Last updated: 21 May 2024 at 4:30pm EST

Michael Lavin Net Worth




The estimated Net Worth of Michael T. Lavin is at least $3.86 Milhão dollars as of 17 May 2024. Mr. Lavin owns over 90,000 units of Consumer Portfolio Service stock worth over $853,200 and over the last 16 years he sold CPSS stock worth over $2,030,115. In addition, he makes $972,767 as Chief Operating Officer, Executive Vice President, e Chief Legal Officer at Consumer Portfolio Service.

Mr. Lavin CPSS stock SEC Form 4 insiders trading

Michael has made over 16 trades of the Consumer Portfolio Service stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 90,000 units of CPSS stock worth $391,500 on 17 May 2024.

The largest trade he's ever made was exercising 242,000 units of Consumer Portfolio Service stock on 13 August 2013 worth over $336,380. On average, Michael trades about 27,723 units every 120 days since 2009. As of 17 May 2024 he still owns at least 90,000 units of Consumer Portfolio Service stock.

You can see the complete history of Mr. Lavin stock trades at the bottom of the page.





Michael Lavin biography

Michael T. Lavin serves as Chief Operating Officer, Executive Vice President, Chief Legal Officer of the Company. Prior to that, he was our Senior Vice President – General Counsel since March 2013, Senior Vice President and Corporate Counsel since May 2009 and our Vice President- Legal since joining the Company in November of 2001. Mr. Lavin was previously engaged as a law clerk and an associate with the San Diego based large law firm (now defunct) of Edwards, Sooy & Byron from 1996 through 2000 and then as an associate with the Orange County based firm of Trachtman & Trachtman from 2000 through 2001. Mr. Lavin also clerked for the San Diego District Attorney’s office and Orange County Public Defender’s office.

What is the salary of Michael Lavin?

As the Chief Operating Officer, Executive Vice President, e Chief Legal Officer of Consumer Portfolio Service, the total compensation of Michael Lavin at Consumer Portfolio Service is $972,767. There are 2 executives at Consumer Portfolio Service getting paid more, with Charles Bradley having the highest compensation of $3,929,770.



How old is Michael Lavin?

Michael Lavin is 47, he's been the Chief Operating Officer, Executive Vice President, e Chief Legal Officer of Consumer Portfolio Service since 2019. There are 24 older and no younger executives at Consumer Portfolio Service. The oldest executive at Consumer Portfolio Service, Inc. is William Roberts, 82, who is the Independent Director.

What's Michael Lavin's mailing address?

Michael's mailing address filed with the SEC is 19500 JAMBOREE ROAD, , IRVINE, CA, 92612.

Insiders trading at Consumer Portfolio Service

Over the last 21 years, insiders at Consumer Portfolio Service have traded over $66,617,936 worth of Consumer Portfolio Service stock and bought 2,342,632 units worth $14,069,284 . The most active insiders traders include Inc Citigroup, Charles E Jr Bradley, eCurve Capital Llcbrown Thom.... On average, Consumer Portfolio Service executives and independent directors trade stock every 17 days with the average trade being worth of $473,564. The most recent stock trade was executed by John Patrick Harton on 6 September 2024, trading 10,000 units of CPSS stock currently worth $90,000.



What does Consumer Portfolio Service do?

consumer portfolio services is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories. we purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. we fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives. our operational headquarters are located in irvine, california and we have four additional strategically located servicing branches in florida, illinois, nevada and virginia. since we began operations in 1991 and through june 2015, we have purchased over $11.8 billion in contracts. we currently service a total managed portfolio of approximately $1.8 billion with approximately 140,000 customers and 900 employees. we maintain dealer relationships in 48 states across the united states.



What does Consumer Portfolio Service's logo look like?

Consumer Portfolio Service, Inc. logo

Complete history of Mr. Lavin stock trades at Consumer Portfolio Service

Data
#
Companhia
Acionista maioritário
Trans.
Transação
Ações Preço por ação Preço total Ações após Fonte
17 May 2024 Michael T. Lavin
Presidente
Exercício de opção 90,000 $4.35 $391,500
17 May 2024
90,000
9 May 2023 Michael T. Lavin
Presidente
Exercício de opção 90,000 $3.48 $313,200
9 May 2023
64,056
24 Jan 2023 Michael T. Lavin
Presidente
Exercício de opção 135,000 $7.35 $992,250
24 Jan 2023
78,582
3 May 2022 Michael T. Lavin
Presidente
Exercício de opção 90,000 $6.11 $549,900
3 May 2022
90,000
2 May 2022 Michael T. Lavin
Presidente
Venda 30,000 $11.80 $354,000
2 May 2022
200,989
28 Apr 2022 Michael T. Lavin
Presidente
Venda 37,960 $11.77 $446,789
28 Apr 2022
230,989
21 Apr 2022 Michael T. Lavin
Presidente
Venda 1,051 $12.27 $12,896
21 Apr 2022
268,949
15 Mar 2022 Michael T. Lavin
Presidente
Exercício de opção 30,000 $1.41 $42,300
15 Mar 2022
30,000
8 Mar 2022 Michael T. Lavin
Presidente
Venda 65,000 $11.57 $752,050
8 Mar 2022
240,000
17 Sep 2021 Michael T. Lavin
Presidente
Exercício de opção 30,000 $0.95 $28,500
17 Sep 2021
30,000
27 May 2021 Michael T. Lavin
Presidente
Exercício de opção 20,000 $1.03 $20,600
27 May 2021
20,000
23 Jul 2014 Michael T. Lavin
Presidente
Exercício de opção 53,000 $1.11 $58,830
23 Jul 2014
53,000
13 Feb 2014 Michael T. Lavin
Presidente
Venda 62,000 $7.49 $464,380
13 Feb 2014
180,000
13 Aug 2013 Michael T. Lavin
Presidente
Exercício de opção 242,000 $1.39 $336,380
13 Aug 2013
242,000
8 Jul 2013 Michael T. Lavin
Presidente
Exercício de opção 10,000 $1.50 $15,000
8 Jul 2013
10,000
19 Jul 2012 Michael T. Lavin
Presidente
Exercício de opção 12,000 $1.50 $18,000
19 Jul 2012
12,000


Consumer Portfolio Service executives and stock owners

Consumer Portfolio Service executives and other stock owners filed with the SEC include: