Lavin Michael T. sold CPSS
May 17, 2024 · Form 4 insider transaction
Lavin Michael T. sold 55,666 shares of Consumer Portfolio Services, Inc. at $8.60 per share, a transaction worth $478.7K. 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
55,666
Price
$8.60
Total value
$478.7K
InsiderLavin Michael T.
Role—
SecurityCommon Stock, no par value
Transaction codeF: Shares withheld for taxes
Transaction dateMay 17, 2024
Filing dateMay 21, 2024
Shares owned after34,334
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents a "net exercise" of outstanding stock options. The reporting person received 34,334 shares of common stock on net exercise of option to purchase 90,000 shares of common stock. The reporting person forfeited 55,666 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 17, 2024 of $8.60 per share.