Consumer Portfolio Services grants 90,000-share option

CONSUMER PORTFOLIO SERVICES, INC. granted Executive Vice President Denesh Bharwani a stock option to acquire 90,000 shares of common stock at an exercise price of $9.20 per share.

Rhea-AI Filing Summary

CONSUMER PORTFOLIO SERVICES, INC. granted Executive Vice President Denesh Bharwani a stock option to acquire 90,000 shares of common stock at an exercise price of $9.20 per share. The option vests in four equal annual installments beginning August 11, 2027, and expires on August 11, 2033. The award was issued as consideration for the executive's services.

Insider Trade Summary

Grant/Award: 90,000 shares

Grant/Award 1 txn

Insider Bharwani Denesh

Role Exec. Vice President

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy) F2, F1	90,000	--	--

Holdings After Transaction: Stock Option (right to buy) — 90,000 contracts (Direct)

Footnotes (2)

1. F1. Became exercisable in 4 equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030.
2. F2. Issued in consideration of the named person's services to the issuer.

Key Figures

Option shares granted: 90,000 shares Exercise price: $9.20 per share Shares underlying option after grant: 90,000 shares +3 more

6 metrics

Option shares granted 90,000 shares Stock Option (right to buy) granted to Executive Vice President Denesh Bharwani

Exercise price $9.20 per share Conversion or exercise price for 90,000-share stock option

Shares underlying option after grant 90,000 shares Total derivative shares following transaction held directly

Vesting schedule start 08/11/2027 First of four equal annual vesting installments

Vesting schedule end 08/11/2030 Final of four equal annual vesting installments

Option expiration date 08/11/2033 Expiration of 90,000-share stock option if unexercised

Key Terms

Stock Option (right to buy), exercise price, vesting, expiration date, +1 more

5 terms

Stock Option (right to buy) financial

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

exercise price financial

"The option has a conversion or exercise price of 9.2000"

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.

vesting financial

"Became exercisable in 4 equal installments on 8/11/2027, 8/11/2028"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

expiration date financial

"The option carries 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.

consideration of the named person's services financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did CPSS grant to Executive Vice President Denesh Bharwani?

CPSS granted Denesh Bharwani a stock option for 90,000 shares of common stock at an exercise price of $9.20 per share, structured as a long-term incentive award for his services.

What is the exercise price of Denesh Bharwani’s new CPSS stock options?

The exercise price of Denesh Bharwani’s CPSS stock options is $9.20 per share. This is the fixed price at which he may purchase up to 90,000 shares upon exercise, subject to vesting.

How do the 90,000 CPSS options granted to Denesh Bharwani vest?

The 90,000 CPSS options vest in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030. Each year, one-quarter of the award becomes exercisable.

When do Denesh Bharwani’s newly granted CPSS stock options expire?

The newly granted CPSS stock options expire on August 11, 2033. After this expiration date, any unexercised portion of the 90,000-share option can no longer be exercised.

Was the CPSS option grant to Denesh Bharwani a market purchase or compensation award?

The CPSS option grant was a compensation award, not a market purchase. It was issued "in consideration of the named person's services to the issuer" as a stock option for 90,000 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/13/2026 - 08:35 PM EDT Learn about SEC filing dates

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^*

Bharwani Denesh

(Last) (First) (Middle)

3800 HOWARD HUGHES PKWY

SUITE 1400

(Street)

LAS VEGAS NEVADA

(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)
	Exec. Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

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

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)	$9.2	08/11/2026		A		90,000		(1)	08/11/2033	Common Stock	90,000	(2)	90,000	D

Explanation of Responses:

1. Became exercisable in 4 equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030.

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

	/s/ Denesh Bharwani	08/13/2026
	** 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)