Consumer Portfolio Services insider grant: 120,000 options, $8.19 exercise

Rhea-AI Filing Summary

Robert E. Riedl, Senior Executive Vice President of Consumer Portfolio Services (CPSS), was granted stock options. The award is for 120,000 stock options with an exercise price of $8.19. The options become exercisable in four equal increments beginning one year after grant and continuing annually through the fourth year, and they expire in 2032. The filing states the options were issued as consideration for services to the company and are held directly by the reporting person.

Positive

• Grant of 120,000 stock options to a senior executive is explicitly disclosed
• Exercise price stated at $8.19, providing clear terms of the option grant
• Vesting schedule specified: four equal increments beginning one year after grant through year four, and expiration in 2032
• Options issued as consideration for services, explicitly stated

Negative

• None.

Insights

Securities Analyst

TL;DR: Executive received a sizable option grant (120,000 options at $8.19), vesting over four years, expiring 2032.

This Form 4 documents a non-derivative issuance of stock options to the company’s Senior Executive Vice President. The grant size and multiyear vesting schedule are explicitly disclosed, as is the $8.19 exercise price and 2032 expiration. From a securities reporting perspective, the filing records compensation-related equity awarded for services and shows direct beneficial ownership of the options by the reporting person. No additional financial metrics, percentage ownership, or changes in existing holdings are provided in the filing.

Corporate Governance Expert

TL;DR: Director/officer received service-based option award with standard multi-year vesting; disclosure is routine for insider compensation.

The document clearly states the award’s mechanics: 120,000 options, strike $8.19, vesting in four equal tranches starting one year after grant, with an expiration in 2032. The filing identifies the reporting person’s role as Senior Executive Vice President and indicates the options were issued as compensation for services. The disclosure is concise and limited to the transaction and vesting terms; it does not include grant valuation, shareholder approval references, or any changes to other holdings.

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
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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^*

RIEDL ROBERT E

(Last) (First) (Middle)

19500 JAMBOREE ROAD

(Street)

IRVINE CA 92612

(City) (State) (Zip)

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. Exec. Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	$8.19	09/09/2025		A		120,000		(1)	09/09/2032	Common Stock, No Par Value	120,000	(2)	120,000	D

Explanation of Responses:

1. Becomes exercisable in four equal increments on 9/9/2026, 9/9/2027, 9/9/2028, and 9/9/2029.

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

	/s/ Robert E. Riedl	09/11/2025
	** 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.

FAQ

What did Robert E. Riedl report on the Form 4 for CPSS?

The Form 4 reports a grant of 120,000 stock options to Robert E. Riedl, held directly, issued as consideration for services.

What is the exercise price and expiration for the options reported on CPSS Form 4?

The options have an exercise price of $8.19 and an expiration date in 2032.

How do the reported options vest according to the filing?

The filing states the options become exercisable in four equal increments over four years beginning one year after the grant.

What role does the reporting person hold at Consumer Portfolio Services (CPSS)?

The reporting person is identified as Senior Executive Vice President and is also listed among officers/directors on the form.

Were the options reported as direct or indirect ownership?

The Form 4 shows the options are held in a direct ownership form by the reporting person.