Regional Management (RM) exec sells 1,600 shares at $40
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Regional Management Corp. vice president and chief accounting officer Steven B. Barnette completed an open-market sale of 1,600 shares of common stock at $40.00 per share. After this transaction, he directly holds 18,346 shares of Regional Management common stock. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Barnette on December 1, 2025, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($64,000)
Net Sell
1 txn
Insider
Barnette Steven B
Role
VP, Chief Accounting Officer
Sold
1,600 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,600 | $40.00 | $64K |
Holdings After Transaction:
Common Stock — 18,346 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,600 shares
Sale price: $40.00 per share
Shares held after transaction: 18,346 shares
+1 more
4 metrics
Shares sold
1,600 shares
Open-market sale of common stock on April 17, 2026
Sale price
$40.00 per share
Price for the 1,600 common shares sold
Shares held after transaction
18,346 shares
Direct ownership after reported sale
Net buy/sell direction
net-sell of 1,600 shares
TransactionSummary shows netSellShares of 1,600
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
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"
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.
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
What insider transaction did Regional Management Corp. (RM) report?
Regional Management Corp. reported that executive Steven B. Barnette sold 1,600 shares of common stock in an open-market transaction at $40.00 per share. This filing documents the trade’s size, price, and resulting ownership position for transparency.
Who is Steven B. Barnette in relation to Regional Management Corp. (RM)?
Steven B. Barnette is a vice president and the chief accounting officer of Regional Management Corp. As a senior officer, his share transactions must be reported on Form 4, providing investors visibility into changes in his equity holdings.
Was the Regional Management (RM) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Steven B. Barnette on December 1, 2025. Such plans pre-schedule transactions, reducing the significance of trade timing as an indicator of insider sentiment.