STOCK TITAN

World Acceptance (WRLD) officer sells 1,000 shares at $181.66 average price

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

WORLD ACCEPTANCE CORP officer Luke J. Umstetter reported an open-market sale of 1,000 shares of common stock on June 12, 2026 at a weighted average price of $181.66 per share. After this transaction, he directly owns 28,245 shares.

The shares were sold in multiple trades at prices ranging from $181.61 to $181.76, according to the disclosure.

Positive

  • None.

Negative

  • None.
Insider Umstetter Luke J.
Role See remarks
Sold 1,000 shs ($182K)
Type Security Shares Price Value
Sale COMMON STOCK, NO PAR VALUE 1,000 $181.66 $182K
Holdings After Transaction: COMMON STOCK, NO PAR VALUE — 28,245 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,000 shares Open-market sale on June 12, 2026
Weighted average sale price $181.66/share Common stock, no par value
Post-transaction holdings 28,245 shares Direct ownership after sale
Sale price range $181.61–$181.76/share Multiple transactions on trade date
open-market sale financial
"described as an open-market sale of 1,000 shares of common stock"
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.
weighted average sale price financial
"The price is the weighted average sale price of the aggregate number of shares"
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"disclosed in a Form 4 insider trading report"
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.
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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*
Umstetter Luke J.

(Last)(First)(Middle)
104 S MAIN ST
SUITE 400

(Street)
GREENVILLE SOUTH CAROLINA 29601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WORLD ACCEPTANCE CORP [ WRLD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
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 STOCK, NO PAR VALUE06/12/2026S1,000D$181.66(1)28,245D
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. The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $181.61 to $181.76. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Remarks:
Senior Vice President, General Counsel, Chief Compliance Officer and Secretary
/s/Bert De Los Santos Attorney-in-fact06/15/2026
** 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 WORLD ACCEPTANCE CORP (WRLD) report for Luke J. Umstetter?

WORLD ACCEPTANCE CORP reported that officer Luke J. Umstetter sold 1,000 shares of common stock in an open-market transaction. The sale occurred on June 12, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.

At what prices did Luke J. Umstetter sell WRLD shares in this Form 4 filing?

The reported 1,000 WRLD shares were sold at a weighted average price of $181.66 per share. Footnotes state the trades occurred in multiple transactions at prices ranging from $181.61 to $181.76 during the same trading day.

How many WORLD ACCEPTANCE CORP (WRLD) shares does Luke J. Umstetter hold after the reported sale?

After selling 1,000 shares, Luke J. Umstetter directly holds 28,245 WRLD common shares. This post-transaction balance is disclosed in the Form 4 and reflects his remaining direct ownership position following the open-market sale.

Was the WRLD insider transaction by Luke J. Umstetter a purchase or a sale?

The transaction was a sale. The Form 4 lists transaction code “S” and describes it as an open-market sale of 1,000 shares of WORLD ACCEPTANCE CORP common stock, with no corresponding insider share purchases reported for the same date.

Did the WRLD Form 4 indicate multiple trades for Luke J. Umstetter’s sale?

Yes. The filing explains that the 1,000 shares were sold in multiple transactions. It notes a weighted average sale price of $181.66, with individual trade prices ranging between $181.61 and $181.76 for the reported open-market sale.