CPSS SVP Jackson Noel Receives 60,000-Share Award

What Happened Jackson Noel, Senior Vice President of Consumer Portfolio Services, was granted a derivative award for 60,000 shares on 2026-08-11. The filing lists this as an award/acquisition (derivative securities) issued in consideration of services; no purchase price or immediate cash value is provided.

Key Details

• Transaction date: 2026-08-11; Form 4 filed: 2026-08-13 (appears timely — within the usual two-business-day reporting window).
• Type: Award/Grant of derivative securities (no exercise price or cash amount listed).
• Quantity: 60,000 shares (derivative).
• Vesting/Exercisability: Becomes exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029 and 8/11/2030 (Footnote F1).
• Reason: Issued in consideration of the named person’s services to the issuer (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing.

Context This was a compensation grant (derivative award) rather than an open-market purchase or sale. Such awards typically reflect executive compensation and vest over time; they do not represent an immediate cash outlay or sale of stock. For retail investors, grants are informative about executive compensation but do not necessarily indicate near-term buying or selling intent.