Michael T. Lavin
Net Worth

Last updated:

What is Michael T. Lavin net worth?

The estimated net worth of Mr. Michael T. Lavin is at least $15,483,883 as of 17 May 2024. He owns shares worth $1,696,347 as insider, has earned $2,030,856 from insider trading and has received compensation worth at least $11,756,680 in Consumer Portfolio Services, Inc..

What is the salary of Michael T. Lavin?

Mr. Michael T. Lavin salary is $904,360 per year as Chief Operating Officer, Executive Vice President & Chief Legal Officer in Consumer Portfolio Services, Inc..

How old is Michael T. Lavin?

Mr. Michael T. Lavin is 52 years old, born in 1973.

What stocks does Michael T. Lavin currently own?

As insider, Mr. Michael T. Lavin owns shares in one company:

Company Title Shares Price per share Total value
Consumer Portfolio Services, Inc. (CPSS) Chief Operating Officer, Executive Vice President & Chief Legal Officer 200,989 $8.44 $1,696,347

What does Consumer Portfolio Services, Inc. do?

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories or past credit problems. It serves as an alternative source of financing for dealers, facilitating sales to customers who are not able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also acquires installment purchase contracts in four merger and acquisition transactions; purchases immaterial amounts of vehicle purchase money loans from non-affiliated lenders. and offers financing directly to sub-prime consumers to facilitate their purchase of a new or used automobile, light truck, or passenger van. It services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. The company was founded in 1991 and is based in Las Vegas, Nevada.

CPSS logo
CPSS
Consumer Portfolio Services, Inc.
$8.44

Michael T. Lavin insider trading

Consumer Portfolio Services, Inc.

Mr. Michael T. Lavin has made 7 insider trades between 2012-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 242,000 units of CPSS stock on 13 Aug 2013. As of 17 May 2024 he still owns at least 200,989 units of CPSS stock.

Transaction Date Security Shares Price per share Total value Source
Option
Stock Option (right to buy) 90,000 $4.35 $391,500
Option
Common Stock, no par value 90,000 $4.35 $391,500
Option
Common Stock, no par value 45,000 $3.48 $156,600
Option
Stock Option (right to buy) 90,000 $3.48 $313,200
Option
Common Stock, no par value 45,000 $3.48 $156,600
Option
Stock Option (right to buy) 60,000 $7.97 $478,200
Option
Common Stock, No Par Value 60,000 $7.97 $478,200
Option
Common Stock, No Par Value 75,000 $6.86 $514,500
Option
Stock Option (right to buy) 90,000 $6.11 $549,900
Option
Common Stock, No Par Value 90,000 $6.11 $549,900
Sale
Common Stock, No Par Value 30,000 $11.8 $354,060
Sale
Common Stock, No Par Value 25,872 $11.72 $303,323
Sale
Common Stock, No Par Value 12,088 $11.87 $143,485
Sale
Common Stock, No Par Value 1,051 $12.27 $12,892
Option
Common Stock, No Par Value 30,000 $1.57 $47,100
Option
Stock Option (right to buy) 8,400 $1.94 $16,296
Sale
Common Stock, No Par Value 57,525 $11.56 $664,989
Sale
Common Stock, No Par Value 7,475 $11.62 $86,860
Option
Common Stock, no par value 30,000 $0.95 $28,500
Option
Stock Option (right to buy) 30,000 $0.95 $28,500
Option
Stock Option, (right to buy) 20,000 $1.03 $20,600
Option
Common Stock, no par value 20,000 $1.03 $20,600
Option
Common Stock, no par value 53,000 $1.25 $66,409
Option
Stock Option (right to buy) 53,000 $1.25 $66,409
Sale
common stock, no par value 62,000 $7.5 $465,248
Option
Common Stock, no par value 242,000 $1.61 $388,410
Option
Stock Option (right to buy) 48,000 $0.77 $36,960
Option
common stoc, no par value 10,000 $1.5 $15,000
Option
Stock Option (right to buy) 10,000 $1.5 $15,000
Option
common stock, no par value 12,000 $1.5 $18,000
Option
Stock Option (right to buy) 12,000 $1.5 $18,000

Consumer Portfolio Services key executives

Consumer Portfolio Services, Inc. executives and other stock owners filed with the SEC: