World Acceptance (WRLD) director exercises options and sells 2,031 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
World Acceptance Corp director Benjamin E. Robinson III exercised stock options and sold shares on the same day. He exercised employee stock options to acquire 2,031 shares of common stock at $188.38 per share, then executed an open-market sale of 2,031 shares at $222.77 per share. Following these transactions, he directly holds 4,836 shares of common stock, with no remaining options from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,031 shares ($452,446)
Net Sell
3 txns
Insider
Robinson Benjamin E III
Role
null
Sold
2,031 shs ($452K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | EMPLOYEE STOCK OPTION, RIGHT TO BUY | 2,031 | $0.00 | -- |
| Exercise | COMMON STOCK, NO PAR VALUE | 2,031 | $188.38 | $383K |
| Sale | COMMON STOCK, NO PAR VALUE | 2,031 | $222.77 | $452K |
Holdings After Transaction:
EMPLOYEE STOCK OPTION, RIGHT TO BUY — 0 shares (Direct, null);
COMMON STOCK, NO PAR VALUE — 6,867 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,031 shares
Sale price: $222.77/share
Option strike price: $188.38/share
+2 more
5 metrics
Shares sold
2,031 shares
Open-market sale of common stock at $222.77 per share
Sale price
$222.77/share
Price per share for 2,031 common shares sold
Option strike price
$188.38/share
Exercise price for employee stock option on 2,031 shares
Shares acquired via exercise
2,031 shares
Common stock received from option exercise
Shares held after sale
4,836 shares
Director’s direct common stock holdings post-transaction
Key Terms
open-market sale, derivative exercise/conversion, employee stock option, right to buy, COMMON STOCK, NO PAR VALUE, +1 more
5 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
employee stock option, right to buy financial
"security_title": "EMPLOYEE STOCK OPTION, RIGHT TO BUY""
COMMON STOCK, NO PAR VALUE financial
"security_title": "COMMON STOCK, NO PAR VALUE""
FAQ
What insider transaction did WORLD ACCEPTANCE CORP (WRLD) director report?
Director Benjamin E. Robinson III reported exercising options for 2,031 shares and selling 2,031 shares of World Acceptance Corp common stock. The transactions occurred on the same date and involved open-market sales at a reported price of $222.77 per share.
What type of securities were involved in the WRLD insider Form 4 filing?
The filing shows transactions in common stock, no par value, and an employee stock option, right to buy. The option covered 2,031 underlying common shares and was fully exercised, reducing the option position to zero after conversion into common stock.
Did the WRLD director retain any employee stock options after this transaction?
According to the filing, the employee stock option covering 2,031 shares now shows 0.0000 remaining after exercise. The derivative summary is empty, indicating this specific option grant was fully exercised with no remaining derivative position disclosed in the document.