CPSS exec exercises options for 30,000 shares

CONSUMER PORTFOLIO SERVICES, INC. senior vice president Steven Schween exercised stock options to acquire 30,000 shares of common stock at an exercise price of $3.53 per share.

Rhea-AI Filing Summary

CONSUMER PORTFOLIO SERVICES, INC. senior vice president Steven Schween exercised stock options to acquire 30,000 shares of common stock at an exercise price of $3.53 per share. These options had vested in four equal installments of 7,500 shares from August 8, 2020 through August 8, 2023, and were originally issued as consideration for his services. After this exercise, he holds 127,099 common shares directly, and the filing shows no remaining derivative position, indicating a full exercise-and-hold rather than an immediate sale.

Insider Trade Summary

30,000 shares exercised/converted

Exercise 2 txns

Insider Schween Steven

Role Sr. Vice President

Type	Security	Shares	Price	Value
Exercise	Common Stock, no par value	30,000	$0.00	$0.00
Exercise	Common Stock, no par value	30,000	$3.53	$106K

Holdings After Transaction: Common Stock, no par value — 0 contracts (Direct); Common Stock, no par value — 127,099 shares (Direct)

Footnotes (2)

1. F1. Became exercisable in 4 equal installments of 7,500 shares on 8/8/2020, 8/8/2021, 8/8/2022, and 8/8/2023.
2. F2. Issued in consideration of the named person's services to the issuer.

Key Figures

Options exercised: 30,000 shares Exercise price: $3.53 per share Shares held after transaction: 127,099 shares +2 more

5 metrics

Options exercised 30,000 shares Derivative exercise on April 7, 2026

Exercise price $3.53 per share Price for 30,000 exercised options

Shares held after transaction 127,099 shares Direct CPSS common stock ownership after exercise

Vesting installments 4 × 7,500 shares Vesting dates: Aug 8, 2020–2023

Derivative exercises in filing 1 exercise, 30,000 shares transactionSummary exerciseCount and exerciseShares

Key Terms

derivative security, exercise price, Sr. Vice President, Common Stock, no par value, +1 more

5 terms

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.

exercise price financial

"conversion_or_exercise_price": "3.5300""

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.

Sr. Vice President financial

"officer_title": "Sr. Vice President""

Common Stock, no par value financial

"security_title": "Common Stock, no par value""

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

FAQ

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

What did CPSS executive Steven Schween report in this Form 4 filing?

Steven Schween reported exercising stock options to acquire 30,000 shares of CONSUMER PORTFOLIO SERVICES common stock. The options were exercised at $3.53 per share, increasing his direct holdings to 127,099 shares, with no shares reported as sold in this filing.

Did Steven Schween buy or sell CPSS shares in the open market?

The filing shows an option exercise, not an open-market trade. Schween exercised derivative securities to receive 30,000 CPSS common shares at a $3.53 exercise price and retained them, with total direct ownership reported at 127,099 shares after the transaction.

How many CPSS shares does Steven Schween own after this transaction?

After exercising options for 30,000 shares, Steven Schween directly owns 127,099 shares of CONSUMER PORTFOLIO SERVICES common stock. This total reflects his position following the reported derivative exercise on April 7, 2026, with no additional derivative holdings shown.

What was the exercise price and structure of Steven Schween’s CPSS options?

Schween’s options were exercisable for 30,000 CPSS shares at an exercise price of $3.53 per share. They vested in four equal 7,500‑share installments on August 8, 2020, 2021, 2022, and 2023, and were issued as compensation for his services to the company.

Were any CPSS shares sold or withheld for taxes in this Form 4?

The Form 4 does not report any sales or tax withholding dispositions. It records an exercise of 30,000 derivative securities into common stock, with Schween’s post‑transaction direct holdings at 127,099 shares and no separate sale or tax withholding code entries disclosed.

What role does Steven Schween hold at CONSUMER PORTFOLIO SERVICES (CPSS)?

Steven Schween is identified as a Senior Vice President of CONSUMER PORTFOLIO SERVICES, INC. The reported stock option grant and subsequent exercise were issued and executed in consideration of his services to the issuer, according to the footnotes in the Form 4.

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

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Accepted by SEC EDGAR 04/09/2026 - 04:59 PM 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^*

Schween Steven

(Last) (First) (Middle)

3800 HOWARD HUGHES PARKWAY

SUITE 1400

(Street)

LAS VEGAS NEVADA 89169

(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)
04/07/2026

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	04/07/2026		M		30,000	A	$3.53	127,099	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
Common Stock, no par value	$3.53	04/07/2026		M			30,000	(1)	08/08/2026	Common Stock, no par value	30,000	(2)	0	D

Explanation of Responses:

1. Became exercisable in 4 equal installments of 7,500 shares on 8/8/2020, 8/8/2021, 8/8/2022, and 8/8/2023.

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

	/s/ Steven Schween	04/09/2026
	** 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)