4Filed Jul 13, 8:00 PM ET
Regional Management (RM) CAO Steven Barnette Sells 3,274 Shares
$RM · Regional Management Corp.Research Summary
AI-generated summary of this SEC filing
Regional Management (RM) CAO Steven Barnette Sells 3,274 Shares
What Happened
Steven B. Barnette, Vice President and Chief Accounting Officer of Regional Management Corp. (RM), sold 3,274 shares on July 10, 2026. The shares were sold at a weighted average price of $43.30 for gross proceeds of approximately $141,764. The sale was executed as an open-market sale pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: July 10, 2026
- Transaction type: Sale (open market) of 3,274 shares
- Price: Weighted average $43.30; trades ranged $43.02–$43.49 (multiple transactions)
- Proceeds: Approximately $141,764 (gross)
- Shares owned after transaction: Not specified in the supplied summary (see the filed Form 4 for current holdings)
- Footnotes of note:
- F1: Sale was effected under a Rule 10b5-1 plan adopted Dec 1, 2025.
- F2: Reported price is a weighted average; full transaction-level detail is available on request per the filer.
- Filing date: July 14, 2026 — appears timely (filed within the two business-day Form 4 window following the July 10 transaction).
Context
A Rule 10b5-1 plan allows insiders to sell pre-arranged amounts on set terms and is commonly used to avoid trading on the basis of material nonpublic information. Sales are often routine and do not necessarily indicate management sentiment; purchases are typically more informative about insider confidence in the stock.