World Acceptance Corporation has announced a new compensation plan as part of its long-term incentive program. On June 10, 2025, the company's Compensation and Stock Option Committee approved grants of service-based restricted stock awards and service- and performance-based restricted stock awards under the 2017 Stock Incentive Plan. The Performance Shares are tied to a trailing earnings per share target of $18.40, measured quarterly starting from September 30, 2025, and are set to vest over a period ending on March 31, 2027. Restricted Stock awards will vest in two equal annual installments beginning on December 1, 2026. Key executives receiving these awards include R. Chad Prashad with 8,000 Performance Shares and 28,000 shares of Restricted Stock, and John L. Calmes, Jr. with 6,000 Performance Shares and 16,000 shares of Restricted Stock, among others.
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