Form 4: Consumer Portfolio Services Executive Steven Schween Reports Stock Gifts
SEC Form 4 Filing
Steven Schween, a Senior Vice President at Consumer Portfolio Services, Inc., reported gifting shares of common stock in two transactions.
Summary
- Steven Schween, a Senior Vice President of Consumer Portfolio Services, Inc. (CPSS), filed a Form 4 with the SEC.
- The form details changes in his beneficial ownership of the company's common stock.
- On May 1, 2025, Schween gifted 2,058 shares of common stock.
- On May 21, 2025, he gifted an additional 8,474 shares.
- Both transactions were reported as bona fide gifts with no payment received.
- Following these transactions, Schween directly owns 97,099 shares of Consumer Portfolio Services, Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding stock gifts, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The gifting of shares by a company executive may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Steven Schween gifted 2,058 shares of common stock. |
| 05/21/2025 | Steven Schween gifted 8,474 shares of common stock and signed the report. |
Keywords
Form 4, Beneficial Ownership, Steven Schween, Consumer Portfolio Services, CPSS, Stock Gift, SEC Filing
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