Form 4: Director William B. Roberts Sells Shares of Consumer Portfolio Services, Inc.
SEC Form 4 Filing
Director William B. Roberts sold a total of 10,275 shares of Consumer Portfolio Services, Inc. common stock in two transactions on November 26 and 27, 2024.
Summary
- William B. Roberts, a director at Consumer Portfolio Services, Inc., sold 10,000 shares of common stock on November 26, 2024, at a weighted average price of $10.3525 per share.
- The shares were sold in multiple transactions with prices ranging from $10.28 to $10.58.
- On November 27, 2024, Mr. Roberts sold an additional 275 shares at a weighted average price of $10.2744 per share.
- These shares were sold in multiple transactions with prices ranging from $10.25 to $10.36.
- Following these transactions, Mr. Roberts beneficially owns 734,803 shares of Consumer Portfolio Services, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a director, with no indication of positive or negative sentiment. It is a routine filing.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The reported transactions are typical for directors who may periodically adjust their holdings for personal financial reasons.
Stakeholder Impact
- The stock sales by a director may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 11/26/2024 | William B. Roberts sold 10,000 shares of CPSS common stock. |
| 11/27/2024 | William B. Roberts sold 275 shares of CPSS common stock. |
| 11/29/2024 | Date of signature for the Form 4 filing. |
Keywords
stock sale, insider trading, Form 4, director, share transaction, CPSS, Consumer Portfolio Services
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