Short answer
CONSUMER PORTFOLIO SERVICES, INC. (CPSS) filed an 8-K current report with the SEC on April 2, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). FY2025 total compensation: CEO Charles Bradley $5.44M, COO Michael Lavin $1.39M, CFO Danny Bharwani $1.25M.
CONSUMER PORTFOLIO SERVICES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- FY2025 total compensation: CEO Charles Bradley $5.44M, COO Michael Lavin $1.39M, CFO Danny Bharwani $1.25M
- CEO incentive payment $3.28M, reflecting a maximum award opportunity of 720% of base salary
- CEO objectives included originations up to $2.1B, $100M residual financing, $1.2B forward flow agreement, and stock-price targets through $16
- FY2025 option awards valued at $1.14M for CEO, $455,916 for COO, and $341,937 for CFO
- Revised table captures final FY2025 incentive amounts paid or granted in 2026, clarifying executive compensation exposure
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other CONSUMER PORTFOLIO SERVICES, INC. 8-K filings
Get the next CPSS 8-K as it lands
Follow CPSS for push alerts, or ask the research agent what this filing means.