[Form 4] AMERICAS CARMART INC Insider Trading Activity

Rhea-AI Filing Summary

AMERICAS CARMART INC (CRMT) Form 4: The company's Chief Operating Officer, Jamie Fischer, was awarded 6,211 shares of restricted common stock and options to purchase 12,005 shares on September 17, 2025. The restricted shares vest in three equal annual installments beginning September 17, 2026. The stock options have an exercise price of $32.20, vest in five equal annual installments beginning September 17, 2026, and expire on September 17, 2035. Following the grants, Fischer beneficially owns 15,116 common shares and 12,005 options, all reported as direct ownership.

Insights

Financial Analyst

TL;DR: Executive equity awards granted to the COO on September 17, 2025, combining restricted stock and long-dated options.

The package grants 6,211 restricted shares that vest over three years and 12,005 options exercisable at $32.20 that vest over five years, expiring in 2035. This structure ties compensation to multi-year performance and retention. The immediate reporting shows direct beneficial ownership of 15,116 shares and 12,005 options. No cash transactions or dispositions were reported. Impact on outstanding share count or dilution is not stated in this filing.

Corporate Governance Expert

TL;DR: Standard incentive grants to an officer with staged vesting and long option term; disclosure appears complete.

The restricted stock vests in three equal annual installments beginning one year after grant, while options vest in five equal annual installments beginning the same date, consistent with typical retention-focused packages. The option exercise price is disclosed at $32.20 and the expiration date is provided. The report is filed individually by the reporting person and signed under power of attorney. The filing contains no additional governance-related actions or departures.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fischer Jamie

(Last) (First) (Middle)

C/O AMERICA'S CAR-MART, INC.

1805 NORTH 2ND STREET, SUITE 401

(Street)

ROGERS AR 72756

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAS CARMART INC [ CRMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2025		A		6,211(1)	A	$0	15,116	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$32.2	09/17/2025		A		12,005		(2)	09/17/2035	Common Stock	12,005	$0	12,005	D

Explanation of Responses:

1. Represents an award of restricted stock which will vest in three equal annual installments beginning on September 17, 2026.

2. Represents an award of stock options which will vest in five equal annual installments beginning on September 17, 2026.

	/s/ Courtney C. Crouch, III, Pursuant to a Power of Attorney	09/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Jamie Fischer (CRMT) receive on September 17, 2025?

Jamie Fischer received 6,211 restricted shares and options to buy 12,005 shares on September 17, 2025.

When do the restricted shares and options vest for the CRMT COO?

Restricted shares vest in three equal annual installments beginning September 17, 2026; options vest in five equal annual installments beginning September 17, 2026.

What is the exercise price and expiration of the stock options reported?

The reported options have an exercise price of $32.20 and an expiration date of September 17, 2035.

How many shares does the reporting person beneficially own after the grants?

Following the reported transactions, the filing shows 15,116 common shares beneficially owned and 12,005 options.