CPSS Senior EVP Robert Riedl Receives 120,000-Share Award

What Happened Robert E. Riedl, Senior Executive Vice President of Consumer Portfolio Services, was granted a derivative award for 120,000 shares on 2026-08-11. The award was issued as compensation (no cash purchase) and has no per-share price listed in the filing. The award becomes exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029 and 8/11/2030.

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-13 (timely filing).
• Transaction type: Award/grant (derivative securities); price: N/A.
• Shares involved: 120,000 (derivative award, not immediate open-market shares).
• Vesting/exercise schedule: Four equal installments on 8/11/2027, 8/11/2028, 8/11/2029 and 8/11/2030 (footnote).
• Reason: Issued in consideration of services to the issuer (footnote).
• Shares owned after transaction: Not specified in the provided filing details.

Context This was a compensation award, not a purchase or sale. Because the award vests over four years and is recorded as a derivative, it does not represent immediately tradable stock and does not indicate an immediate buy or sell decision. Such grants are common for executive compensation and are intended to align long-term interests with the company.