World Acceptance (WRLD) officer sells 1,000 shares at $181.66 average price
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1,000 shares ($181,660)
Net Sell
1 txn
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)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Weighted average sale price: $181.66/share
Post-transaction holdings: 28,245 shares
+1 more
4 metrics
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
Key Terms
open-market sale, weighted average sale price, non-derivative, Form 4
4 terms
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.
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.
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.