CONSUMER PORTFOLIO SERVICES (CPSS) grants director Scott Carnahan 30,000 options
Rhea-AI Filing Summary
CONSUMER PORTFOLIO SERVICES, INC. director Scott W. Carnahan received a grant of stock options covering 30,000 shares of common stock. The options have an exercise price of $9.20 per share, become exercisable on February 11, 2027, and expire on August 11, 2033. The award was issued in consideration of Carnahan’s services to the company, and his directly held derivative position reported after the grant is 30,000 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carnahan Scott W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 30,000 | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 30,000 shares (Direct)
Footnotes (1)
- F1. Issued in consideration of the named person's services to the issuer.
Key Figures
Options Granted: 30,000 options
Exercise Price: $9.20 per share
Underlying Shares: 30,000 shares
+3 more
6 metrics
Options Granted
30,000 options
Stock Option (right to buy) granted to director on 2026-08-11
Exercise Price
$9.20 per share
Conversion or exercise price of the stock options
Underlying Shares
30,000 shares
Common Stock, No Par Value underlying the options
Exercise Date
February 11, 2027
Date when options become exercisable
Expiration Date
August 11, 2033
Expiration date of the stock options
Derivative Holdings After Grant
30,000 options
Total stock options held directly after the reported transaction
Key Terms
Stock Option (right to buy), exercise price, expiration date, derivative securities
4 terms
Stock Option (right to buy) financial
"Security title reported as Stock Option (right to buy)"
exercise price financial
"Conversion or exercise price of $9.2000 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Options carry an expiration date of 2033-08-11"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
derivative securities financial
"Reported as derivative transaction for stock options"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did CPSS director Scott W. Carnahan report on this Form 4?
Scott W. Carnahan reported receiving a grant of 30,000 stock options for CONSUMER PORTFOLIO SERVICES, INC., tied to an underlying 30,000 common shares as director compensation.
What is the exercise price of the options granted to Scott W. Carnahan at CPSS?
The options granted to Scott W. Carnahan have an exercise price of $9.20 per share. They relate to 30,000 shares of CONSUMER PORTFOLIO SERVICES, INC. common stock.
When do Scott W. Carnahan’s CPSS stock options become exercisable?
Scott W. Carnahan’s 30,000 CPSS stock options become exercisable on February 11, 2027. After that date, he may choose to exercise them at the $9.20 exercise price.
What is the expiration date of Scott W. Carnahan’s CPSS stock options?
The 30,000 stock options granted to Scott W. Carnahan expire on August 11, 2033. After this expiration date, any unexercised options will no longer be valid.
How many CPSS derivative securities does Scott W. Carnahan hold after the reported transaction?
Following the reported transaction, Scott W. Carnahan directly holds 30,000 stock options as derivative securities related to CONSUMER PORTFOLIO SERVICES, INC. common stock.
Why were the CPSS stock options issued to Scott W. Carnahan?
According to the footnote, the 30,000 stock options were issued to Scott W. Carnahan in consideration of his services to CONSUMER PORTFOLIO SERVICES, INC. as a director.
AI-generated analysis. How Rhea-AI works. Not financial advice.