Basswood Capital Management, L.L.C. - Mar 6, 2024 Form 4 Insider Report for Regional Management Corp. (RM)

Role
Director, Director-by-Deputization, 10%+ Owner
Signature
BASSWOOD CAPITAL MANAGEMENT, L.L.C.; /s/ Matthew Lindenbaum
Stock symbol
RM
Transactions as of
Mar 6, 2024
Transactions value $
$120,582
Form type
4
Date filed
3/8/2024, 06:55 PM
Previous filing
Feb 21, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RM Common Stock, par value $0.10 per share ("Common Stock") Sale -$143K -6.31K -1.33% $22.60 467K Mar 6, 2024 See footnotes F1, F2
transaction RM Common Stock Purchase $60.6K +2.67K +0.57% $22.72 470K Mar 6, 2024 See footnotes F1, F2
transaction RM Common Stock Purchase $750 +33 +0.01% $22.72 470K Mar 6, 2024 See footnotes F1, F2
transaction RM Common Stock Purchase $74.9K +3.3K +1.18% $22.72 282K Mar 6, 2024 See footnotes F1, F3
transaction RM Common Stock Purchase $1.3K +57 +1.03% $22.72 5.58K Mar 6, 2024 See footnotes F1, F4
transaction RM Common Stock Purchase $27.2K +1.2K +1.09% $22.72 111K Mar 6, 2024 See footnotes F1, F5
transaction RM Common Stock Purchase $25.8K +1.12K +0.24% $22.99 471K Mar 7, 2024 See footnotes F1, F2
transaction RM Common Stock Purchase $35.1K +1.53K +0.54% $22.99 284K Mar 7, 2024 See footnotes F1, F3
transaction RM Common Stock Purchase $552 +24 +0.43% $22.99 5.6K Mar 7, 2024 See footnotes F1, F4
transaction RM Common Stock Purchase $12.2K +530 +0.48% $22.99 111K Mar 7, 2024 See footnotes F1, F5
transaction RM Common Stock Purchase $20.9K +910 +3.13% $22.99 30K Mar 7, 2024 See footnotes F1, F6
transaction RM Common Stock Purchase $4K +174 +0.58% $22.99 30.2K Mar 7, 2024 See footnotes F1, F6
holding RM Common Stock 22.5K Mar 6, 2024 See footnotes F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 See Exhibit 99.1
F2 See Exhibit 99.1
F3 See Exhibit 99.1
F4 See Exhibit 99.1
F5 See Exhibit 99.1
F6 See Exhibit 99.1
F7 See Exhibit 99.1

Remarks:

Notes are included on Exhibit 99.1 hereto. Exhibit List: ------------- Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information Exhibit 99.3 - Joint Filers' Signatures