Consumer Portfolio Services (CPSS) executive exercises options and sells 7,000 shares

Rhea-AI Filing Summary

Consumer Portfolio Services senior vice president Noel Jackson exercised stock options to acquire 7,000 shares of common stock at $3.53 per share and, on the same date, sold 7,000 shares of common stock in an open-market transaction at an average price of $9.6295 per share.

Insider Trade Summary

Net Seller: 7,000 shares ($67,407)

Net Sell 3 txns

Insider Jackson Noel

Role Sr. Vice President

Sold 7,000 shs ($67K)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	7,000	$0.00	--
Exercise	Common Stock, no par value	7,000	$3.53	$25K
Sale	Common Stock, no par value	7,000	$9.6295	$67K

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock, no par value — 7,000 shares (Direct, null)

Footnotes (1)

1. Represents an exercise of a stock option with a subsequent sale of the underlying shares of common stock. Original grant of 30,000 options became exercisable in 4 equal installments of 7,500 shares on 08/08/2020, 08/08/2021, 08/08/2022 and 08/08/2023. Issued in consideration of the named person's services to the issuer.

Key Figures

Shares sold: 7,000 shares Sale price: $9.6295 per share Options exercised: 7,000 shares +3 more

6 metrics

Shares sold 7,000 shares Open-market sale of common stock

Sale price $9.6295 per share Average price for 7,000 shares sold

Options exercised 7,000 shares Stock options converted into common stock

Exercise price $3.53 per share Stock option exercise price for 7,000 shares

Net share change -7,000 shares Net buy/sell direction reported as net-sell

Original option grant 30,000 options Grant vesting in four 7,500-share installments

Key Terms

open-market sale, Stock Option (right to buy), exercise of a stock option, derivative security

4 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (right to buy) financial

"Security title listed as Stock Option (right to buy)"

exercise of a stock option financial

"Represents an exercise of a stock option with a subsequent sale"

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jackson Noel

(Last) (First) (Middle)

19500 JAMBOREE RD.

(Street)

IRVINE CALIFORNIA 92612

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CONSUMER PORTFOLIO SERVICES, INC. [ CPSS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value	06/16/2026		M(1)		7,000	A	$3.53	7,000	D
Common Stock, no par value	06/16/2026		S(1)		7,000	D	$9.6295	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$3.53	06/16/2026		M			7,000	(2)	08/08/2026	Common Stock, No Par Value	7,000	(3)	0	D

Explanation of Responses:

1. Represents an exercise of a stock option with a subsequent sale of the underlying shares of common stock.

2. Original grant of 30,000 options became exercisable in 4 equal installments of 7,500 shares on 08/08/2020, 08/08/2021, 08/08/2022 and 08/08/2023.

3. Issued in consideration of the named person's services to the issuer.

	/s/ Noel Jackson	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CPSS executive Noel Jackson report?

Noel Jackson reported exercising stock options and selling common shares. He exercised options for 7,000 Consumer Portfolio Services shares at $3.53 and sold 7,000 shares in an open-market transaction at an average price of $9.6295, according to the Form 4 filing.

How many CPSS shares did Noel Jackson sell in the latest Form 4?

Noel Jackson sold 7,000 shares of Consumer Portfolio Services common stock. The sale was reported as an open-market transaction at an average price of $9.6295 per share, as disclosed in the Form 4 insider trading report filed with regulators.

At what price did Noel Jackson exercise CPSS stock options?

Noel Jackson exercised stock options at $3.53 per share for 7,000 Consumer Portfolio Services shares. These options were originally part of a 30,000-share grant that vested in four equal installments over several years, according to the disclosed footnote information.

What type of transaction is indicated by code M in Noel Jackson’s CPSS filing?

Transaction code M in Noel Jackson’s filing indicates an exercise or conversion of a derivative security. In this case, it reflects exercising stock options for 7,000 underlying Consumer Portfolio Services common shares at a conversion or exercise price of $3.53 per share.

What does the Form 4 say about Noel Jackson’s CPSS stock options grant?

The Form 4 footnotes state the original grant was 30,000 options. These became exercisable in four equal 7,500-share installments on August 8 of 2020, 2021, 2022, and 2023, reflecting a multi-year vesting schedule for Jackson’s Consumer Portfolio Services equity compensation.

How were Noel Jackson’s CPSS stock options originally issued?

The stock options were issued in consideration of Noel Jackson’s services to Consumer Portfolio Services. This means they were part of his compensation package, aligning his interests with shareholders by granting the right to buy common shares at a fixed exercise price.