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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON DC 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) November 14, 2023

 

  CONSUMER PORTFOLIO SERVICES, INC.  
  (Exact Name of Registrant as Specified in Charter)  

 

california   1-11416   33-0459135

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

  

 

  3800 Howard Hughes Pkwy, Suite 1400, Las Vegas, NV 89169  
  (Address of Principal Executive Offices) (Zip Code)  

 

Registrant's telephone number, including area code (949) 753-6800

 

  Not Applicable  
  (Former name or former address, if changed since last report)  

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, no par value CPSS The Nasdaq Stock Market LLC (Global Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

   

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

Our annual meeting of shareholders was held on November 14, 2023, at which meeting three proposals were placed before our shareholders: proposal one, to elect directors; proposal two, to ratify the appointment of Crowe LLP as our independent auditors for the fiscal year ending December 31, 2023; and proposal three, to adopt an advisory resolution approving our executive compensation.

 

Nine individuals were nominated for election to our board of directors at the meeting, constituting the entire board. Such individuals received votes as follows, and each of the following nine was elected:

 

      Votes for     Votes withheld     Broker Non-Votes  
Charles E. Bradley, Jr.     11,284,773       367,485       5,705,209  
Stephen H. Deckoff     9,512,571       2,139,687       5,705,209  
Louis M. Grasso     11,329,088       323,170       5,705,209  
William W. Grounds     8,942,774       2,709,484       5,705,209  
Brian J. Rayhill     10,369,783       1,282,475       5,705,209  
William B. Roberts     9,041,122       2,611,136       5,705,209  
James E. Walker III     10,555,461       1,096,797       5,705,209  
Gregory S. Washer     9,236,079       2,416,179       5,705,209  
Daniel S. Wood     9,345,969       2,306,289       5,705,209  

 

Proposals two and three were approved, on the following votes:

 

   Votes for   Votes against   Abstentions   Broker Non-Votes 
Proposal Two   17,199,073    156,579    1,815    0 
Proposal Three   8,238,836    3,405,872    7,550    5,705,209 

 

 

 

 

 

 

 

 

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  CONSUMER PORTFOLIO SERVICES, INC.
   
Dated: November 20, 2023 By: /s/ Denesh Bharwani                             
 

Denesh Bharwani

Executive Vice President

Signing on behalf of the registrant

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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