SCHEDULE 13G/A: Forager Capital Management and Affiliates Disclose 9.1% Stake in Regional Management Corp.
Beneficial Ownership Disclosure
Forager Capital Management, LLC, Forager Fund, L.P., and their principals, Edward Kissel and Robert MacArthur, have jointly disclosed a beneficial ownership of 9.1% in Regional Management Corp.'s common stock.
Summary
- Forager Capital Management, LLC, Forager Fund, L.P., Edward Kissel, and Robert MacArthur (collectively, the "Reporting Persons") have filed an Amendment No. 3 to Schedule 13G.
- The Reporting Persons collectively beneficially own 899,026 shares of Common Stock of Regional Management Corp.
- This ownership represents 9.1% of the outstanding Common Stock of Regional Management Corp.
- The percentage of beneficial ownership is based on 9,831,461 shares of Common Stock issued and outstanding as of February 19, 2025, as reported in the Issuer's Form 10-K for the fiscal year ended December 31, 2024.
- Forager Fund, L.P. and Forager Capital Management, LLC each hold sole voting and dispositive power over 899,026 shares.
- Edward Kissel and Robert MacArthur each hold shared voting and dispositive power over 899,029 shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant passive ownership stake by an investment firm and its principals in a publicly traded company, common in the financial industry for transparency regarding large holdings.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant ownership stake held by an investment firm and its principals, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date as of which the total outstanding shares of Common Stock (9,831,461) were reported in the Issuer's Form 10-K. |
| 03/31/2025 | Date of event which required the filing of this statement; also the signature date for Robert MacArthur as an individual. |
| 05/15/2025 | Signature date for Forager Capital Management, LLC, Forager Fund, L.P., and Edward Kissel. |
Keywords
Regional Management Corp., Forager Capital Management, Forager Fund, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Investment Management, Shareholder Disclosure
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