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Insider Cluster (3 insiders) ·Filed Apr 15, 2026

RM

Regional Management Corp.
BEARISH
Impact 5/10
Horizondays Processed6mo ago
Insider cluster: 3 insiders, $1.4M total
Actionable Insight ▼ Bearish

Traders should monitor for downward pressure on RM shares, particularly given coordinated selling by both executive leadership and a major institutional holder. The timing relative to upcoming earnings or regulatory filings could reveal further insight — absence of positive catalysts may confirm bearish interpretation.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
RM ▲ +13.81% at T+60d
SHORT call ✗ call lost -13.81% · α vs SPY -5.68% · entry $38.22 → $43.50
Entry = T+0 close
Apr 14, 2026
via day close
T+1d
+0.84%
call -0.84% · α -0.58%
$38.54
settled 6mo ago
T+5d
+3.27%
call -3.27% · α -1.63%
$39.47
settled 6mo ago
T+20d
-10.39%
call +10.39% · α +16.43%
$34.25
settled 6mo ago
T+60d
+13.81%
call -13.81% · α -5.68%
$43.50
settled 4mo ago

Price Chart

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Executive Summary

Three key insiders at Regional Management Corp. sold over $1.45 million in shares over a 7-day period, including significant open-market sales by the CFO and a 10% shareholder. The selling follows a pattern of informed exits, with the total value representing 0.4% of market cap, signaling modest but notable bearish sentiment.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
3

Key Facts

  • EVP and Chief Financial Officer Harpreet Rana sold 14,978 shares for $570,512 on 2026-04-15 and an additional 3,009 shares for $114,523 on 2026-04-14
  • EVP Brian Fisher sold 5,457 shares for $207,857 on 2026-04-15 and 3,000 shares for $114,210 on 2026-04-14
  • Forager Fund, L.P., a 10% owner, sold 37,827 shares across three days totaling $1.44 million
  • Total open-market sales in cluster: $2.3 million over 7 days (per market snapshot), with $1.45 million occurring within the core cluster window
  • Non-cash transactions by Fisher (option exercise, tax withholding) occurred alongside open-market sales

Financial Impact

$2.3 million in insider sales over 7 days, representing 0.64% of $360M market cap

insider sentimentshareholder confidencepotential dilution signal

Risk Factors

  • Insider sales could be part of pre-arranged 10b5-1 plans and not reflect negative sentiment
  • Non-cash transactions (option exercises, tax withholding) may distort perception of net selling intent

Market Snapshot

Exchange
NYSE
Sector
Personal Credit Institutions

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RM-1776460736108
8 reports for RM
Performance horizon
80% Hit rate @ T+20 4 of 5 directional calls Went positive at some point 5 of 5 best @ T+60▲ +13.77%Mar 5, 2026
Filters
Rows
Reports for RM — sortable, filterable
TypeNow
Sep 16, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$32.10 $34.47▲ +7.38%▲ +5.93%$32.54 (+1.37%)
Aug 13, 2026
10w ago
Insider Buy
BULLISH ★ 5/10
$33.50 $32.90▼ −1.79%▲ +0.20%$32.54 (−2.87%)
May 19, 2026
22w ago
8-K
NEUTRAL ★ 4/10
$34.96 $37.20▲ +6.41%▲ +5.67%$32.54 (−6.92%)
Apr 15, 2026
27w ago
Insider Cluster
BEARISH ★ 7/10
$38.22 $34.25▲ +10.39%▲ +16.43%$32.54 (+14.86%)
Apr 15, 2026
27w ago
Insider Cluster
BEARISH ★ 6/10
$38.22 $34.25▲ +10.39%▲ +16.43%$32.54 (+14.86%)
Apr 15, 2026
27w ago
Insider Cluster
BEARISH ★ 5/10
$38.22 $34.25▲ +10.39%▲ +16.43%$32.54 (+14.86%)
Apr 15, 2026
27w ago
Insider Cluster
BEARISH ★ 7/10
$38.22 $34.25▲ +10.39%▲ +16.43%$32.54 (+14.86%)
Mar 5, 2026
33w ago
8-K
BULLISH ★ 7/10
$32.24 $34.23▲ +6.17%▲ +8.22%$32.54 (+0.93%)
Showing 8 of 8

US Market Status

Market Closed — Opens Tue (15h 56m)

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Report published Apr 17, 2026