World Acceptance Corp. Announces Board and Officer Changes
Ticker: WRLD · Form: 8-K · Filed: Dec 20, 2024 · CIK: 108385
| Field | Detail |
|---|---|
| Company | World Acceptance Corp (WRLD) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $16.35, $20.45, $18.5 million, $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, officer-appointment, compensation
Related Tickers: WRLD
TL;DR
WRLD board shakeup and comp changes announced 12/18.
AI Summary
World Acceptance Corp. announced on December 18, 2024, changes in its board of directors and officer compensation. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensatory arrangements. The filing details these changes as per SEC regulations.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of board and officer changes, with no immediate financial distress indicated.
Key Players & Entities
- WORLD ACCEPTANCE CORP (company) — Registrant
- South Carolina (location) — State of incorporation
- December 18, 2024 (date) — Date of earliest event reported
- 000-19599 (other) — Commission File Number
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors, but the specific names and details of the changes are not provided in this excerpt.
Were there any new officer appointments?
Yes, the filing states the appointment of certain officers.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is December 18, 2024.
What is the company's principal executive office address?
The address of the principal executive offices is 104 S Main Street, Greenville, South Carolina 29601.
What is the Commission File Number for World Acceptance Corp?
The Commission File Number is 000-19599.
Filing Stats: 822 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-12-20 15:03:43
Key Financial Figures
- $16.35 — ible for Vesting (Percentage of Award) $16.35 40% $20.45 60% During the second qua
- $20.45 — ting (Percentage of Award) $16.35 40% $20.45 60% During the second quarter of fisc
- $18.5 million — ng September 30, 2024, that it reversed $18.5 million in previously recognized stock-based co
- $10,000 — President and Chief Executive Officer $10,000 11,644 John L. Calmes, Jr., Executiv
Filing Documents
- wrld-20241218.htm (8-K) — 41KB
- 0000108385-24-000064.txt ( ) — 164KB
- wrld-20241218.xsd (EX-101.SCH) — 2KB
- wrld-20241218_lab.xml (EX-101.LAB) — 21KB
- wrld-20241218_pre.xml (EX-101.PRE) — 12KB
- wrld-20241218_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WORLD ACCEPTANCE CORPORATION By: /s/ John L. Calmes, Jr. John L. Calmes, Jr. Executive Vice President and Chief Financial and Strategy Officer Date: December 20, 2024 2