America's Car-Mart forms special committee for strategic alternatives; appoints new independent director

AMERICAS CARMART INC

Board appointed Adam Paul as independent director and chair of new Special Committee to oversee strategic review.
Retained Houlihan Lokey as financial advisor to evaluate financing, recapitalization, M&A, and other options.
Special Committee includes Adam Paul (Chair), Joshua Welch, and Jonathan Buba.
Adam Paul receives $45,000/month for minimum 3 months plus $4,000 per diem for extended duties.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Adam Paul

Independent Director

CRMT · AMERICAS CARMART INC

Effective: 2026-05-22
Filed: May 29, 2026, 5:30 PM ET

On May 22, 2026, the Board increased the size of the Board from nine members to ten members and appointed Adam Paul as an independent director, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Adam Paul was appointed as Independent Director at AMERICAS CARMART INC.

Action: appointed
Role: Independent Director

Exact text from the filing

On May 22, 2026, the Board increased the size of the Board from nine members to ten members and appointed Adam Paul as an independent director, effective immediately.

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AMERICAS CARMART INC filing history →

Source: SEC EDGAR

accession 0001171843-26-003809

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