Fund tied to Americas CarMart (CRMT) distributes 132,815 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas CarMart major holder restructures its position through an in-kind distribution. Magnolia Capital Fund, LP distributed 132,815 shares of Americas CarMart common stock to withdrawing limited partners on April 20, 2026, in satisfaction of withdrawal requests, at a reported price of $0.00 per share.
After this distribution, Magnolia Capital Fund reports holding 1,127,875 shares of common stock. The Magnolia Group, LLC, as general partner and investment manager of the fund, and Adam K. Peterson, as managing member of The Magnolia Group, may be deemed to share indirect beneficial ownership of these shares but each disclaims beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peterson Adam K, MAGNOLIA CAPITAL FUND, LP, MAGNOLIA GROUP, LLC
Role
null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 132,815 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,127,875 shares (Direct, null)
Footnotes (1)
- The reported shares are directly owned by Magnolia Capital Fund, LP ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr.Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. In satisfaction of certain withdrawal requests, MCF distributed in-kind a total of 132,815 shares of the Issuer's Common Stock to the withdrawing limited partners on April 20, 2026. As a result of the distribution, MCF is no longer deemed beneficial owner of such distributed shares and, accordingly, the number of shares reported by MCF decreased by 132,815 (with a corresponding decrease in the number of shares beneficially owned by TMG, as the general partner of MCF, and Mr. Peterson, as the managing member of TMG).
Key Figures
In-kind distribution: 132,815 shares
Shares after transaction: 1,127,875 shares
Reported price per share: $0.00 per share
+2 more
5 metrics
In-kind distribution
132,815 shares
Distributed to withdrawing limited partners on April 20, 2026
Shares after transaction
1,127,875 shares
Magnolia Capital Fund holdings following distribution
Reported price per share
$0.00 per share
Transaction reporting value for distributed shares
Restructuring shares
132,815 shares
TransactionSummary restructuringShares for code J
Transaction date
April 20, 2026
Date of in-kind distribution
Key Terms
in-kind, beneficial ownership, pecuniary interests, limited partners, +1 more
5 terms
in-kind financial
"distributed in-kind a total of 132,815 shares of the Issuer's Common Stock"
beneficial ownership regulatory
"could both be deemed to share indirect beneficial ownership of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests financial
"disclaim beneficial ownership except to the extent of their respective pecuniary interests therein"
limited partners financial
"distributed in-kind a total of 132,815 shares ... to the withdrawing limited partners"
Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.
Section 16 regulatory
"beneficial ownership of these securities for Section 16 or for any other purposes"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Magnolia Capital Fund report in this Form 4 for Americas CarMart (CRMT)?
Magnolia Capital Fund reported an in-kind distribution of 132,815 shares of Americas CarMart common stock to withdrawing limited partners. This reduced the number of shares it is deemed to beneficially own while not reflecting an open-market sale.
How does the Form 4 describe beneficial ownership for Magnolia Group and Adam K. Peterson in CRMT?
The Form 4 states that The Magnolia Group, LLC and Adam K. Peterson could be deemed to share indirect beneficial ownership of the shares. However, both expressly disclaim beneficial ownership except to the extent of their respective pecuniary interests.
What type of transaction is reported for Americas CarMart (CRMT) in this Form 4?
The Form 4 uses transaction code "J", described as an "other" acquisition or disposition. Footnotes clarify this reflects an in-kind distribution of shares to withdrawing limited partners, categorized as an entity-level restructuring rather than a market trade.