---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-004311"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2026-06-25T21:20:22+00:00"
generated_at: "2026-06-25T21:22:38.339292+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Car-Mart gets limited waiver on loan defaults; pays $18M fee; CFO resigns

## Summary
- Lenders waive specified defaults (liquidity, collateral, reporting) through at least Sept 7, 2026, subject to milestones; company pays up to $18M in fees.
- Revised minimum liquidity set at $7M weekly / $5M otherwise; minimum collateral coverage ratio 1.25:1 (June 30) or 1.20:1 monthly thereafter.
- CFO Jonathan Collins resigns effective July 31; Marie Persichetti appointed CFO effective Aug 1, with base salary $425K plus $200K retention award.
- Director Julia Davis resigns; board appoints Gilbert Nathan and Michael Wartell as independent directors; each gets $45K/month plus $4K/day for extended duties.
- Company continues strategic alternatives review with Houlihan Lokey, FTI Consulting, Mayer Brown; warns no assurance of successful outcome.

## SEC filing metadata
- accession: 0001171843-26-004311
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2026-06-25T21:20:22+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184326004311/0001171843-26-004311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184326004311/f8k_062226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-004311
- JSON: https://secwatch.observer/filing/0001171843-26-004311.json
- Plain text: https://secwatch.observer/filing/0001171843-26-004311.txt

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