Form 4: Regional Management Corp. Executive Steven B. Barnette Reports Stock Transaction
SEC Form 4 Filing
VP, Chief Accounting Officer Steven B. Barnette of Regional Management Corp. reports a transaction involving the withholding of shares for tax obligations.
Summary
- On December 31, 2024, Steven B. Barnette, VP, Chief Accounting Officer of Regional Management Corp., had 872 shares of common stock disposed of to cover tax withholding obligations.
- The transaction was a non-market transaction where shares were withheld at a price of $33.98 per share.
- Following the transaction, Barnette directly owns 17,975 shares of Regional Management Corp. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This transaction reflects standard practice for covering tax liabilities associated with stock vesting.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the stock transaction (share withholding for tax obligations). |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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