Fisher Brian J. 4
Research Summary
AI-generated summary
Regional Management (RM) EVP Brian Fisher Sells 8,457 Shares
What Happened
Brian J. Fisher, EVP and Chief Strategy/Development Officer of Regional Management Corp. (RM), sold a total of 8,457 shares in two open‑market transactions on April 14–15, 2026 for aggregate proceeds of roughly $322,067. The filings report: 3,000 shares sold on 2026-04-14 at a weighted average price of $38.07 (proceeds $114,210) and 5,457 shares sold on 2026-04-15 at a weighted average price of $38.09 (proceeds $207,857). These were sales (not purchases or option exercises).
Key Details
- Transaction dates and reported prices:
- 2026-04-14: 3,000 shares sold; weighted avg price $38.07 (range $38.00–$38.38 per filing footnote).
- 2026-04-15: 5,457 shares sold; weighted avg price $38.09 (range $38.00–$38.44 per filing footnote).
- Total shares sold: 8,457; approximate total proceeds: $322,067.
- Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
- Notable footnotes:
- Sales were effected under a Rule 10b5-1 trading plan adopted December 10, 2025 (pre‑arranged plan).
- Reported prices are weighted averages covering multiple trades; the filer offers to provide full per-trade details on request.
- Filing timeliness: Report filed 2026-04-16 for trades on 2026-04-14 and 2026-04-15; no late‑filing flag provided in the supplied data.
Context
A 10b5-1 plan typically means the sales were pre‑scheduled and may not reflect the insider’s current view of the company. For retail investors, purchases generally carry more direct signaling than routine plan‑driven sales; these transactions should be viewed as routine disposal under a prearranged plan unless other information indicates otherwise.