Form 4: Consumer Portfolio Services Director Sells Shares

Greg Washer, a director of Consumer Portfolio Services, Inc., sold 10,981 shares of common stock at a weighted average price of $11.06 on November 7, 2024.

Summary

• On November 7, 2024, Greg Washer, a director of Consumer Portfolio Services, Inc. (CPSS), sold 10,981 shares of the company's common stock.
• The shares were sold at a weighted average price of $11.06, with individual transactions ranging from $11.05 to $11.20.
• Following the transaction, Washer directly owns 265,000 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 a stock sale by a company director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates