---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004506"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:31:11.128760+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart adopts new Short-Term Incentive Plan with FY2024 performance metrics for executive officers

## Summary
- New annual cash bonus plan; target bonus as % of salary: CEO & President 100%, CFO 75%.
- FY2024 performance metrics: ROE (30%), SG&A per customer (30%), EVA by dealership (30%), discretionary (10%).
- Payout ranges from 80% (threshold) to 120% (max) per metric, overall up to 200% of target.
- Maximum annual payout per participant capped at $4M; plan effective April 1, 2023.
- Upon death/disability, bonus prorated; other termination forfeits unless committee decides.

## SEC filing metadata
- accession: 0001171843-23-004506
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184323004506/0001171843-23-004506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184323004506/f8k_071423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004506
- JSON: https://secwatch.observer/filing/0001171843-23-004506.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004506.txt

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