secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
CIK:        0000889609
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001683168-24-002462
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CPSS discloses FY2023 non-equity incentive compensation for NEOs; CEO bonus $3.0M
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- CEO Charles Bradley received $3,005,000 non-equity incentive compensation, total 2023 comp of $4,000,342.
- President Lavin received $582,063 non-equity incentive; total comp $1,034,405.
- Other NEOs (Bharwani, Robinson, Straten) received $385,655–$413,406 in non-equity incentive.
- CEO pay ratio for 2023 is 58.6:1 (median employee compensation of $68,282).
- Maximum potential CEO bonus was 600% of base salary; award based on seven weighted objectives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889609/000168316824002462/0001683168-24-002462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889609/000168316824002462/cps_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-002462

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer