Michael T. Lavin - 08 May 2025 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
President
Signature
/s/ Michael T. Lavin
Issuer symbol
CPSS
Transactions as of
08 May 2025
Net transactions value
-$72,752
Form type
4
Filing time
12 May 2025, 12:57:11 UTC
Previous filing
21 May 2024
Next filing
11 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lavin Michael T. President 19500 JAMBOREE ROAD, IRVINE /s/ Michael T. Lavin 12 May 2025 0001463930

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, no par value Options Exercise $80,423 +23,110 $3.48 23,110 08 May 2025 Direct
transaction CPSS Common Stock, no par value Options Exercise $232,777 +66,890 +289% $3.48 90,000 08 May 2025 Direct
transaction CPSS Common Stock, no par value Tax liability $385,952 -39,064 -43% $9.88 50,936 08 May 2025 Direct F1
transaction CPSS Common Stock, no par value Gift $0 -50,936 -100% $0.000000 0 08 May 2025 Direct
transaction CPSS Common Stock, no par value Gift $0 +50,936 +14% $0.000000 404,815 08 May 2025 MTRB LAVIN LIVING TRUST

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPSS Stock Option (right to buy) Options Exercise -90,000 -100% 0 08 May 2025 Common Stock, No Par Value 90,000 $3.48 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 27,826 shares of common stock on net exercise of option to purchase 66,890 shares of common stock. The reporting person forfeited 39,064 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 08, 2025 of $9.88 per share.
F2 Becomes exercisable in four equal increments on May 9, 2019, 2020, 2021, and 2022.
F3 Issued in consideration of the named person's services to the issuer.