services Director Daniel S. Wood Sells Shares
SEC Form 4 Filing
Director Daniel S. Wood of Consumer Portfolio Services, Inc. (CPSS) sold a total of 5,680 shares of common stock between May 23 and May 28, 2024.
Summary
- Daniel S. Wood, a director of Consumer Portfolio Services, Inc., reported the sale of company stock.
- On May 23, 2024, he sold 2,586 shares at a weighted average price of $8.4094 per share.
- On May 24, 2024, he sold 1,000 shares at $8.16 per share.
- On May 28, 2024, he sold 2,094 shares at a weighted average price of $7.928 per share.
- Following these transactions, Wood directly owns 229,212 shares of Consumer Portfolio Services, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- Shareholders may react to the news of insider selling, although the volume of shares sold is relatively small compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Sale of 2,586 shares at a weighted average price of $8.4094. |
| 05/24/2024 | Sale of 1,000 shares at $8.16 per share. |
| 05/28/2024 | Sale of 2,094 shares at a weighted average price of $7.928. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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