Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-11-25

Consumer Portfolio Services (CPSS)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,165,611
Charles Bradley total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
61.91%
Say-on-pay support, latest vote
Companies that benchmark against CPSS
5 companies name CPSS as a compensation peer

Each company listed discloses CPSS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CPSS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Charles Bradley$995,000$0$0$0$3,130,000$0$40,611$4,165,611
Chief Executive Officer
Michael Lavin470,000000443,680047,158960,838
President & Chief Operating Officer
Danny Bharwani386,000000444,929044,871875,800
Executive Vice President & Chief Financial Officer
Teri Robinson386,000000428,71702,342817,059
Executive Vice President - Sales & Originations
Christopher Terry374,000000319,39609,534702,930
Executive Vice President - Risk, Systems, & IT

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Charles Bradley$4,165,611
Michael Lavin960,838
Danny Bharwani875,800
Teri Robinson817,059
Christopher Terry702,930

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Charles BradleyOption75,0004.95
Charles BradleyOption375,00010.32
Christopher TerryOption30,00010.25
Charles BradleyOption150,00010.25
Michael LavinOption22,5004.95
Michael LavinOption45,00010.25
Danny BharwaniOption15,0004.95
Danny BharwaniOption30,00010.25
Teri RobinsonOption15,0004.95
Teri RobinsonOption30,00010.25
Christopher TerryOption15,0004.95
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program is designed to align executive pay with operational and financial performance, utilizing a cash-based Executive Management Bonus Plan tied to specific objectives such as budget adherence, securitization execution, originations volume, and stock price targets.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-1912,309,4737,573,65460,03461.91%Passed
20242024-11-1215,390,2891,255,2212,20092.46%Passed
20232023-11-148,238,8363,405,8727,55070.75%Passed
20222022-08-2514,829,0973,428,71137,19781.22%Passed
20212021-12-017,407,2434,430,5385,20362.57%Passed
20202020-10-228,812,1784,602,1773,25065.69%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-11-1961.91%a
20242024-11-1292.46%b
20232023-11-1470.75%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Daniel S. WoodIndependent · Audit · Compensation (Chair)$107,200$107,200
Brian J. RayhillIndependent · Audit (Chair) · Nominating106,700106,700
Gregory S. WasherIndependent · Audit · Nominating (Chair)98,80098,800
William W. GroundsIndependent · Compensation · Nominating91,30091,300
Louis M. GrassoIndependent · Audit · Compensation84,40084,400
William B. RobertsIndependent · Compensation81,90081,900
James E. Walker IIIIndependent74,50074,500
Stephen H. DeckoffIndependent74,00074,000
Charles E. Bradley JrEmployee director · Audit00
09

Board fee structure and ownership guideline

Annual cash retainer$72,000
Annual equity retainer
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)14,400 / 14,400 / 14,400
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$718,800
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$718,800

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Consumer Portfolio Services2024Charles Bradley$995,000$0$0$3,130,000$4,165,611

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Charles BradleyDEF 14A2025-10-280001683168-25-007815Section “Executive Compensation”. As printed: 4,165,611. Filing ↗machine: span 304109–304118
2Section 01, Michael LavinDEF 14A2025-10-280001683168-25-007815Section “Executive Compensation”. As printed: 960,838. Filing ↗machine: r5 · c21 · span 307682–307689
3Section 01, Danny BharwaniDEF 14A2025-10-280001683168-25-007815Section “Executive Compensation”. As printed: 875,800. Filing ↗machine: r9 · c21 · span 311254–311261
4Section 01, Teri RobinsonDEF 14A2025-10-280001683168-25-007815Section “Executive Compensation”. As printed: 817,059. Filing ↗machine: r13 · c21 · span 314863–314870
5Section 01, Christopher TerryDEF 14A2025-10-280001683168-25-007815Section “Executive Compensation”. As printed: 702,930. Filing ↗machine: r17 · c20 · span 318481–318488
6Section 08, Daniel S. WoodDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 107,200. Filing ↗machine: span 386312–386319
7Section 08, Brian J. RayhillDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 106,700. Filing ↗machine: span 384652–384659
8Section 08, Gregory S. WasherDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 98,800. Filing ↗machine: span 385895–385901
9Section 08, William W. GroundsDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 91,300. Filing ↗machine: span 384233–384239
10Section 08, Louis M. GrassoDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 84,400. Filing ↗machine: span 383823–383829
11Section 08, William B. RobertsDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 81,900. Filing ↗machine: span 385064–385070
12Section 08, James E. Walker IIIDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 74,500. Filing ↗machine: span 385486–385492
13Section 08, Stephen H. DeckoffDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 74,000. Filing ↗machine: span 383342–383348
14Section 08, Charles E. Bradley JrDEF 14A2025-10-280001683168-25-007815Section “Director Compensation”. As printed: 0. Filing ↗
15Section 06, 2025 voteForm 8-K2025-11-250001683168-25-008677Item 5.07 · say-on-pay result. As reported: 61.91% (votes for as printed: 12,309,473). Filing ↗
16Section 06, 2024 voteForm 8-K2024-11-180001683168-24-008229Item 5.07 · say-on-pay result. As reported: 92.46% (votes for as printed: 15,390,289). Filing ↗
17Section 06, 2023 voteForm 8-K2023-11-200001683168-23-008345Item 5.07 · say-on-pay result. As reported: 70.75% (votes for as printed: 8,238,836). Filing ↗
18Section 09b board cost (computed)ComputedcomputedCash 718,800 + equity 0 + all other 0 = 718,800, summed across the director compensation table rows.machine: formula: Σ = 718,800
19Consumer Portfolio Services (subject), Section 10b CEO totalDEF 14A2025-10-280001683168-25-007815CEO total compensation as printed in Consumer Portfolio Services's own proxy. As printed: 4,165,611. Filing ↗machine: span 304109–304118