Form 4: Jonathan David Brown Reports Changes in Beneficial Ownership of Regional Management Corp.
SEC Form 4
Jonathan David Brown, a director of Regional Management Corp., reports acquisition and disposal of common stock.
Summary
- On May 23, 2023, Jonathan David Brown acquired 4,381 shares of Regional Management Corp. common stock at $0.
- On May 23, 2023, Jonathan David Brown disposed of 26,920 shares of Regional Management Corp. common stock.
- Following the reported transactions, Brown beneficially owns 0 shares of Regional Management Corp. common stock.
- Brown is a director of Regional Management Corp.
- Brown is a senior analyst at Basswood Capital Management, L.L.C.
- Basswood Capital Management, L.L.C. may be deemed a director-by-deputization due to its representation on the board of directors of the Issuer.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and those holding 10% or more of the company's shares) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The change in ownership may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Date of stock acquisition and disposal |
| 05/28/2024 | Date of signature |
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