Form 4: Consumer Portfolio Services Executive Sells 10,000 Shares

John Patrick Harton, a Senior Vice President at Consumer Portfolio Services, Inc., sold 10,000 shares of common stock at an average price of $9.50 on September 16, 2024.

Summary

• On September 16, 2024, John Patrick Harton, a Senior Vice President of Consumer Portfolio Services, Inc. (CPSS), sold 10,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $9.50 per share, with individual transactions ranging from $9.50 to $9.57.
• Following the transaction, Harton directly owns 255,604 shares of Consumer Portfolio Services, Inc.
• The sale was reported on a Form 4 filed with the Securities and Exchange Commission on September 17, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management. The impact on the company depends on the size of the sale relative to the executive's holdings and the overall market sentiment.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment if interpreted as a lack of confidence by the executive, but the effect is likely minimal given the size of the transaction.

Key Dates