secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0000950170-24-069377
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Corp. grants LTIP awards to NEOs; Beck gets $3M in PRSUs and RSUs
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- PRSU grant values: Beck $1,500,000; Rana $445,000; Fisher $337,500; Parmar $272,500.
- PRSUs vest based on cumulative TSR from June 3, 2024 to June 3, 2027; payout 0%-150% of target.
- Excluding Beck, each NEO received restricted stock of same grant value vesting 1/3 annually on Dec 31, 2024-2026.
- Beck also received $1,500,000 in RSUs vesting 1/3 annually on Dec 31, 2024-2026.
- All awards are under the 2024 Long-Term Incentive Plan and subject to continued employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000095017024069377/0000950170-24-069377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000095017024069377/rm-20240603.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-069377

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