Umstetter Luke J. 4
Research Summary
AI-generated summary
World Acceptance (WRLD) SVP Luke Umstetter Sells 1,000 Shares
What Happened
- Luke J. Umstetter, Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of World Acceptance Corp (WRLD), sold 1,000 shares in an open-market sale on June 12, 2026.
- The weighted-average sale price was $181.66 per share, resulting in gross proceeds of $181,660. The filing reports the aggregate sale; individual trades ranged from $181.61 to $181.76.
Key Details
- Transaction date: 2026-06-12 (reported on Form 4 filed 2026-06-15).
- Price: weighted average $181.66; per-share sales ranged $181.61–$181.76 (see footnote offering per-price breakdown on request).
- Shares disposed: 1,000 (sale, code "S" — open market).
- Shares owned after transaction: Not specified in this filing.
- Footnote: F1 explains the reported price is a weighted average and the seller can provide the number of shares sold at each separate price if requested.
- Filing timeliness: Form 4 was filed on 2026-06-15, within the SEC’s required reporting window.
Context
- This was a straight open-market sale (not an option exercise, gift, or award). Sales by executives can be routine (e.g., diversification, tax needs) and do not by themselves prove a change in company outlook.