World Acceptance insider filing: 32.6k-share partner distribution by Prescott

Rhea-AI Filing Summary

World Acceptance Corp. (WRLD) – Form 4 insider transaction filed 07 July 2025

Prescott General Partners LLC ("PGP"), a 10% beneficial owner of WRLD, reported a Code J transaction dated 02 July 2025. Code J denotes “other” transfers; in this case the filing clarifies that 32,649 common shares were distributed in-kind to a withdrawing limited partner of Prescott Associates L.P.

• Shares involved: 32,649 common shares, marked “D” (disposed).
• Reference price: $165.12 per share (informational only; no open-market sale is indicated).
• Value of distribution: ≈ $5.4 million.
• Remaining indirect holdings: 1,212,367 shares via Prescott Associates L.P.; 53,373 shares via Prescott International Partners L.P.; 576,394 shares via Idoya Partners L.P. – a combined 1,842,134 shares after the transaction.

The distribution modestly reduces Prescott Associates’ stake by roughly 2.6% yet PGP remains a >10% holder. Because the transfer was internal (to a partner) rather than an open-market disposition, it does not necessarily signal a change in investment thesis, but investors may watch for further reductions that could affect float or insider sentiment.

Positive

• PGP retains a substantial 1.8 million-share position, affirming continued >10% ownership in WRLD.

Negative

• 32,649 shares (≈ $5.4 million) were distributed out of Prescott Associates, representing a 2.6% reduction in that fund’s stake and a slight dilution of concentrated insider ownership.

Insights

Securities Analyst

TL;DR: Limited-partner distribution lowers Prescott stake by 32.6k shares but firm retains major position; impact is neutral.

The filing shows a small, non-market reduction in Prescott General Partners’ indirect ownership. At ≈ $5 million, the transfer is immaterial relative to WRLD’s market cap and PGP’s 1.8 million-share holding. Because the code J distribution satisfies a partner withdrawal, it does not reflect an active sale decision. PGP remains a >10% owner, so no Section 16 exit signal arises. From a liquidity standpoint the shares could eventually reach the public market if the partner sells, but immediate pressure is limited. Overall, I view the disclosure as neutral for valuation and sentiment.

SEC Form 4

FORM 4

UNITED 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

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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^*

Prescott General Partners LLC

(Last) (First) (Middle)

2200 BUTTS ROAD

SUITE 320

(Street)

BOCA RATON FL 33431

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WORLD ACCEPTANCE CORP [ WRLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of Section 13(d) Group

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/02/2025		J(1)		32,649	D	$165.12	1,212,367	I	By Prescott Associates L.P.(2)
Common Stock								53,373	I	By Prescott International Partners L.P.(3)
Common Stock								576,394	I	By Idoya Partners L.P.(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were distributed in kind to a limited partner of Prescott Associates L.P. ("Prescott Associates"), a private investment limited partnership, in partial satisfaction of a withdrawal request by the limited partner. Prescott General Partners LLC ("PGP"), a Delaware limited liability company, is the general partner of Prescott Associates.

2. These shares are owned directly by Prescott Associates and are beneficially owned indirectly by PGP, as general partner of Prescott Associates. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Prescott Associates is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

3. These shares are owned directly by Prescott International Partners L.P. ("PIP"), a private investment limited partnership, and are beneficially owned indirectly by PGP, as general partner of PIP. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for PIP is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

4. These shares are owned directly by Idoya Partners L.P. ("Idoya"), a private investment limited partnership, and are beneficially owned indirectly by PGP, as general partner of Idoya. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Idoya is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

Remarks:

The filing of this report shall not be deemed to be an admission that the Reporting Person is a member of a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The Reporting Person disclaims beneficial ownership of the shares included in this report except to the extent of its pecuniary interest in such shares.

	/s/ Scott J. Vassalluzzo, Managing Member, Prescott General Partners LLC	07/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many World Acceptance (WRLD) shares did Prescott General Partners distribute?

PGP reported an in-kind distribution of 32,649 common shares on 02 July 2025.

What was the reported price for the distributed WRLD shares?

The filing lists a reference price of $165.12 per share; no open-market sale occurred.

Does Prescott General Partners still own more than 10% of WRLD after this transaction?

Yes. PGP’s indirect holdings total approximately 1.84 million shares, keeping it above the 10% threshold.

Why was the transaction coded "J" on the Form 4?

Code J indicates an "other" transfer type. The footnotes explain it was an in-kind distribution to a withdrawing limited partner.

What is the impact of this insider transaction on WRLD shareholders?

The transaction is largely neutral as it was not an open-market sale; PGP’s overall stake remains significant.