secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
CIK:        0000889609
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001683168-26-001289
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CPSS appoints Scott Carnahan to board, replacing William Roberts
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- Carnahan appointed Feb. 18, 2026 to fill vacancy left by Roberts' resignation; term expires at 2026 annual meeting.
- Carnahan brings 40+ years in financial institutions; senior roles at FTI Consulting and KPMG LLP.
- Company paid FTI $127K in FY2024 and $173K in FY2025 for consulting; engagement ended Sep. 2025.
- Carnahan will receive standard non-employee director compensation; not yet assigned to any board committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889609/000168316826001289/0001683168-26-001289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889609/000168316826001289/cps_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001289

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