STOCK TITAN

Regional Management (NYSE: RM) EVP granted 10,695 performance-based shares in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Regional Management Corp. executive Manish Parmar received an equity award tied to prior performance. He acquired 10,695 shares of common stock at no cash cost, following certification of performance results for a period that ended June 14, 2026. These shares arise from a Performance Restricted Stock Unit granted on June 14, 2023 and will settle on December 31, 2026 under the award agreement. After this award, Parmar directly holds 71,847 shares of Regional Management Corp. common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine performance-based share award to RM executive, no cash transaction.

EVP and Chief Credit Risk Officer Manish Parmar received 10,695 shares of Regional Management Corp. common stock through a Performance Restricted Stock Unit award. The award was granted on June 14, 2023 and is tied to a performance period ending June 14, 2026.

The Human Resources and Compensation Committee certified the level of achievement on July 2, 2026, triggering the share award. The shares will settle on December 31, 2026 under the agreement, indicating this is compensation-related rather than an open-market trade.

Following this grant, Parmar holds 71,847 shares directly. The transaction does not involve buying or selling in the market and typically represents standard long-term incentive compensation, so its direct signaling value for investors is limited.

Insider Parmar Manish
Role EVP, Chief Credit Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 10,695 $0.00 --
Holdings After Transaction: Common Stock — 71,847 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 10,695 shares Performance Restricted Stock Unit award certified July 2, 2026
Holdings after transaction 71,847 shares Common stock directly owned after grant
Grant price per share $0.0000 per share Equity compensation, no cash consideration in this filing
Grant date of PRSU June 14, 2023 Original Performance Restricted Stock Unit grant date
Performance period end June 14, 2026 End of performance period for the PRSU
Settlement date December 31, 2026 Scheduled settlement of awarded shares
Performance Restricted Stock Unit financial
"These shares represent a Performance Restricted Stock Unit granted on June 14, 2023."
Human Resources and Compensation Committee financial
"the Human Resources and Compensation Committee of the Company's Board of Directors certified the level of achievement"
A board-level committee that oversees a company’s pay and personnel policies, including executive compensation, employee benefits, hiring, leadership development and succession planning. It matters to investors because the committee shapes incentives, labor costs and management continuity—factors that affect performance, risk and shareholder value—like a coach setting rules and pay that influence how a team performs.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Parmar Manish

(Last)(First)(Middle)
C/O REGIONAL MANAGEMENT CORP.
979 BATESVILLE ROAD, SUITE B

(Street)
GREER SOUTH CAROLINA 29651

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Regional Management Corp. [ RM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Credit Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/02/2026A10,695(1)A$071,847D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares represent a Performance Restricted Stock Unit granted on June 14, 2023. On July 2, 2026, the Human Resources and Compensation Committee of the Company's Board of Directors certified the level of achievement for the performance period ended June 14, 2026. The shares will settle on December 31, 2026 pursuant to the terms of the award agreement.
/s/ Catherine R. Atwood, attorney-in-fact07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Regional Management Corp. (RM) report for Manish Parmar?

Regional Management Corp. reported that EVP and Chief Credit Risk Officer Manish Parmar acquired 10,695 shares of common stock. The shares were received as a performance-based equity award, not purchased in the open market, and will settle on December 31, 2026.

Was the Regional Management Corp. (RM) insider transaction a market purchase or sale?

The transaction was not a market purchase or sale. It is coded as a grant or award (code A), meaning Parmar received 10,695 shares as compensation following certified performance results, with no cash price per share reported in this filing.

How many Regional Management Corp. (RM) shares does Manish Parmar hold after this award?

After the award, Manish Parmar directly holds 71,847 shares of Regional Management Corp. common stock. This figure includes the 10,695 shares tied to the Performance Restricted Stock Unit that were credited following certification of the performance period’s results.

What performance period applies to the Performance Restricted Stock Unit for RM’s Manish Parmar?

The Performance Restricted Stock Unit was granted on June 14, 2023 and covers a performance period that ended on June 14, 2026. On July 2, 2026, the compensation committee certified the performance level, resulting in the 10,695-share award.

When will the performance-based shares for Regional Management Corp. (RM) executive Manish Parmar settle?

The shares linked to the Performance Restricted Stock Unit are scheduled to settle on December 31, 2026. Settlement means the awarded shares will be delivered according to the award agreement, following the committee’s certification of the performance results for the covered period.