[SCHEDULE 13D/A] World Acceptance Corp SEC Filing

Rhea-AI Filing Summary

Amendment No. 11 to a joint Schedule 13D for World Acceptance Corporation (WRLD) updates beneficial ownership and recent transactions by Prescott-related reporting persons. Together the Managed Accounts and related parties hold 1,642,098 shares, representing 30.2% of outstanding common stock when combining reported aggregates, with key individual positions including Prescott General Partners (PGP) 1,512,424 shares (27.8%), Prescott Associates 952,070 shares (17.5%), Idoya Partners 518,550 shares (9.5%), Prescott Investors Profit Sharing Trust (PIPS) 50,286 shares (0.9%), Thomas W. Smith 560,600 shares (10.3%), and Scott J. Vassalluzzo 31,788 shares (0.6%).

On September 4, 2025 several Reporting Persons sold shares back to the issuer under its share repurchase program at $172.88 per share: Prescott Associates sold 260,297 shares; Idoya Partners sold 57,844 shares; Prescott International Partners L.P. sold 11,569 shares; and PIPS sold 17,354 shares. The filing restates that, other than possible future purchases or sales as investment managers, none of the Reporting Persons has a present plan to effect any of the enumerated corporate actions in Item 4.

Insights

Corporate Governance Expert

TL;DR: Significant insider-related ownership and coordinated reporting but no declared activist plan; partial participation in issuer repurchase noted.

The Schedule 13D/A shows concentrated ownership through PGP and affiliated vehicles, with PGP alone reporting 27.8% beneficial ownership. Such concentration gives these reporting persons meaningful influence over corporate governance and board-related matters, particularly since Mr. Vassalluzzo is a director. The amendment clarifies disposition authorities and discloses repurchase transactions executed on September 4, 2025 at $172.88 per share. The filing explicitly states there is no present proposal to pursue specified Item 4 actions, limiting immediate governance uncertainty.

Securities/Investor Relations Analyst

TL;DR: Material ownership stakes and share retirements under the repurchase program are disclosed; transactions are routine disclosure rather than a strategic shift.

The reporting persons collectively maintain large positions (individual percentages provided), and several vehicles participated in the issuer's repurchase program, reducing their holdings by specified share counts. The disclosed repurchases at $172.88 per share are concrete transactions that slightly lower free float and insiders' reported holdings. The filing preserves optionality for future trades but contains no new strategic proposals or transactions beyond the repurchase sales disclosed.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 11)

World Acceptance Corporation

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

981419104

(CUSIP Number)

Thomas W. Smith
2200 Butts Road, Suite 320,
Boca Raton, FL, 33431
(561) 314 0800

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/04/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Prescott General Partners LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,512,424.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,512,424.00

11

Aggregate amount beneficially owned by each reporting person

1,512,424.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

27.8 %

14

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Prescott Associates L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 952,070.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 952,070.00

11

Aggregate amount beneficially owned by each reporting person

952,070.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

17.5 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Idoya Partners L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 518,550.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 518,550.00

11

Aggregate amount beneficially owned by each reporting person

518,550.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.5 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Prescott Investors Profit Sharing Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 50,286.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 50,286.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

50,286.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.9 %

14

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Thomas W. Smith

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 493,000.00
8	Shared Voting Power 67,600.00
9	Sole Dispositive Power 493,000.00
10	Shared Dispositive Power 67,600.00

11

Aggregate amount beneficially owned by each reporting person

560,600.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

10.3 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 981419104

1

Name of reporting person

Scott J. Vassalluzzo

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 31,788.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 31,788.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

31,788.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.6 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, no par value
(b)	Name of Issuer: World Acceptance Corporation
(c)	Address of Issuer's Principal Executive Offices: 104 S Main Street, Greenville, SOUTH CAROLINA , 29601.
Item 1 Comment: The following constitutes Amendment No. 11 (the "Amendment") to the joint filing on Schedule 13D by Thomas W. Smith, Scott J. Vassalluzzo, Steven M. Fischer and Prescott Associates L.P. ("Prescott Associates") originally filed with the Securities and Exchange Commission (the "SEC") on June 30, 2011, as amended by Amendment No. 1 filed with the SEC on January 5, 2012 by Prescott General Partners LLC ("PGP"), Prescott Associates, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 2 filed with the SEC on December 14, 2012 by PGP, Prescott Associates, Idoya Partners L.P. ("Idoya Partners"), Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 3 filed with the SEC on December 20, 2012 by PGP, Prescott Associates, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 4 filed with the SEC on May 10, 2013 by PGP, Prescott Associates, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 5 filed with the SEC on November 5, 2014 by PGP, Prescott Associates, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 6 filed with the SEC on July 30, 2015 by PGP, Prescott Associates, Idoya Partners, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 7 filed with the SEC on July 31, 2015 by PGP, Prescott Associates, Idoya Partners, Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 8 filed with the SEC on February 12, 2020 by PGP, Prescott Associates, Idoya Partners, Prescott Investors Profit Sharing Trust ("PIPS"), Thomas W. Smith and Scott J. Vassalluzzo, Amendment No. 9 filed with the SEC on February 20, 2025 by PGP, Prescott Associates, Idoya Partners, PIPS, Thomas W. Smith and Scott J. Vassalluzzo and Amendment No. 10 filed with the SEC on July 7, 2025 by PGP, Prescott Associates, Idoya Partners, PIPS, Thomas W. Smith and Scott J. Vassalluzzo (as amended, the "Schedule 13D"). Unless otherwise indicated, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D, and unless amended or supplemented hereby, all information previously filed remains in effect.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: "As described more fully in Item 5 below, as general partner of the Partnerships, PGP may be deemed to beneficially own 1,512,424 shares of Common Stock held by the Partnerships. PIPS may be deemed to beneficially own 50,286 shares of Common Stock held on behalf of the employee profit-sharing plan participants. Messrs. Smith and Vassalluzzo may be deemed to beneficially own 77,600 and 1,788 shares of Common Stock, respectively, in their capacities as investment managers for several managed accounts, which consist of investment accounts for: (i) a private charitable foundation established by Mr. Smith and for which Mr. Smith acts as trustee, and (ii) certain family members of Mr. Vassalluzzo and certain individual accounts managed by Mr. Smith. The Partnerships, PIPS and the managed accounts are referred to collectively herein as the "Managed Accounts". The 1,642,098 shares of Common Stock owned by the Managed Accounts (the "Managed Account Shares") were acquired by the Reporting Persons on behalf of the Managed Accounts for the purpose of achieving the investment goals of the Managed Accounts. Mr. Vassalluzzo currently serves as a director of the Issuer and beneficially owns 30,000 shares of Common Stock for his own account. In addition, Mr. Smith may be deemed to beneficially own 483,000 shares held by Ridgeview Smith Investments LLC, a limited liability company established by Mr. Smith, the sole member of which is a revocable trust established by Mr. Smith for the benefit of his family (the "Ridgeview Shares"). Mr. Smith acquired the Ridgeview Shares for investment purposes. Depending upon market conditions, the availability of funds, an evaluation of alternative investments, and such other factors as may be considered relevant, each of the Reporting Persons may purchase or sell shares of Common Stock if deemed appropriate and opportunities to do so are available, in each case, on such terms and at such times as such Reporting Person considers desirable. The Reporting Persons may talk or hold discussions with various parties, including, but not limited to, the Issuer's management, its board of directors, and other shareholders and third parties, for the purpose of developing and implementing strategies to maximize shareholder value, including strategies that may, in the future, result in the occurrence of one or more of the actions or events enumerated in clauses (a) through (j) of Item 4 of Schedule 13D. Subject to the foregoing, none of the Reporting Persons has any present plan or proposal which relates to or would result in any of the actions or events enumerated in clauses (a) through (j) of Item 4 of Schedule 13D. In addition, each Reporting Person disclaims any obligation to report any plan or proposal known to such Reporting Person solely as a result of Mr. Vassalluzzo's position as a director of the Issuer and his participation in such capacity in decisions involving an action or event described in clauses (a) through (j) in Item 4 of Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	Based on information included in the Form 10-Q filed by the Issuer on August 6, 2025, which disclosed that 5,445,788 shares of Common Stock were outstanding as of August 1, 2025, the aggregate number and percentage of shares of Common Stock beneficially owned by each of the Reporting Persons is as follows: PGP - 1,512,424 shares (27.8%); Prescott Associates - 952,070 shares (17.5%); Idoya Partners - 518,550 shares (9.5%); PIPS - 50,286 shares (0.9%); Mr. Smith - 560,600 shares (10.3%); and Mr. Vassalluzzo - 31,788 shares (0.6%).
(b)	PGP, as the general partner of the Partnerships, may be deemed to share the power to vote or to direct the vote and to dispose or to direct the disposition of 1,512,424 shares. Prescott Associates has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 952,070 shares. Idoya Partners has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 518,550 shares. PIPS has the sole power to vote or to direct the vote of and to dispose or to direct the disposition of 50,286 shares. Messrs. Smith and Vassalluzzo have the sole power to vote or to direct the vote of and to dispose or to direct the disposition of 493,000 and 31,788 shares, respectively. In their capacities as investment managers for managed accounts, Messrs. Smith and Vassalluzzo may be deemed to share the power to vote or to direct the vote of 67,600 and no shares, respectively, and to share the power to dispose or to direct the disposition of 67,600 and no shares, respectively. Voting and investment authority over investment accounts established for the benefit of certain family members and friends of Messrs. Smith and Vassalluzzo is subject to each beneficiary's right, if so provided, to terminate or otherwise direct the disposition of the investment account.
(c)	On September 4, 2025, the Reporting Persons sold shares of Common Stock to the Issuer pursuant to its share repurchase program at a price of $172.88 per share as follows: (i) Prescott Associates: 260,297 shares (ii) Idoya Partners: 57,844 shares (iii) Prescott International Partners L.P., a private investment limited partnership, the general partner of which is PGP: 11,569 shares (iv) PIPS: 17,354 shares Each sale was effected by direct transfer through the facilities of the Depository Trust Company's DWAC system. During the past 60 days, none of the other Reporting Persons effected any transactions involving shares of Common Stock.
Item 7.	Material to be Filed as Exhibits.
	Agreement relating to the joint filing of statement on Schedule 13D dated September 8, 2025.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Prescott General Partners LLC

Signature:	/s/ Scott J. Vassalluzzo
Name/Title:	Managing Member
Date:	09/08/2025

Prescott Associates L.P.

Signature:	Prescott General Partners LLC
Name/Title:	General Partner
Date:	09/08/2025

Signature:	/s/ Scott J. Vassalluzzo
Name/Title:	Managing Member
Date:	09/08/2025

Idoya Partners L.P.

Signature:	Prescott General Partners LLC
Name/Title:	General Partner
Date:	09/08/2025

Signature:	/s/ Scott J. Vassalluzzo
Name/Title:	Managing Member
Date:	09/08/2025

Prescott Investors Profit Sharing Trust

Signature:	/s/ Scott J. Vassalluzzo
Name/Title:	Trustee
Date:	09/08/2025

Thomas W. Smith

Signature:	/s/ Thomas W. Smith
Name/Title:	Thomas W. Smith
Date:	09/08/2025

Scott J. Vassalluzzo

Signature:	/s/ Scott J. Vassalluzzo
Name/Title:	Scott J. Vassalluzzo
Date:	09/08/2025