[Form 4] REGIONAL MANAGEMENT CORP Insider Trading Activity

Rhea-AI Filing Summary

Manish Parmar, Executive Vice President and Chief Credit Risk Officer of Regional Management Corp. (RM), reported option exercises and subsequent share dispositions. On 08/29/2025 he exercised employee stock options resulting in the acquisition of 5,000 shares at an exercise price tied to $29.18 per share, increasing his direct beneficial ownership to 63,967 shares. As part of the same exercise, 3,736 shares were withheld by the issuer to cover exercise and tax-withholding obligations (a non-market "net exercise" reported at $43.84). On 09/02/2025 he sold 1,264 shares at $43.89, leaving 58,967 shares directly owned. The reporting attorney-in-fact signed the Form 4 on 09/03/2025.

Positive

• Options fully vested (vested in three equal installments through 2022), enabling lawful exercise
• Clear disclosure of exercise, withholding, and sale with prices and dates provided

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider exercised vested options, withheld shares for taxes, and sold a small block; net direct holdings remain material but unchanged by policy.

The filing documents a routine, non-market net exercise of vested employee stock options and a subsequent small open-market sale. The net exercise increased direct share count before withholding, then tax/withholding reduced issued shares by 3,736, and a later sale of 1,264 shares reduced direct holdings to 58,967. These are customary actions following vesting and exercise; no new grants, special transactions, or unusual volumes relative to the reported individual position are disclosed.

Corporate Governance Expert

TL;DR: This is a standard Form 4 reporting of option exercise and related withholding, with no governance concerns evident from the data.

The options exercised had previously vested in equal installments through 2022 and are fully exercisable. The issuer withheld shares to satisfy exercise price and tax liabilities (non-market), a common administrative practice. The subsequent small sale is reported with price and date. There is no indication of extraordinary insider activity, change in role, or related-party transaction in this filing.

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

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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^*

Parmar Manish

(Last) (First) (Middle)

C/O REGIONAL MANAGEMENT CORP.

979 BATESVILLE ROAD, SUITE B

(Street)

GREER SC 29651

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Regional Management Corp. [ RM ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Credit Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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	08/29/2025		M		5,000	A	$29.18	63,967	D
Common Stock	08/29/2025		F		3,736(1)	D	$43.84(2)	60,231	D
Common Stock	09/02/2025		S		1,264	D	$43.89	58,967	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)	$29.18	08/29/2025		M			5,000	(3)	01/06/2030	Common Stock	5,000	$0	5,442	D

Explanation of Responses:

1. Represents a "net exercise" of outstanding stock options. These shares were withheld by the issuer (1) for the payment of the exercise price based on the market price of the issuer's common stock at the time of the option exercise on August 29, 2025; and (2) in satisfaction of tax withholding obligations upon the exercise of the stock options. These are non-market transactions.

2. Represents the closing market price of the issuer's common stock at the time of the option exercise on August 29, 2025.

3. The options vested and became exercisable in three equal installments on each of December 31, 2020, December 31, 2021, and December 31, 2022. The options are now fully exercisable.

	/s/ Catherine R. Atwood, attorney-in-fact	09/03/2025
	** 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.
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FAQ

What did RM insider Manish Parmar do according to this Form 4?

He exercised 5,000 employee stock options on 08/29/2025, had 3,736 shares withheld for payment and taxes, and sold 1,264 shares on 09/02/2025.

How many shares does Manish Parmar beneficially own after these transactions?

The filing reports 58,967 shares directly beneficially owned following the transactions.

At what prices were the transactions reported?

The option exercise is shown with an exercise price reference of $29.18; withheld shares are reported at $43.84 (closing price at exercise time) and the sale on 09/02/2025 at $43.89.

Were the withheld shares a market transaction?

No. The filing states the withholding of 3,736 shares was a non-market transaction to cover exercise price and tax obligations.

Are the exercised options still outstanding?

The filing shows 5,000 underlying shares from exercised options and lists 5,442 derivative securities beneficially owned following the transaction, indicating previously granted options status as reported.