Consumer Portfolio Services (CPSS) EVP TERRY CHRIS Receives Award

What Happened
TERRY CHRIS, Executive Vice President of Consumer Portfolio Services, was granted a derivative award covering 90,000 shares on 2026-08-11. The filing lists no per-share price or total dollar value (reported as N/A). The award was issued as compensation for services rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-13 (timely within the normal two-business-day window).
• Transaction type: Grant/Award (derivative securities); price reported as N/A (no exercise/strike price disclosed on the Form 4).
• Amount: 90,000 derivative shares awarded.
• Vesting/exercise schedule (Footnote F1): Becomes exercisable in four equal installments on 8/11/2027, 8/11/2028, 8/11/2029, and 8/11/2030.
• Consideration (Footnote F2): Issued in consideration of the named person's services to the issuer.
• Shares owned after the transaction: Not specified in the provided filing details.

Context
This was a compensation award of derivative securities that vest/exercise over four years; it does not represent an immediate market purchase or sale. Such grants are common for executive compensation and do not by themselves indicate a buy/sell signal. The filing appears timely, and no 10b5-1 plan, tax withholding, or immediate cashless sale was disclosed in the provided information.