Fisher Brian J. 4

What Happened
Brian J. Fisher, EVP & Chief Strategy/Development Officer at Regional Management Corp. (RM), exercised 8,918 stock options on April 15, 2026 (exercise cost shown as $178,271 at $19.99/share). Of the shares from the exercise, 5,957 were withheld to cover the exercise price and tax withholding (valued at about $227,677 based on the market price at exercise), and the remaining 2,961 shares were sold in the open market on April 17, 2026 for $38.95 each (total proceeds $115,331). Overall the exercised block (8,918 shares) was effectively monetized through withholding plus an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-04-15: Exercised 8,918 options at $19.99 (exercise cost ≈ $178,271).
  • 2026-04-15: 5,957 shares withheld for exercise price/taxes based on $38.22 market price (value ≈ $227,677). (Non-market net exercise.)
  • 2026-04-17: Sold 2,961 shares in the open market at $38.95 (proceeds ≈ $115,331). This sale was effected under a Rule 10b5-1 trading plan adopted Dec 10, 2025.
• Footnotes of note:
  • F1: Open-market sale executed pursuant to a 10b5-1 trading plan.
  • F2: Withheld shares represent a "net exercise" used to pay the exercise price and tax withholding (non-market).
  • F3: $38.22 is the closing market price at the time of option exercise on April 15, 2026.
  • F4: The option was fully vested and exercisable (vesting completed in 2017–2019).
• Shares owned after transaction: Not specified in the reported Form 4.
• Filing timeliness: Report filed Apr 17, 2026; filings appear timely under Form 4 reporting rules.

Context
This was an option exercise with a cashless/net component: shares were withheld to cover costs and taxes and the remainder sold in the open market under a pre-established 10b5-1 plan. Such transactions are common for executives exercising vested options and do not, by themselves, indicate a change in personal view on the company’s prospects.