Consumer Portfolio Services, Inc. filed an 8-K on November 2, 2026, disclosing the results of its annual shareholder meeting held on October 27, 2026, at which all nine director nominees were elected and two additional proposals were approved.

Key Highlights

  • All nine directors elected: Every nominee to the Consumer Portfolio Services board received sufficient votes for election at the October 27, 2026 annual meeting.
  • Highest director support: Brian J. Rayhill received the most votes in favor among all nominees, with 15,634,422 votes for and 2,933,853 withheld.
  • Lowest director support: Stephen H. Deckoff received 8,169,959 votes for and 10,398,316 withheld, the narrowest margin among the nine nominees.
  • Auditor ratification approved: Proposal two, ratifying the appointment of Crowe LLP as independent auditors for fiscal year ending December 31, 2026, passed with 20,813,321 votes for, 27,713 against, and 14,857 abstentions.
  • Executive compensation approved: Proposal three, the advisory resolution on named executive officer compensation, passed with 10,547,577 votes for and 8,017,083 against.
  • Broker non-votes: 2,287,616 broker non-votes were recorded for all director elections and the executive compensation proposal; no broker non-votes applied to the auditor ratification proposal.

Annual Meeting Voting Details for Consumer Portfolio Services

According to the 8-K filed with the SEC by Consumer Portfolio Services, Inc. (NASDAQ:CPSS), the company's annual shareholder meeting took place on October 27, 2026. Three proposals were submitted to shareholders: election of directors, ratification of the independent auditor, and an advisory vote on executive compensation.

The filing disclosed that nine individuals were nominated to constitute the entire board of directors. All nine were elected. Vote totals varied notably among nominees. Charles E. Bradley, Jr. received 11,718,452 votes for and 6,849,823 withheld. Scott W. Carnahan received 13,241,286 for and 5,326,989 withheld. Louis M. Grasso received 11,088,686 for and 7,479,589 withheld. William W. Grounds received 10,133,756 for and 8,434,519 withheld. James E. Walker III received 11,348,048 for and 7,220,227 withheld. Gregory S. Washer received 11,358,546 for and 7,209,729 withheld. Daniel S. Wood received 10,322,146 for and 8,246,119 withheld. Each nominee shared the same broker non-vote count of 2,287,616, except Daniel S. Wood, whose broker non-vote count the filing listed as 2,287,626.

On proposal two, the ratification of Crowe LLP as independent auditors for the fiscal year ending December 31, 2026, the filing reported 20,813,321 votes for, 27,713 against, and 14,857 abstentions, with no broker non-votes recorded. Proposal three, the advisory resolution on named executive officer compensation, received 10,547,577 votes for, 8,017,083 against, and 3,615 abstentions, with 2,287,616 broker non-votes. The filing was signed by Denesh Bharwani, Executive Vice President and Chief Financial Officer, on behalf of the registrant.

What Was Disclosed

Consumer Portfolio Services reported the voting results from its October 27, 2026 annual shareholder meeting, covering the election of nine directors, ratification of Crowe LLP as auditor, and an advisory vote approving executive compensation. All three proposals passed.