---
schema_version: "secwatch.filing_event.v1"
accession: "0000108385-24-000064"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:01:17.478255+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# World Acceptance cancels 10,000 CEO performance shares tied to $20.45 EPS target; grants service-based restricted stock

## Summary
- CEO R. Chad Prashad forfeited 10,000 Performance Shares after $20.45 EPS target deemed no longer probable.
- Company previously reversed $18.5M in stock-based compensation related to those shares in Q2 fiscal 2025 (disclosed in 10-Q).
- Committee granted service-based restricted stock: Prashad 11,644 shares; Calmes, Dyer 6,718; Umstetter 4,478; others 2,687 each.
- Service-based shares vest on December 18, 2025, contingent on continued service.
- Two EPS targets remain: $16.35 (40% vesting) and $20.45 (60%); only $16.35 now probable.

## SEC filing metadata
- accession: 0000108385-24-000064
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000010838524000064/0000108385-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000010838524000064/wrld-20241218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000108385-24-000064
- JSON: https://secwatch.observer/filing/0000108385-24-000064.json
- Plain text: https://secwatch.observer/filing/0000108385-24-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.