Consumer Portfolio Services (NASDAQ: CPSS) grants 60,000 stock options to senior VP
Rhea-AI Filing Summary
Consumer Portfolio Services, Inc. reported that Sr. Vice President Lisette Reynoso received a grant of 60,000 stock options to purchase Common Stock at an exercise price of $9.20 per share. The 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. Following this grant, Reynoso holds 60,000 options, which were issued in consideration of her services to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reynoso Lisette
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2, F1 | 60,000 | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 60,000 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: 60,000 options
Exercise price: $9.20 per share
Expiration date: 08/11/2033
+1 more
4 metrics
Options granted
60,000 options
Stock Option (right to buy) granted to Sr. Vice President on 2026-08-11
Exercise price
$9.20 per share
Conversion or exercise price for the 60,000 stock options
Expiration date
08/11/2033
Expiration date of the granted stock options
Post-grant option holdings
60,000 options
Total stock options held by Lisette Reynoso following the grant
Key Terms
Stock Option (right to buy), exercise price, expiration date, vest in four equal installments
4 terms
Stock Option (right to buy) financial
"Security title is listed as Stock Option (right to buy)"
exercise price financial
"Conversion or exercise price is $9.2000 per share"
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.
expiration date financial
"The options have 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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vest in four equal installments financial
"Becomes exercisable in four equal installments on specified dates"
FAQ
What insider transaction did CPSS report for Lisette Reynoso?
CPSS reported that Sr. Vice President Lisette Reynoso received a grant of 60,000 stock options. These options give her the right to buy Consumer Portfolio Services common stock at a fixed exercise price in the future, subject to vesting conditions.
What is the exercise price of Lisette Reynoso’s new CPSS stock options?
The granted stock options have an exercise price of $9.20 per share. This means Reynoso can purchase Consumer Portfolio Services common shares at $9.20 once the options vest and before they expire, regardless of the market price at that time.
How many CPSS stock options were granted to Lisette Reynoso and how do they vest?
Lisette Reynoso was granted 60,000 stock options, vesting in four equal installments. The options become exercisable on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030, progressively increasing the portion she can exercise over time.
When do Lisette Reynoso’s CPSS stock options expire?
The stock options granted to Lisette Reynoso expire on 8/11/2033. She must exercise any vested options before this expiration date; after that date, any unexercised options will cease to be exercisable and will have no value.
Why were these CPSS stock options issued to Lisette Reynoso?
The options were issued in consideration of Reynoso’s services to Consumer Portfolio Services. This indicates the grant is part of her compensation package, designed to align her interests with shareholders by linking potential benefit to future stock performance.
What is Lisette Reynoso’s CPSS option holding after this grant?
Following the reported transaction, Lisette Reynoso holds 60,000 stock options in total. These options all relate to this specific grant, giving her potential future rights to acquire shares if she chooses to exercise after vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
