secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001171843-22-006233
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

America's Car-Mart names Douglas Campbell as President, effective Oct 3, 2022
-----------------------------------------------------------------------------

- Campbell receives $650k base salary, $500k cash signing bonus, 20k restricted shares (2-yr vest), 75k stock options (5-yr vest).
- Qualifies for FY2023 target bonus of $115k based on same-store customer growth thresholds (80-120% payout).
- Employment agreement includes non-compete, change-in-control provisions, severance of 12 months' salary if terminated without cause.
- Campbell previously SVP Head of Fleet Services at Avis Budget; also held roles at AutoNation and Coral Springs Auto Mall.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184322006233/0001171843-22-006233-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184322006233/f8k_092622.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-006233

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