Consumer Portfolio Services Insider Grant — 90,000 Options, $8.19 Exercise

Rhea-AI Filing Summary

Reporting person: Teri L. Robinson, Executive Vice President of Consumer Portfolio Services, Inc. (CPSS). Transaction: On 09/09/2025 Ms. Robinson was granted a stock option to buy 90,000 shares of common stock at an exercise price of $8.19. The option was issued as consideration for services and becomes exercisable in four equal annual installments on 09/09/2026, 09/09/2027, 09/09/2028, and 09/09/2029, and expires on 09/09/2032. Following the grant, Ms. Robinson beneficially owns 90,000 underlying shares directly. The Form 4 was signed on 09/11/2025.

Positive

• 90,000 stock options granted to the Executive Vice President, providing clear equity alignment with shareholders
• Four-year vesting schedule (equal increments on 09/09/2026, 09/09/2027, 09/09/2028, 09/09/2029) promotes retention
• Exercise price disclosed at $8.19 and expiration date 09/09/2032 gives transparent terms

Negative

• None.

Insights

Securities Analyst

TL;DR: Executive received a 90,000-share option grant at $8.19, vesting over four years, aligning pay with longer-term performance.

The award is a standard service-based stock option: 90,000 options were granted on 09/09/2025 with an $8.19 exercise price and a 09/09/2032 expiration. Vesting in four equal annual tranches ties retention and incentive to multi-year performance. The filing shows direct beneficial ownership of the underlying shares post-grant. Without company-level context (outstanding shares or past grants), materiality for valuation or dilution cannot be assessed from this Form 4 alone.

Corporate Governance Expert

TL;DR: The grant appears routine and service-based with multi-year vesting, reflecting typical executive compensation design.

The Form 4 documents an equity award issued "in consideration of services," with clearly stated vesting dates and an exercise price. This structure supports alignment between executive and shareholder interests over several years. The filing is complete regarding the option terms, but does not disclose broader compensation plan details or approval process, so governance context is limited to the grant itself.

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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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^*

Robinson Teri

(Last) (First) (Middle)

3800 HOWARD HUGHES PKWY

SUITE 1400

(Street)

LAS VEGAS NV 89169

(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)
	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		90,000		(1)	09/09/2032	Common Stock, No Par Value	90,000	(2)	90,000	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/ Teri L. Robinson	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 Teri L. Robinson report on Form 4 for CPSS?

The Form 4 reports a grant of 90,000 stock options on 09/09/2025 with an exercise price of $8.19, exercisable in four equal tranches and expiring on 09/09/2032.

When do the options granted to Teri Robinson vest?

The options become exercisable in four equal installments on 09/09/2026, 09/09/2027, 09/09/2028, and 09/09/2029.

How many underlying shares does the option cover and how many are beneficially owned after the grant?

The option covers 90,000 underlying shares and the Form 4 reports 90,000 shares beneficially owned following the transaction.

What is the expiration date of the stock option awarded to the reporting person?

The stock option expires on 09/09/2032.

Was the option issued as compensation for services?

Yes, the Form 4 states the option was issued in consideration of the named person's services to the issuer.