SVP at Consumer Portfolio Services, Inc. (CPSS) nets 17,541 shares
Rhea-AI Filing Summary
Catrina Marie Ralston, Sr. Vice President of Consumer Portfolio Services, Inc., exercised stock options for 30,000 shares of common stock at an exercise price of 3.5300 per share on August 3, 2026. Through a net exercise, she received 17,541 shares and forfeited 12,459 shares to cover the exercise price and tax liability using a $9.60 closing share price. The option grant vested in four equal installments beginning August 8, 2020 and was issued as consideration for her services.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,541 shares
Net Buy
3 txns
Insider
Ralston Catrina Marie
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F3, F2 | 30,000 | -- | -- |
| Exercise | Common Stock, no par value | 30,000 | $3.53 | $106K |
| Exercise Price or Tax Liability | Common Stock, no par value F1 | 12,459 | $9.60 | $120K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock, no par value — 73,262 shares (Direct)
Footnotes (3)
- F1. Represents a "net exercise" of outstanding stock options. The reporting person received 17,541 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The reporting person forfeited 12,459 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on August 3, 2026 of $9.60 per share.
- F2. Became exercisable in 4 equal installments of 7,500 shares on 8/8/2020, 8/8/2021, 8/8/2022, and 8/8/2023.
- F3. Issued in consideration of the named person's services to the issuer.
Key Figures
Options exercised: 30,000 shares
Exercise price: 3.5300
Net shares received: 17,541 shares
+3 more
6 metrics
Options exercised
30,000 shares
Stock options exercised for common stock on 2026-08-03
Exercise price
3.5300
Exercise price per share for the 30,000-share stock option
Net shares received
17,541 shares
Shares of common stock received from net exercise of the option
Shares forfeited
12,459 shares
Shares forfeited to pay the exercise price and tax liability
Closing stock price
$9.60 per share
CPSS closing price on August 3, 2026 used to value forfeited shares
Option expiration
2026-08-08
Expiration date of the exercised stock option grant
Key Terms
net exercise, exercise price, tax liability, Stock Option (right to buy)
4 terms
net exercise financial
"Represents a "net exercise" of outstanding stock options."
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
exercise price financial
"in payment of the exercise price and tax liability, using the closing stock price"
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.
tax liability financial
"in payment of the exercise price and tax liability, using the closing stock price"
Stock Option (right to buy) financial
"security title listed as Stock Option (right to buy)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CPSS executive Catrina Marie Ralston report?
Catrina Marie Ralston reported exercising stock options for 30,000 CPSS common shares on August 3, 2026. It was a net exercise, where options were converted into shares and part of the underlying stock was forfeited to satisfy the exercise price and tax obligations.
How many Consumer Portfolio Services (CPSS) options did Ralston exercise and at what price?
Ralston exercised options to acquire 30,000 CPSS common shares at an exercise price of 3.5300 per share. These options were fully vested in four equal annual installments and were originally granted as consideration for her services to Consumer Portfolio Services, Inc.
What does “net exercise” mean in Ralston’s CPSS Form 4 filing?
In this case, “net exercise” means Ralston received 17,541 CPSS shares after forfeiting 12,459 shares. The forfeited shares were used to pay the option exercise price and related tax liability, valued using the $9.60 closing stock price on August 3, 2026.
When did Catrina Marie Ralston’s CPSS stock options vest and when do they expire?
The stock options became exercisable in four equal installments of 7,500 shares on August 8 of 2020, 2021, 2022, and 2023. The option grant reported in this transaction is shown with an expiration date of 2026-08-08, after which it would no longer be exercisable.