---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012311"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:06:22.472021+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Regional Management adopts Executive Severance and CIC Plan with multiples up to 2x

## Summary
- Plan effective Apr 6, 2023; supersedes prior employment agreements for named executives.
- CEO Beck gets 2x severance multiple for non-CIC and CIC; period 24 months.
- Other NEOs (Rana, Schachtel, Fisher, Parmar) get 1x non-CIC, 2x CIC; period 12 months.
- Benefits require compliance with non-compete, non-solicit, and release of claims.
- Plan also covers termination due to disability or death with reduced benefits.

## SEC filing metadata
- accession: 0000950170-23-012311
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000095017023012311/0000950170-23-012311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000095017023012311/rm-20230406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012311
- JSON: https://secwatch.observer/filing/0000950170-23-012311.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012311.txt

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