# EDGAR Filing Document

**Accession Number:** 0000108385
**File Stem:** 0001437749-25-036854
**Filing Date:** 2025-12
**Character Count:** 12399
**Document Hash:** ebc6c479974a708690c94be28a690623
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-25-036854.hdr.sgml**: 20251204

**ACCESSION NUMBER**: 0001437749-25-036854

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20251204

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251204

**DATE AS OF CHANGE**: 20251204

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WORLD ACCEPTANCE CORP
- **CENTRAL INDEX KEY:** 0000108385
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERSONAL CREDIT INSTITUTIONS [6141]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 570425114
- **STATE OF INCORPORATION:** SC
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-19599
- **FILM NUMBER:** 251548285

**BUSINESS ADDRESS:**
- **STREET 1:** 108 FREDRICK STREET
- **CITY:** GREENVILLE
- **STATE:** SC
- **ZIP:** 29607
- **BUSINESS PHONE:** 8642989800

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 6429
- **CITY:** GREENVILLE
- **STATE:** SC
- **ZIP:** 29606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WORLD FINANCE CORP
- **DATE OF NAME CHANGE:** 19700210

?xml version='1.0' encoding='ASCII'? wrld20251022_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

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| | |
|:---|:---|
| Date of Report (Date of earliest event reported) | December 4, 2025 |

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WORLD ACCEPTANCE CORPORATION

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(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| South Carolina | 000-19599 | 57-0425114 |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

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| | |
|:---|:---|
| 104 S. Main Street, Greenville, South Carolina | 29601 |
| (Address of principal executive offices) | (Zip Code) |

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| | |
|:---|:---|
| Registrant's telephone number, including area code | (864) 298-9800 |

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n/a

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(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, No Par Value | WRLD | The Nasdaq Global Select Market |

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| | |
|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |  |
| Emerging growth company | ☐ |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |

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**Item 5.02(b)** – **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On December 4, 2025, World Acceptance Corporation (the "Company") announced that D. Clinton Dyer, the Company's Executive Vice President and Chief Branch Operations Officer, has informed the Company of his intention to retire effective March 31, 2026, following 30 years of dedicated service.

In connection with his retirement and exemplary service, the Company's Compensation and Stock Option Committee approved the payment or provision to Mr. Dyer of: (i) the compensation and benefits that would have been payable to Mr. Dyer in connection with a termination without cause as set forth in Section 8.1 of his Employment Agreement with the Company dated April 1, 2019 (the "Employment Agreement"), which include: (1) an amount equal to $550,000, payable over 24 months in approximately equal monthly installments; (2) a single lump sum cash payment equal to the total premiums Mr. Dyer would be required to pay for 18 months of COBRA continuation coverage; (3) full vesting of his outstanding equity awards that are subject to time-based vesting and (ii) his early retirement benefit under the World Acceptance Corporation 2005 Supplemental Income Plan (the "SIP"), in which Mr. Dyer has participated in since August 1, 2005. The SIP has been filed as an exhibit to the Company's most recent Annual Report on Form 10-K and the material terms of such arrangements are described in the Company's most recent Proxy Statement filed with the Securities and Exchange Commission.

J. Tobin Turner, the Company's Senior Vice President of Strategy and Analytics, will lead the efforts as interim head of branch operations during the transition.

**Item 7.01** – **Regulation FD Disclosure.**

On December 4, 2025, the Company issued a press release, announcing Mr. Dyer's retirement. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference in this Item 7.01.

The information contained in this Item 7.01, including in Exhibit 99.1 attached hereto, is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, except to the extent such other filing specifically incorporates such information by reference.

**Item 9.01 Financial Statements and Exhibits.**

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| | | |
|:---|:---|:---|
| (d) | Exhibits. |  |
|  | <u>Exhibit Number</u> | <u>Description of Exhibit</u> |
|  | 99.1 | [Press release issued December 4, 2025](ex_895398.htm) |
|  | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  |  | WORLD ACCEPTANCE CORPORATION |
|  |  | (Registrant) |
| December 4, 2025 | By:  | /s/ John Calmes, Jr. |
|  |  | John Calmes, Jr. |
|  |  | Executive VP, Chief Financial & Strategy Officer,<br> and Treasurer |

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## Exhibit 99.1

**Exhibit 99.1**

![wac.jpg](wac.jpg)

Contact: John L. Calmes Jr.

Executive VP, Chief Financial & Strategy Officer,

and Treasurer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(864) 298-9800

**World Acceptance Corporation Announces the Retirement of Chief Branch Operations Officer D. Clinton Dyer**

GREENVILLE, S.C. (December 4, 2025) - World Acceptance Corporation (NASDAQ:WRLD) ("World Acceptance" or "the Company") today announced the planned retirement of D. Clinton Dyer, the Company's Executive Vice President and Chief Branch Operations Officer, following an extraordinary 30-year career with the organization.

During his three decades with World Acceptance, Mr. Dyer helped shape and strengthen the Company's branch operations through steadfast leadership, deep operational knowledge, and a genuine commitment to the customers and communities the Company serves.

"Clint has been a pillar of the Company for thirty years," said Chad Prashad, the Company's President and Chief Executive Officer. "His leadership, dedication, and unwavering focus on operational excellence have played a meaningful role in the Company's growth and success. Beyond his professional contributions, Clint is admired for his character, his mentorship, and his enduring commitment to our people. We are deeply grateful for all he has done, and we extend our warmest wishes as he prepares for this well-earned next chapter."

Mr. Dyer shared, "It has been an honor to spend my career at World Acceptance. I am grateful for the colleagues, customers, and partners I have had the privilege to work alongside over the last thirty years. This company has been a second home to me, and I will always take pride in what we accomplished together."

Mr. Dyer's retirement will take effect on March 31, 2026, and the Company is in the process of finalizing its transition planning. Between now and March 31, 2026, operational responsibilities will transfer to J. Tobin Turner, the Company's Senior Vice President of Strategy and Analytics. Mr. Turner has run the marketing and analytics teams for several years and has a Ph. D in Operations and Supply Chain Management, a Master of Business Administration and brings extensive experience managing and running multi-location businesses.

**About World Acceptance Corporation**

Founded in 1962, World Acceptance Corporation (NASDAQ: WRLD), is a people-focused finance company that provides personal installment loan solutions and personal tax preparation and filing services to over one million customers each year. Headquartered in Greenville, South Carolina, the Company operates more than 1,000 community-based World Finance branches across 16 states. The Company primarily serves a segment of the population that does not have ready access to credit; however, unlike many other lenders in this segment, we strive to work with our customers to understand their broader financial pictures, ensure they have the ability and stability to make payments, and help them achieve their financial goals. For more information, visit <u>www.loansbyworld.com</u>.

-MORE-

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**WRLD Announces the Retirement of Chief Branch Operations Officer<br> Page 2**

***Cautionary Note Regarding Forward-looking Information***

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the anticipated timing of Mr. Dyer's retirement and the Company's succession planning process. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. These "forward-looking statements" represent the Company's current expectations or beliefs concerning future events. Statements other than those of historical fact, as well as those identified by words such as "anticipate," "estimate," intend," "plan," "expect," "project," "believe," "may," "will," "should," "would," "could," "probable" and any variation of the foregoing and similar expressions are forward-looking statements. Such forward-looking statements are inherently subject to risks and uncertainties. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements include the following: changes in Mr. Dyer's retirement plans and the Company's ability to attract or retain key personnel to fill Mr. Dyer's role.

These and other factors are discussed in greater detail in Part I, Item 1A,"Risk Factors" in the Company's most recent annual report on Form 10-K for the fiscal year ended March 31, 2025, as filed with the SEC and the Company's other reports filed with, or furnished to, the SEC from time to time. World Acceptance Corporation does not undertake any obligation to update any forward-looking statements it makes. The Company is also not responsible for updating the information contained in this press release beyond the publication date, or for changes made to this document by wire services or Internet services.

-END-