secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0000950170-23-028938
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management awards $5.9M in PRSUs and restricted stock to NEOs
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- CEO Beck receives $1.5M PRSU and $1.5M restricted stock; other NEOs get proportional amounts.
- PRSUs vest based on cumulative TSR over June 2023–June 2026, with 0-150% payout and one-year holding post-vest.
- Restricted stock vests in three equal tranches on Dec 31, 2023, 2024, and 2025, subject to continued employment.
- Total equity awards to named executive officers: approximately $5.9 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023028938/0000950170-23-028938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023028938/rm-20230614.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-028938

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer