World Acceptance (WRLD) director sells $28.8K in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORLD ACCEPTANCE CORP director Benjamin E. Robinson III completed an open-market sale of 180 shares of the company’s common stock at $160.00 per share, for proceeds of about $28,800. After this transaction, he directly holds 4,926 shares, so the sale represents a small portion of his stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 180 shares ($28,800)
Net Sell
1 txn
Insider
Robinson Benjamin E III
Role
null
Sold
180 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK, NO PAR VALUE | 180 | $160.00 | $29K |
Holdings After Transaction:
COMMON STOCK, NO PAR VALUE — 4,926 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 180 shares
Sale price: $160.00 per share
Approximate sale value: $28,800
+2 more
5 metrics
Shares sold
180 shares
Open-market sale of common stock
Sale price
$160.00 per share
Price for the 180 shares sold
Approximate sale value
$28,800
180 shares × $160.00 per share
Shares owned after sale
4,926 shares
Direct holdings following transaction
Net share change
-180 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, COMMON STOCK, NO PAR VALUE, Form 4, beneficial ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale""
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.
COMMON STOCK, NO PAR VALUE financial
"security_title: "COMMON STOCK, NO PAR VALUE""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
beneficial ownership financial
"transactionSummary and holdings reflect beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did WRLD director Benjamin E. Robinson III report?
Benjamin E. Robinson III reported an open-market sale of 180 shares of WORLD ACCEPTANCE CORP common stock. The shares were sold at $160.00 per share, according to a Form 4 insider trading report filed with the SEC.
Does this WRLD Form 4 show any option exercises or derivative transactions?
No derivative transactions are shown; the filing lists no derivative entries and an exerciseCount of 0. The reported activity is solely an open-market sale of WORLD ACCEPTANCE CORP common stock by the director.