Consumer Portfolio (CPSS) grants 120,000 options at $9.20 to Sr Executive VP
Rhea-AI Filing Summary
CONSUMER PORTFOLIO SERVICES, INC. reported that Sr Executive VP Robert E. Riedl received a grant of 120,000 stock options on 2026-08-11. The options have a $9.20 exercise price, expire on 2033-08-11, and were issued as consideration for his services. They become exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030. Following this grant, he holds 120,000 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RIEDL ROBERT E
Role
Sr Executive VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2, F1 | 120,000 | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 120,000 shares (Direct)
Footnotes (2)
- F1. Becomes exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030.
- F2. Issued in consideration of the named person's services to the issuer.
Key Figures
Options granted: 120,000 options
Exercise price: $9.20 per share
Underlying shares: 120,000 shares
+2 more
5 metrics
Options granted
120,000 options
Stock Option (right to buy) grant on 2026-08-11
Exercise price
$9.20 per share
Conversion or exercise price for newly granted options
Underlying shares
120,000 shares
Common Stock, No Par Value underlying the option grant
Expiration date
2033-08-11
Expiration of the granted stock options
Post-grant option holdings
120,000 options
Total options held directly after the reported grant
Key Terms
Stock Option (right to buy), conversion or exercise price, Common Stock, No Par Value, expiration date
4 terms
Stock Option (right to buy) financial
"The security title is listed as Stock Option (right to buy)."
conversion or exercise price financial
"The conversion or exercise price is reported as 9.2000."
Common Stock, No Par Value financial
"The underlying security title is Common Stock, No Par Value."
expiration date financial
"The option has 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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
FAQ
What did CPSS executive Robert E. Riedl report in this Form 4?
He reported a grant of 120,000 stock options to buy CONSUMER PORTFOLIO SERVICES, INC. common stock at an exercise price of $9.20 per share, expiring on 2033-08-11, as compensation for his services.
What is the exercise price and expiration date of the CPSS options granted?
The granted options have an exercise price of $9.20 per share and an expiration date of 2033-08-11. These terms define the cost to purchase shares and the final date the options may be exercised.
How do the CPSS options granted to Robert E. Riedl vest over time?
The options vest in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030. This means 25% of the 120,000 options becomes exercisable on each of those anniversaries.
How many CPSS options does Robert E. Riedl hold after this reported grant?
After the reported transaction, he holds 120,000 stock options directly. This reflects the full amount of the newly granted options as reported in the post-transaction holdings field.
Was the CPSS Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected for this filing. The reported transaction is a compensation-related grant of options, not an open-market trade under a trading plan.
What type of security was granted to the CPSS Sr Executive VP?
He received a Stock Option (right to buy) relating to 120,000 shares of CONSUMER PORTFOLIO SERVICES, INC. common stock, no par value, with a $9.20 exercise price and 2033-08-11 expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.