Consumer Portfolio Services (CPSS) awards 90,000 stock options to executive VP
Rhea-AI Filing Summary
CONSUMER PORTFOLIO SERVICES, INC. reported an equity compensation grant to Executive Vice President Teri Robinson. Robinson received 90,000 stock options with an exercise price of $9.20 per share, expiring on August 11, 2033. These options, covering 90,000 shares of common stock, were issued in consideration of Robinson’s services and become exercisable in four equal installments on August 11 of each year from 2027 through 2030. Following this grant, Robinson holds 90,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Teri
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 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: 90,000 options
Exercise Price: $9.20 per share
Underlying Shares: 90,000 shares
+3 more
6 metrics
Options Granted
90,000 options
Stock Option (right to buy) granted to Executive Vice President on 2026-08-11
Exercise Price
$9.20 per share
Conversion or exercise price of granted stock options
Underlying Shares
90,000 shares
Common Stock, No Par Value underlying the granted options
Expiration Date
August 11, 2033
Expiration of the granted stock options
Post-Grant Derivative Holdings
90,000 options
Total derivative securities held directly by Teri Robinson after the transaction
Vesting Schedule
4 equal installments 2027–2030
Becomes exercisable on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030
Key Terms
Stock Option (right to buy), derivative securities, exercise price, becomes exercisable in four equal installments, +1 more
5 terms
Stock Option (right to buy) financial
"security_title is reported as Stock Option (right to buy)"
derivative securities financial
"total_shares_following_transaction shows 90,000 derivative securities"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
exercise price financial
"conversion_or_exercise_price is reported as an 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.
becomes exercisable in four equal installments financial
"Footnote states it becomes exercisable in four equal installments"
Common Stock, No Par Value financial
"underlying security title is Common Stock, No Par Value"
FAQ
What did CPSS Executive Vice President Teri Robinson report on this Form 4?
Teri Robinson reported a grant of 90,000 stock options to buy Consumer Portfolio Services common stock. The options were issued as compensation for services and are held as direct derivative ownership.
What is the exercise price of the stock options granted to Teri Robinson at CPSS?
The granted stock options have an exercise price of $9.20 per share. Each option allows purchase of one share of Common Stock, No Par Value at this price once vested, until expiration.
When do Teri Robinson’s CPSS stock options vest?
The options become exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030. Each vesting date releases one-quarter of the 90,000 options for potential exercise.
When do the CPSS stock options granted to Teri Robinson expire?
The reported stock options expire on August 11, 2033. After that expiration date, any unexercised options can no longer be used to purchase Consumer Portfolio Services common shares at the specified exercise price.
Were Teri Robinson’s CPSS options granted under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirming plan. The footnotes state the options were issued in consideration of services, without indicating a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
