Forager Fund, L.P. (Kissel Edward Urban, MacArthur Robert Symmes) sold $945K of RM
Forager Fund, L.P. sold 29,322 shares of Regional Management Corp. (RM) at an average of $32.22 ($32.19–$32.26, $0.94M total) across 3 trades over 2026-09-15 to 2026-09-17. Filed jointly with Forager Capital Management, LLC (10% owner), Kissel Edward Urban (10% owner) and MacArthur Robert Symmes (10% owner).
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and unlikely to affect RM's stock price materially.
Market read
A small insider sale with limited market impact; primarily of interest to compliance and monitoring teams.
What to watch
No additional catalysts or market conditions mentioned.
Background
SEC Form 4 filing by Forager Fund, a 10% owner of Regional Management Corp., reporting an open‑market sale of shares.
Ticker impact
Form 4 shows 10% owner Forager Fund sold 29,322 shares at $32.22 avg, reducing stake to 919,136 shares.
No material price impact expected.
Sale size <$1M and insider already holds large stake; market typically views as routine.
Market effects
None; transaction is company‑specific.
No regional effect.
Not relevant globally.
Counterpoint
Insider sale could signal concerns, but size is too small to warrant a contrarian trade.
Key entities
- companyRegional Management Corp.
Issuer of the securities sold.
- insiderForager Fund, L.P.
10% owner reporting the sale.