RM Regional Management Corp. Insider Trading

Forager Fund (10% owner) sold 27,961 shares in 3 transactions for $1,104,352.72 at blended avg $39.50

Forager Fund executed three separate sales totaling 27,961 shares (28.0K shares) for $1,104,352.72 ($1.1M) between April 17–21, 2026, at prices ranging from $38.56 to $40.18, reducing holdings by 2.8% to 953,475 shares. The sales occurred while the stock traded near its 52-week high of $45.54 and currently sits at $38.27, down 16.0% from that peak. The insider's cross-ticker track record shows 12 prior sells with a 90-day well-timed rate of 66.67% and an average 90-day return of +1.8%, indicating modest timing accuracy historically; at this specific ticker (RM), the 2 measurable prior sells in January 2026 both posted negative 90-day returns (-7.8% and -6.2%), consistent with well-timed exits before declines. The current sale comes as the 30-day price momentum has been strong (+21.8%) but the 90-day trend is modest (+2.1%), and the company trades at a P/E of 8.06 with recent quarterly revenue of $165.5M and net income of $14.4M. The sequence of recent sells (three distinct transactions within days, plus two more in the preceding days on April 14–16) signals persistent liquidation by a major shareholder, warranting attention to any underlying catalysts or conviction changes.

Forager Fund (10% holder) sold 37,827 shares at $38.19 avg over 3 days; perfect prior trade timing at this ticker supports watchlist inclusion.

Forager Fund, L.P., a 10% owner of Regional Management Corp., executed 3 separate sales totaling 37,827 shares for $1,444,787.04 over April 14–16, 2026, reducing holdings by 3.7% to 981,436 shares. The transaction occurred near recent highs (current price $38.54 vs 52-week peak $45.54), in the context of a +22.5% 30-day price surge. Most notably, Forager Fund's prior 5 trades at RM achieved perfect 90-day timing (5 of 5 well-timed): 4 prior sells generated negative 90-day returns (-10.3%, -8.7%, -8.4%, -9.0%) and 1 prior buy generated a strong +51.2% 90-day return, demonstrating precise entry and exit execution at this specific ticker. The current sale occurred after the stock's +22.5% monthly rally and against a backdrop of solid fundamentals (P/E 8.11, +9.7% annual revenue growth), suggesting the insider perceived favorable valuation conditions for a disciplined partial exit.

Director Campos Roel C buys 953 shares of RM at $32.07; stock now $35.49, +9.8% in 30 days.

Campos Roel C (Director) purchased 953 shares at $32.07 on 2026-03-12, increasing holdings to 115,154 shares. The buy occurred near the 52-week low end ($26.30–$45.54 range) and the stock has appreciated 9.8% in the 30 days following the transaction. His prior open-market buy at this ticker (2023-11-08) achieved a 90-day return of +10.9%, and this director's cross-ticker track record shows a 100.00% win rate on buys with an average 90-day return of +10.9%, suggesting a pattern of purchasing ahead of upside moves. The company trades at a low P/E of 7.47 with recent revenue of $165.5M, 9.7% annual growth, and net income of $14.4M, trading at a $333.5M market cap—metrics consistent with a value position rather than a distressed situation.

Forager Fund sells 40,155 shares (40.2K) of RM at blended avg $38.89, reducing 10% stake by 3.8%

Forager Fund, a 10% owner of Regional Management Corp., executed 4 separate sales totaling 40,155 shares for $1,561,431.40 between January 7–9, 2026, at prices ranging from $38.79 to $39.64. The filing shows deliberate execution across multiple days, reducing holdings from 1,060,727 to 1,020,572 shares. This contrasts sharply with the insider's prior activity at RM: all 5 prior trades from June 2025 were buys, each achieving strong 90-day returns (44.4%–51.2%), establishing a 100% well-timed buying pattern at this ticker. Notably, Forager Fund's cross-ticker sell history shows a 100% well-timed rate (avg 90d return -8.4% after sells), and the stock has declined 14.2% from its 52-week high of $45.54, positioning this sale within the insider's established pattern of selling into weakness. The shift from concentrated buying just months prior to multi-tranche selling at lower price levels merits close observation of what triggered the strategic shift.

Basswood Capital Management sold 61,835 shares of Regional Management Corp for $2,324,979.16 across 8 transactions.

Basswood Capital Management, a Director at Regional Management Corp, sold 61,835 shares across 8 separate transactions on 2025-12-09 and 2025-12-10, reducing holdings by 37.2% from 166,337 shares to 104,502 shares post-transaction. The sales occurred at prices ranging from $36.68 to $37.80 (blended average $37.60), and at the current price of $39.78, the stock has appreciated 5.8% since these sales. Across the insider's cross-ticker track record, prior sells have averaged +3.2% 30-day returns and +12.6% 90-day returns with a 0.00% well-timed rate, indicating that this insider's prior sales have generally preceded stock gains rather than declines. At Regional Management Corp specifically, all 5 prior measurable trades were sells executed on 2025-11-25 with outcomes not yet determinable. The company trades at a P/E of 9.34 with recent quarterly revenue of $165,487,000 and net income of $14,356,000.

Basswood Capital director sold 97,539 shares ($3.6M) over 3 days at blended avg $37.15; post-sale holdings 114,812 shares (-45.9%).

BASSWOOD CAPITAL MANAGEMENT, L.L.C. executed 15 separate sales totaling 97,539 shares for $3,623,532.55 over November 21–25, 2025, at prices ranging from $36.89 to $37.48 (blended average $37.15). This sale reduced the director's holdings from 212,351 shares to 114,812 shares, a -45.9% reduction in stake. Across the insider's cross-ticker history, 8 prior sells posted an average 90-day return of +5.6%, indicating that past sales have often preceded price appreciation—a sign of poorly-timed exits. However, at RM specifically, the insider's prior trading pattern shows only 1 of 5 prior trades were well-timed at the 90-day mark, and a prior sale on 2024-12-11 experienced a -12.3% 90-day return (well-timed), suggesting mixed predictive value at this ticker. The stock has declined -8.4% over 30 days and -11.4% over 90 days from the transaction dates, and trades -17.6% below its 52-week high, providing limited immediate evidence of prescient timing. RM's fundamentals show a P/E of 8.80 with annual revenue growth of +6.7%, suggesting a modestly valued, slower-growth business.

Forager Fund (10% owner) purchased 32,383 shares at $28.56 average across 3 transactions; holdings now 1,085,098 shares (+3.1%)

Forager Fund executed 3 separate purchases totaling 32,383 shares for $924,841.47 between June 9-16, 2025, at prices ranging from $28.20 to $29.13, accumulating to a blended average of $28.56. The current price of $27.24 is down 4.6% over 30 days and 11.3% over 90 days, trading 26.3% below the 52-week high of $36.94. The fund's holdings have grown to 1,085,098 shares (+3.1%), maintaining its 10% ownership position in a company trading at a P/E of 8.18 with recent quarterly revenue of $153.0M and positive 6.7% annual growth. The timing of these purchases coincides with a period of notable price weakness, and follow 4 prior buys at RM within the immediately preceding days (June 9-12), suggesting sustained interest despite recent downward momentum.

Forager Fund bought 12,246 shares of RM at $29.05 on 2025-06-12; now trading -23.8% from 52-week high.

Forager Fund, a 10% owner, purchased 12,246 shares at $29.05, expanding its position by 1.2% to 1,052,715 shares total. The stock currently trades at $28.16, down 1.4% over 30 days and 5.1% over 90 days, and sits 23.8% below its 52-week high of $36.94, suggesting the transaction occurred in a period of price weakness. At a P/E of 8.46 with recent quarterly revenue of $152,967,000.00 and net income of $7,007,000.00, the company shows modest fundamentals with annual revenue growth of 6.7%. The insider's cross-ticker track record shows 15 prior buys averaging a 30-day return of 4.9%, though this is measured across different securities; at RM specifically, all 5 prior trades (4 buys plus the current purchase) remain too recent to evaluate outcome, leaving no measurable pattern to assess timing accuracy at this ticker.

Forager Fund (10% owner) purchases 23,836 shares at blended avg $27.98 across 3 days; holds 1.04M post-transaction (+2.3%)

Forager Fund, a 10% owner of Regional Management Corp. (RM), executed 3 separate purchases totaling 23,836 shares for $667,005.11 at a blended average price of $27.98 between 2025-06-09 and 2025-06-11. The current price of $28.97 is -21.6% below the 52-week high of $36.94, positioning this purchase below recent peak valuations. Notably, this buying activity occurs after a consistent pattern of well-timed sales: across 5 prior trades at RM in early January 2025, all showed negative 90-day returns (ranging from -6.3% to -16.5%), with 5 of 5 meeting the well-timed threshold for sells. The fundamental backdrop shows a P/E of 8.70 with annual revenue growth of +6.7%, suggesting modest valuation relative to earnings. This shift from sequential selling to buying, after a price decline of -2.3% over 30 days, merits close monitoring for signals about the insider's view of current entry points.

Director BASSWOOD CAPITAL MANAGEMENT bought 968 shares of RM at $36.31 on 2025-02-14, entering position after prior sell

BASSWOOD CAPITAL MANAGEMENT established a 968-share position in Regional Management Corp. at $36.31, near the 52-week high of $36.94. The purchase is notable given the insider's mixed record: across all tickers, 18 prior buys returned -6.0% on average over 30 days and -3.1% over 90 days, with only a 28.57% win rate at the 90-day mark. At RM specifically, the prior three measured buy transactions (May 2024) all posted negative 90-day returns ranging from -4.0% to -5.2%. A concurrent sell executed on 2024-12-11 suggests portfolio activity rather than sustained conviction, and that prior sell deteriorated -7.7% within 30 days. The stock has risen 22.3% over the past 90 days and is now -1.7% from its 52-week high, so this purchase arrives near recent peak valuations despite the insider's historically weak timing record.