Form 4: Consumer Portfolio Services Director Daniel S. Wood Sells Shares in Multiple Transactions

Sentiment:

SEC Form 4 Filing


Director Daniel S. Wood sold shares of Consumer Portfolio Services (CPSS) in multiple transactions between May 29 and May 31, 2024.

Summary

  • Daniel S. Wood, a director of Consumer Portfolio Services, Inc. (CPSS), sold shares of the company's common stock between May 29 and May 31, 2024.
  • On May 29, 2024, Wood sold 4,000 shares at a weighted average price of $7.9488 per share.
  • On May 30, 2024, Wood sold 2,052 shares at a weighted average price of $8.0495 per share.
  • On May 31, 2024, Wood sold 17,700 shares at a weighted average price of $8.3397 per share.
  • Following these transactions, Wood directly owns 205,460 shares of Consumer Portfolio Services, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions without expressing any opinion or forward-looking statements.

Industry Context

This filing is a routine disclosure of insider trading activity and doesn't necessarily indicate a broader trend within the consumer finance industry.

Stakeholder Impact

  • The sale of shares by a director could potentially create uncertainty among investors, although the volume of shares sold is relatively small compared to the total outstanding shares.

Key Dates

DateDescription
05/29/2024Daniel S. Wood sold 4,000 shares of CPSS at a weighted average price of $7.9488.
05/30/2024Daniel S. Wood sold 2,052 shares of CPSS at a weighted average price of $8.0495.
05/31/2024Daniel S. Wood sold 17,700 shares of CPSS at a weighted average price of $8.3397.

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