Consumer Portfolio Services grants 120,000 options

Consumer Portfolio Services, Inc. reported that President Michael T. Lavin received a grant of stock options for 120,000 shares of Common Stock at an exercise price of $9.20 per share.

Rhea-AI Filing Summary

Consumer Portfolio Services, Inc. reported that President Michael T. Lavin received a grant of stock options for 120,000 shares of Common Stock at an exercise price of $9.20 per share. These options vest in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030 and expire on 8/11/2033. The award was issued in consideration of his services to the company.

Insider Trade Summary

Grant/Award: 120,000 shares

Grant/Award 1 txn

Insider Lavin Michael T.

Role President

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 contracts (Direct)

Footnotes (2)

1. F1. Becomes exercisable in four 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

Options Granted: 120,000 shares Exercise Price: $9.20 per share Expiration Date: 08/11/2033 +2 more

5 metrics

Options Granted 120,000 shares Stock Option (right to buy) grant to President Michael T. Lavin

Exercise Price $9.20 per share Conversion or exercise price of granted stock options

Expiration Date 08/11/2033 Option grant expiration for Michael T. Lavin

Vesting Start 08/11/2027 First of four equal vesting installments

Total Options After Grant 120,000 options Total derivative holdings reported following this transaction

Key Terms

Stock Option (right to buy), exercise price, vest in four equal installments, expiration date

4 terms

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

exercise price financial

"conversion_or_exercise_price: 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.

vest in four equal installments financial

"Becomes exercisable in four equal installments on 8/11/2027"

expiration date financial

"expiration_date: 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

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

What did CPSS President Michael T. Lavin report in this Form 4?

Michael T. Lavin reported a grant of stock options for 120,000 shares of Consumer Portfolio Services, Inc. common stock, awarded in consideration of his services to the company.

What is the exercise price of the options granted to CPSS President Michael T. Lavin?

The options granted to Michael T. Lavin have an exercise price of $9.20 per share, allowing him to buy Consumer Portfolio Services common stock at that price once vested.

When do Michael T. Lavin’s CPSS stock options vest?

Michael T. Lavin’s options vest in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030, spreading the vesting over four years.

What is the expiration date of the stock options reported by CPSS President Michael T. Lavin?

The stock options granted to Michael T. Lavin expire on 8/11/2033. After that date, any unexercised options will no longer be exercisable for Consumer Portfolio Services shares.

How many shares underlie the CPSS stock options granted to Michael T. Lavin?

The options give Michael T. Lavin the right to buy 120,000 shares of Consumer Portfolio Services common stock, matching the number of option units granted.

Why were these CPSS stock options issued to Michael T. Lavin?

The options were issued in consideration of Michael T. Lavin’s services to Consumer Portfolio Services, Inc., indicating they are part of his compensation package.

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

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Accepted by SEC EDGAR 08/13/2026 - 08:46 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^*

Lavin Michael T.

(Last) (First) (Middle)

3800 HOWARD HUGHES PARKWAY

SUITE 1400

(Street)

LAS VEGAS NEVADA 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)
	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		120,000		(1)	08/11/2033	Common Stock, No Par Value	120,000	(2)	120,000	D

Explanation of Responses:

1. Becomes exercisable in four 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/ Michael T. Lavin	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)