Regional Management (RM) officer sells 1,600 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Regional Management Corp. Vice President and Chief Accounting Officer Steven B. Barnette reported an open-market sale of 1,600 shares of common stock. The shares were sold on July 1, 2026 at a weighted average price of $42.04 per share, in multiple trades between $42.00 and $42.21. After this transaction, he directly holds 16,746 shares of Regional Management common stock. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 1, 2025, indicating the trades were scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($67,264)
Net Sell
1 txn
Insider
Barnette Steven B
Role
VP, Chief Accounting Officer
Sold
1,600 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,600 | $42.04 | $67K |
Holdings After Transaction:
Common Stock — 16,746 shares (Direct, null)
Footnotes (1)
- The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.00 to $42.21 inclusive. The reporting person undertakes to provide to Regional Management Corp., any security holder of Regional Management Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold and the price at which such shares were sold.
Key Figures
Shares sold: 1,600 shares
Weighted average sale price: $42.04 per share
Post-transaction holdings: 16,746 shares
+2 more
5 metrics
Shares sold
1,600 shares
Open-market sale of common stock on July 1, 2026
Weighted average sale price
$42.04 per share
Common stock sold in multiple transactions
Post-transaction holdings
16,746 shares
Directly held Regional Management common stock after sale
Price range of trades
$42.00–$42.21 per share
Range for multiple sale transactions included in Form 4
Net buy/sell shares
1,600 shares net sold
Form 4 transaction summary shows net-sell direction
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, transaction code "S"
4 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" regulatory
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did Regional Management (RM) report for Steven B. Barnette?
Regional Management reported that Steven B. Barnette, its Vice President and Chief Accounting Officer, sold 1,600 shares of common stock. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 1, 2025.
Was Steven B. Barnette’s Regional Management (RM) stock sale part of a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Steven B. Barnette on December 1, 2025. Such plans pre-schedule trades, indicating the timing of this 1,600-share sale was determined in advance rather than decided spontaneously.
What does the weighted average price mean in Steven B. Barnette’s RM stock sale?
The weighted average price of $42.04 reflects multiple trade executions between $42.00 and $42.21, combined into a single average figure. The filing notes that detailed information on each trade’s exact share count and price is available from Regional Management, security holders, or SEC staff upon request.
What type of insider transaction was reported in this Regional Management (RM) Form 4?
The Form 4 reports a non-derivative open-market sale of common stock by Steven B. Barnette. It is classified with transaction code “S,” described as a sale in an open market or private transaction, and involves directly held shares rather than options or other derivatives.