Form 4: Consumer Portfolio Services Director Sells Shares
SEC Form 4 Filing
Director Daniel S. Wood sold 5,550 shares of Consumer Portfolio Services, Inc. (CPSS) common stock at an average price of $8.2893 on June 3, 2024.
Summary
- On June 3, 2024, Daniel S. Wood, a director of Consumer Portfolio Services, Inc. (CPSS), sold 5,550 shares of the company's common stock.
- The sale was executed at an average price of $8.2893 per share.
- Following the transaction, Wood directly owns 199,910 shares of CPSS common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale by a director is a data point investors may consider when evaluating the stock.
Stakeholder Impact
- Shareholders may interpret the director's stock sale in various ways, potentially affecting investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Daniel S. Wood sold shares of CPSS common stock. |
| 06/04/2024 | Date of report: Form 4 filing date. |
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