SEC Form 4 · accession 0001683168-26-006168
CONSUMER PORTFOLIO SERVICES, INC. · CPSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T. Lavin
Officer — President
Period of report
Aug 6, 2026
Accepted (ET)
Aug 10, 2026 · 6:43 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000889609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par value | Aug 6, 2026 | M | 45,829 | $2.47 | A | 45,829 | D | |
| Common Stock, no par value | Aug 6, 2026 | M | 28,647 | $3.53 | A | 74,476 | D | |
| Common Stock, no par value | Aug 6, 2026 | M | 61,353 | $3.53 | A | 135,829 | D | |
| Common Stock, no par value | Aug 6, 2026 | F | 36,525 | $9.57 | D | 99,304 | D | |
| Common Stock, no par value | Aug 6, 2026 | G | 99,304 | $0.00 | D | 0 | D | |
| Common Stock, no par value | Aug 6, 2026 | G | 99,304 | $0.00 | A | 504,119 | I | MTRB LAVIN LIVING TRUST |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3,F2 | $3.53 | Aug 6, 2026 | M | 90,000 | D | — | Aug 8, 2026 | Common Stock, No Par Value | 90,000 | 0 | D |
| Stock Option (right to buy)F3,F4 | $2.47 | Aug 6, 2026 | M | 45,829 | D | — | Jun 1, 2027 | Common Stock, No Par Value | 45,829 | 104,171 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 24,828 shares of common stock on net exercise of option to purchase 61,353 shares of common stock. The reporting person forfeited 36,525 shares of common stock underlying the option in payment of the exercise price and tax liability using the closing stock price on August 6, 2026 of $9.57 per share.
- F2Became exercisable in 4 equal installments on 8/8/2020, 8/8/2021, 8/8/2022, and 8/8/2023.
- F3Issued in consideration of the named person's services to the issuer.
- F4Original grant of 150,000 shares became exercisable in 4 equal installments on 6/1/2021, 6/1/2022, 6/1/2023, and 6/1/2024.