Home / Restatements / AMERICAS CARMART INC

5/5AMERICAS CARMART INC (CRMT): Non-reliance / restatement

Filed 2025-07-30 路 Form 8-K 路 Accession 0001171843-25-004811 small

Market data

Price before filing: $49.27 (2025-07-29 close, split/dividend-adjusted)
Market cap at flag: $377.0M (2025-07-30) 路 Latest: $8.7M (2026-10-16)

What happened next

WindowCRMTSPYvs SPY
30 days-9.1%+1.5%-10.6%2025-08-29
90 days-51.2%+8.5%-59.6%2025-10-28
180 days-44.5%+9.7%-54.2%2026-01-26

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $8.7M (4 sales); 1 insider bought $5K (1 purchase)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-06-09Peterson Adam K (+2 joint filers)
10% owner
Sale13,269$55.80$740KnoForm 4
2025-06-10Peterson Adam K (+2 joint filers)
10% owner
Sale53,000$55.49$2.9MnoForm 4
2025-06-11Peterson Adam K (+2 joint filers)
10% owner
Sale45,000$56.28$2.5MnoForm 4
2025-06-11Peterson Adam K (+2 joint filers)
10% owner
Sale43,000$57.57$2.5MnoForm 4
2025-06-17Collins Jonathan M.
Chief Financial Officer
Purchase102$49.30$5KnoForm 4
2025-07-30: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-01 to 2025-08-29. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(the "Company") concluded that certain previously issued financial statements should no longer be relied upon because of omissions in footnote disclosure related to loan modifications made to borrowers experiencing financial difficulty."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Late annual report (NT 10-K)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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