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World Acceptance (NASDAQ: WRLD) CEO uses 8,277 shares to pay taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WORLD ACCEPTANCE CORP President and CEO Chad R. Prashad reported a tax-withholding disposition of company shares. On the reported date, 8,277 shares of common stock were withheld at $148.80 per share to cover a tax liability, rather than being sold on the open market.

After this withholding, he directly holds 53,779 shares of WORLD ACCEPTANCE CORP common stock and has indirect ownership of 5,513 shares held by his spouse.

Positive

  • None.

Negative

  • None.
Insider Prashad R Chad
Role President and CEO
Type Security Shares Price Value
Tax Withholding COMMON STOCK, NO PAR VALUE 8,277 $148.80 $1.23M
holding COMMON STOCK, NO PAR VALUE -- -- --
Holdings After Transaction: COMMON STOCK, NO PAR VALUE — 53,779 shares (Direct); COMMON STOCK, NO PAR VALUE — 5,513 shares (Indirect, By Spouse)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 8,277 shares Shares withheld to cover tax liability at $148.80 per share
Withholding price $148.80 per share Value used for 8,277-share tax-withholding disposition
Direct holdings after transaction 53,779 shares Chad R. Prashad direct WRLD common stock position post-withholding
Indirect holdings by spouse 5,513 shares WRLD common shares reported as indirectly owned "By Spouse"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of tax liability by withholding securities financial
"footnote": {"_": "Payment of tax liability by withholding securities.""
indirect financial
""transaction_type": "holding" ... "ownership_type": "indirect""
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
X
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*
Prashad R Chad

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
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 VALUE04/10/2026F8,277(1)D$148.853,779D
COMMON STOCK, NO PAR VALUE5,513IBy Spouse
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. Payment of tax liability by withholding securities.
Remarks:
/s/Bert De Los Santos Attorney-in-fact04/14/2026
** 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 did WRLD CEO Chad R. Prashad report in this Form 4?

Chad R. Prashad reported that shares were withheld to cover a tax liability, known as a tax-withholding disposition. This means the company retained shares instead of paying cash for taxes tied to his equity compensation.

How many WORLD ACCEPTANCE (WRLD) shares were withheld for taxes?

A total of 8,277 WORLD ACCEPTANCE CORP common shares were withheld at $148.80 per share. This transaction settled a tax liability and was not an open-market sale of stock to outside investors.

How many WRLD shares does Chad R. Prashad hold after this transaction?

Following the tax-withholding transaction, Chad R. Prashad directly holds 53,779 WORLD ACCEPTANCE CORP common shares. This figure reflects his remaining direct ownership position after the 8,277 shares were withheld for taxes.

What is the indirect WRLD shareholding reported for Chad R. Prashad?

The filing reports 5,513 WORLD ACCEPTANCE CORP shares as indirectly owned "By Spouse." This indicates an additional position associated with Prashad through his spouse, separate from the 53,779 shares he holds directly.

Was this WRLD Form 4 transaction an open-market sale of shares?

No, the transaction is coded as a tax-withholding disposition, not an open-market sale. Shares were withheld to pay a tax liability linked to equity compensation, so they did not trade on the public market.