---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-012282"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:00:24.470494+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# World Acceptance CEO Chad Prashad resigns; Janet Matricciani named Interim CEO

## Summary
- R. Chad Prashad resigned as President, CEO and Board member effective April 10, 2026; treated as termination without cause.
- Janet Matricciani, former CEO (2015-2018), appointed Interim President and CEO effective April 13, 2026.
- Matricciani receives $83,333/month salary, $350k signing bonus, and 7,095 stock grant vesting over 12 months.
- Board reduced size from 7 to 6 directors upon Prashad's departure.
- Company initiated search for permanent CEO; Matricciani to serve during transition.

## SEC filing metadata
- accession: 0001437749-26-012282
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000143774926012282/0001437749-26-012282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000143774926012282/wrld20260410_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-012282
- JSON: https://secwatch.observer/filing/0001437749-26-012282.json
- Plain text: https://secwatch.observer/filing/0001437749-26-012282.txt

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