Form 4: Consumer Portfolio Services Director Greg Washer Sells Shares
SEC Form 4
Director Greg Washer of Consumer Portfolio Services, Inc. (CPSS) sold shares of common stock in two transactions on May 15 and 16, 2025.
Summary
- Greg Washer, a director of Consumer Portfolio Services, Inc. (CPSS), reported the sale of company stock.
- On May 15, 2025, Washer sold 6,254 shares at a price of $9.16 per share.
- On May 16, 2025, Washer sold 140 shares at a price of $8.96 per share.
- Following these transactions, Washer directly owns 318,606 shares of CPSS common stock.
- Washer also indirectly owns 106,803 shares through a Simplified Employer Pension Account.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily indicate a broader trend within the consumer portfolio services industry.
Stakeholder Impact
- The stock sales by a director could be perceived negatively by shareholders, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Sale of 6,254 shares of Common Stock at $9.16 per share. |
| 05/16/2025 | Sale of 140 shares of Common Stock at $8.96 per share. |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, CPSS, Consumer Portfolio Services, Greg Washer, Stock Sale, Director, Beneficial Ownership, Securities
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