World Acceptance (WRLD) officer uses 3,467 shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORLD ACCEPTANCE CORP officer Daniel Clinton Dyer reported a tax-related share disposition. On this Form 4, 3,467 shares of common stock were withheld at $135.04 per share to satisfy tax liabilities by delivering securities rather than cash.
These withheld shares are classified as a tax-withholding disposition, not an open-market sale. After the transaction, Dyer directly holds 27,583 shares of World Acceptance Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dyer Daniel Clinton
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, NO PAR VALUE | 3,467 | $135.04 | $468K |
Holdings After Transaction:
COMMON STOCK, NO PAR VALUE — 27,583 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,467 shares
Withholding price per share: $135.04 per share
Shares held after transaction: 27,583 shares
+1 more
4 metrics
Shares withheld for taxes
3,467 shares
Tax-withholding disposition on COMMON STOCK, NO PAR VALUE
Withholding price per share
$135.04 per share
Value used for tax-withholding disposition
Shares held after transaction
27,583 shares
Direct ownership following tax-withholding disposition
Tax-withholding transactions
1 transaction, 3,467 shares
Summary taxWithholdingCount and taxWithholdingShares
Key Terms
tax-withholding disposition, Form 4, COMMON STOCK, NO PAR VALUE, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"These withheld shares are classified as a tax-withholding disposition, not an open-market sale."
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.
Form 4 regulatory
"On this Form 4, 3,467 shares of common stock were withheld at $135.04 per share"
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.
COMMON STOCK, NO PAR VALUE financial
"security_title": "COMMON STOCK, NO PAR VALUE""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What transaction did World Acceptance (WRLD) insider Daniel Clinton Dyer report?
Daniel Clinton Dyer reported a tax-withholding disposition of 3,467 World Acceptance common shares. The shares were withheld at $135.04 per share to cover tax liabilities, rather than being sold in the open market, and he retained 27,583 shares afterward.
Was the World Acceptance (WRLD) Form 4 transaction an open-market sale?
No, the Form 4 transaction for World Acceptance was not an open-market sale. It was coded “F,” meaning 3,467 shares were withheld to pay tax liabilities. This is a routine administrative event and differs from a discretionary sale on the stock market.
What does transaction code “F” mean in the World Acceptance (WRLD) Form 4?
Transaction code “F” on the World Acceptance Form 4 indicates payment of a tax liability by delivering securities. In this case, 3,467 shares were withheld at $135.04 per share, reflecting shares used to cover taxes rather than a discretionary open-market sale.