secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
CIK:        0000889609
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001683168-25-003138
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Consumer Portfolio Services discloses FY2024 executive bonuses; CEO Bradley receives $3.13M non-equity incentive
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- CEO Charles Bradley Jr. total compensation $4.17M including $3.13M non-equity incentive plan payment for FY2024.
- President Michael Lavin total $960.8K, bonus $443.7K; CFO Danny Bharwani total $875.8K, bonus $444.9K.
- CEO pay ratio for FY2024 is 55.5:1 based on median employee total compensation of $75,054.
- Bonuses were omitted from the 2024 10-K filed March 2025; this 8-K provides final amounts.
- CEO bonus tied to objectives including originations targets ($1.3B-$1.6B) and stock price targets ($10-$13/share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889609/000168316825003138/0001683168-25-003138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889609/000168316825003138/cps_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-003138

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