Consumer Portfolio Services (CPSS) SVP Michele Baumeister Receives Award

What Happened Michele L. Baumeister, Senior Vice President of Consumer Portfolio Services (CPSS), received a grant of 60,000 derivative securities on 2026-08-11 (reported on Form 4). No per-share price or total dollar value was disclosed; the award is reported as a derivative award (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-13 (filed within the two-business-day window).
• Quantity: 60,000 derivative shares (acquisition code A). Price: N/A / not disclosed.
• Vesting/exercisability (Footnote F1): Becomes exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029 and 8/11/2030.
• Reason (Footnote F2): Issued in consideration of the named person’s services to the issuer.
• Shares owned following the transaction: not specified in the filing.

Context This was a compensation-related award of derivative securities (not an open-market buy or sale). Such grants compensate executives for services and follow a vesting schedule; they do not, by themselves, indicate immediate buying or selling intentions.