Form 4: Consumer Portfolio Services Director Exercises Options and Sells Shares
SEC Form 4 Filing
Director Greg Washer exercises stock options and disposes of 60,000 shares of Consumer Portfolio Services, Inc. at $3.48 per share.
Summary
- On May 8, 2025, Greg Washer, a director of Consumer Portfolio Services, Inc. (CPSS), exercised stock options to acquire 60,000 shares of common stock at a price of $3.48 per share.
- Simultaneously, Washer disposed of 60,000 shares at the same price.
- Following these transactions, Washer directly owns 325,000 shares and indirectly owns 106,803 shares through a Simplified Employer Pension Account.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. No clear positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 11/09/2018 | Date stock options were exercisable |
| 05/08/2025 | Date of transaction: stock option exercise and share disposal |
| 05/09/2025 | Expiration date of stock options |
| 05/12/2025 | Date of signature |
Keywords
Form 4, Insider Trading, Stock Options, Share Disposal, Beneficial Ownership, CPSS, Consumer Portfolio Services, Greg Washer, Director
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