MAGNOLIA CAPITAL FUND, LP 4
4 · AMERICAS CARMART INC · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
Americas CarMart (CRMT) 10% Owner Adam K. Peterson Sells 132,815 Shares
What Happened Adam K. Peterson, the managing member of The Magnolia Group (and a 10% owner via related entities), reported a disposition of 132,815 shares of Americas CarMart common stock on April 20, 2026. The Form 4 lists the transaction as an "other disposition" (code J) with $0 reported proceeds because the shares were distributed in-kind by Magnolia Capital Fund, LP to withdrawing limited partners rather than sold in the open market.
Key Details
- Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely filing).
- Transaction type/code: Other disposition (J) — 132,815 shares; reported price $0.00 (in-kind distribution).
- Shares owned after transaction: The filing does not state a specific post-transaction total for Peterson; it notes Magnolia Capital Fund is no longer deemed the beneficial owner of the distributed 132,815 shares, and beneficial ownership attributed to The Magnolia Group and Mr. Peterson decreased correspondingly.
- Footnotes:
- F1/F2 explain the shares were held by Magnolia Capital Fund, LP (MCF), with The Magnolia Group, LLC as general partner and Mr. Peterson as managing member; TMG and Mr. Peterson disclaim ownership except for pecuniary interests.
- F3 clarifies MCF distributed the shares in-kind to withdrawing limited partners, causing the decrease in reported beneficial ownership.
- No sale proceeds or cash received are reported; this was a distribution, not an open-market sale.
Context This was an institutional/fund in-kind distribution by Magnolia Capital Fund to withdrawing partners, not a personal open-market sale by Mr. Peterson. Such distributions reduce the fund’s (and related parties’) reported beneficial ownership but do not necessarily indicate Mr. Peterson’s personal intent to sell shares on the market.
Insider Transaction Report
- Other
Common Stock
[F3][F1][F2]2026-04-20−132,815→ 1,127,875 total
Footnotes (3)
- [F1]The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr.Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein.
- [F2]TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
- [F3]In satisfaction of certain withdrawal requests, MCF distributed in-kind a total of 132,815 shares of the Issuer's Common Stock to the withdrawing limited partners on April 20, 2026. As a result of the distribution, MCF is no longer deemed beneficial owner of such distributed shares and, accordingly, the number of shares reported by MCF decreased by 132,815 (with a corresponding decrease in the number of shares beneficially owned by TMG, as the general partner of MCF, and Mr. Peterson, as the managing member of TMG).