Bharwani Denesh sold CPSS
May 17, 2024 · Form 4 insider transaction
Bharwani Denesh sold 38,283 shares of Consumer Portfolio Services, Inc. at $8.60 per share, a transaction worth $329.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
38,283
Price
$8.60
Total value
$329.2K
InsiderBharwani Denesh
Role—
SecurityCommon Stock, no par value
Transaction codeF: Shares withheld for taxes
Transaction dateMay 17, 2024
Filing dateMay 21, 2024
Shares owned after324,355
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents a "net exercise" of outstanding stock options. The reporting person received 21,717 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 38,283 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 17, 2023 of $8.60 per share.