Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Regional Management Corp. (RM) is the issuer in a report where Forager Fund, L.P., its general partner Forager Capital Management, LLC, and reporting persons Edward Kissel and Robert MacArthur disclose 753,636 shares of common stock beneficially owned in aggregate. The position represented 8.4% of the class, based on 8,947,424 shares outstanding as of October 27, 2026.
Key Figures
Beneficial ownership:753,636 sharesPercent of class:8.4%Shares outstanding:8,947,424 shares
3 metrics
Beneficial ownership753,636 sharesReported in aggregate by the reporting persons
Percent of class8.4%Reported ownership percentage
Shares outstanding8,947,424 sharesAs of October 27, 2026; basis for the reported ownership percentage
Key Terms
beneficially own, sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of
4 terms
beneficially ownregulatory
"beneficially own 753,636 shares of common stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
sole power to vote or to direct the voteregulatory
"Sole power to vote or to direct the vote"
shared power to vote or to direct the voteregulatory
"Shared power to vote or to direct the vote"
sole power to dispose or to direct the disposition ofregulatory
"Sole power to dispose or to direct the disposition of"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RM shares do the reporting persons beneficially own?
The reporting persons beneficially own 753,636 shares of RM common stock in aggregate, equal to 8.4% of the class. The percentage is based on 8,947,424 shares outstanding as of October 27, 2026.
Who has voting and disposition authority over the reported RM shares?
Forager Fund, L.P. and Forager Capital Management, LLC each reported sole voting and disposition power over 753,636 shares. Edward Kissel and Robert MacArthur each reported shared voting and disposition power over the same share count.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
Regional Management Corp.
(Name of Issuer)
Common Stock, $0.10 par value
(Title of Class of Securities)
75902K106
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
75902K106
1
Names of Reporting Persons
Forager Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
753,636.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
753,636.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
753,636.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.4 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
75902K106
1
Names of Reporting Persons
Forager Fund, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
753,636.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
753,636.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
753,636.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.4 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
75902K106
1
Names of Reporting Persons
Kissel Edward Urban
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
753,636.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
753,636.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
753,636.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.4 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
75902K106
1
Names of Reporting Persons
MacArthur Robert Symmes
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
753,636.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
753,636.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
753,636.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.4 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Regional Management Corp.
(b)
Address of issuer's principal executive offices:
979 Batesville Road, Suite B, Greer, SC 29651
Item 2.
(a)
Name of person filing:
This amended joint statement on Schedule 13G is being filed by Forager Fund, L.P., a Delaware limited partnership (the "Fund"), Forager Capital Management, LLC, a Delaware limited liability company and the general partner of the Fund (the "General Partner"), Edward Kissel and Robert MacArthur (collectively, the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The business address of each of the Reporting Persons is 2025 3rd Ave. N, Suite 350, Birmingham, AL 35203.
(c)
Citizenship:
The Fund is a Delaware limited partnership. The General Partner is a Delaware limited liability company. Each of Messrs. Kissel and MacArthur is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, $0.10 par value
(e)
CUSIP No.:
75902K106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The Reporting Persons, in the aggregate, beneficially own 753,636 shares of common stock, $0.10 par value per share, of the Issuer ("Common Stock").
(b)
Percent of class:
8.4%. The percentages of beneficial ownership reported herein, and on each Reporting Person's cover page to this Schedule 13G, are based on a total of 8,947,424 shares of Common Stock issued and outstanding as of October 27, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for its fiscal quarter ended September 30, 2026, filed with the Securities and Exchange Commission on October 30, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Each of the Fund and the General Partner has the sole power to vote or to direct the vote of 753,636 shares of Common Stock. Each of Messrs. Kissel and MacArthur has the sole power to vote or to direct the vote of 0 shares of Common Stock.
(ii) Shared power to vote or to direct the vote:
Each of the Fund and the General Partner has the shared power to vote or to direct the vote of 0 shares of Common Stock. Each of Messrs. Kissel and MacArthur has the shared power to vote or to direct the vote of 753,636 shares of Common Stock.
(iii) Sole power to dispose or to direct the disposition of:
Each of the Fund and the General Partner has the sole power to dispose or to direct the disposition of 753,636 shares of Common Stock. Each of Messrs. Kissel and MacArthur has the sole power to dispose or to direct the disposition of 0 shares of Common Stock.
(iv) Shared power to dispose or to direct the disposition of:
Each of the Fund and the General Partner has the shared power to dispose or to direct the disposition of 0 shares of Common Stock. Each of Messrs. Kissel and MacArthur has the shared power to dispose or to direct the disposition of 753,636 shares of Common Stock.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Forager Capital Management, LLC
Signature:
/s/ Robert MacArthur
Name/Title:
Robert MacArthur / Managing Partner
Date:
11/04/2026
Forager Fund, L.P.
Signature:
/s/ Robert MacArthur
Name/Title:
Robert MacArthur / Managing Partner of the Sole General Partner
Date:
11/04/2026
Kissel Edward Urban
Signature:
/s/ Edward Kissel
Name/Title:
Edward Kissel
Date:
11/04/2026
MacArthur Robert Symmes
Signature:
/s/ Robert MacArthur
Name/Title:
Robert MacArthur
Date:
11/04/2026
Exhibit Information
Exhibit 99.1 - Joint Filing Agreement, dated January 10, 2023, by and among the reporting persons, incorporated herein by reference to Exhibit 1 of the Schedule 13G filed by the reporting persons with the Securities and Exchange Commission on January 10, 2023
(https://www.sec.gov/Archives/edgar/data/1519401/000165495423000260/rmc_sc13g.htm)
Exhibit 99.2 - Confirming Statement, dated January 10, 2024, by Edward Kissel, incorporated herein by reference to Exhibit 2 of the Schedule 13G filed by the reporting persons with the Securities and Exchange Commission on January 10, 2023 (https://www.sec.gov/Archives/edgar/data/1519401/000165495423000260/rmc_sc13g.htm)
Exhibit 99.3 - Confirming Statement, dated January 10, 2024, by Robert MacArthur, incorporated herein by reference to Exhibit 3 of the Schedule 13G filed by the reporting persons with the Securities and Exchange Commission on January 10, 2023 (https://www.sec.gov/Archives/edgar/data/1519401/000165495423000260/rmc_sc13g.htm)
