World Acceptance Corp (WRLD) CEO has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORLD ACCEPTANCE CORP interim President and CEO Janet Lewis Matricciani reported a routine tax-withholding share disposition. On May 13, 2026, 264 shares of common stock were withheld at $149.88 per share to cover tax liabilities, and she now directly holds 6,831 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matricciani Janet Lewis
Role
Interim President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, NO PAR VALUE | 264 | $149.88 | $40K |
Holdings After Transaction:
COMMON STOCK, NO PAR VALUE — 6,831 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 264 shares
Tax-withholding price: $149.88 per share
Post-transaction holdings: 6,831 shares
3 metrics
Shares withheld for taxes
264 shares
Tax-withholding disposition on May 13, 2026
Tax-withholding price
$149.88 per share
Price used for withheld WRLD common shares
Post-transaction holdings
6,831 shares
WRLD common shares held directly after transaction
Key Terms
tax-withholding disposition, COMMON STOCK, NO PAR VALUE, transaction code F, Form 4
4 terms
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.
COMMON STOCK, NO PAR VALUE financial
"security_title: "COMMON STOCK, NO PAR VALUE""
transaction code F financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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.
FAQ
What did WRLD interim CEO Janet Lewis Matricciani report in this Form 4?
Interim CEO Janet Lewis Matricciani reported a tax-withholding disposition of 264 WORLD ACCEPTANCE CORP common shares. The shares were withheld to cover tax liabilities, rather than sold in the open market, and the event reflects a routine administrative transaction.
Was this WRLD Form 4 transaction an open-market sale by the CEO?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy tax obligations associated with equity compensation, as indicated by transaction code F and the footnote explaining payment of tax liability by withholding securities.
What does transaction code F mean in the WRLD Form 4 filing?
Transaction code F in the WRLD Form 4 indicates payment of exercise price or tax liability by delivering securities. In this case, 264 common shares were withheld to cover tax obligations, making it a mechanical compensation-related event rather than a discretionary market sale.