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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

Date of Report (Date of earliest event reported) August 17, 2023

Commission File Number:  000-19599

WORLD ACCEPTANCE CORPORATION
(Exact name of registrant as specified in its charter.)
South Carolina
 57-0425114
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number)
104 South Main Street, Suite 400
Greenville,South Carolina29601
(Address of principal executive offices)
(Zip Code)
(864)298-9800
(registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, no par valueWRLDThe NASDAQ Stock Market LLC
(NASDAQ Global Select Market)

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 (see General Instruction A.2. below):

☐           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))
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.☐



Item 5.07Submission of Matters to a Vote of Security Holders.

World Acceptance Corporation (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting") on August 16, 2023. Of the 6,240,497 shares outstanding and entitled to vote, 5,736,465 shares were represented at the Annual Meeting, which constituted a quorum. At the Annual Meeting the Company's shareholders voted on the matters disclosed in the Company's definitive Proxy Statement of Schedule 14A filed with the Securities and Exchange Commission on July 17, 2023 (the "Proxy Statement"). The final results of voting for each matter submitted to a vote of shareholders at the Annual Meeting are as follows:
 
Proposal 1 — Election of Directors 

Elected the following seven individuals to serve as members of the Company's Board of Directors for a term of one year expiring at the Annual Meeting of Shareholders in 2024, or until their respective successors have been duly elected and qualified:
Votes Cast ForVotes WithheldBroker Non-Votes
Ken R. Bramlett, Jr.5,300,345 165,659 270,461 
R. Chad Prashad5,417,810 48,194 270,461 
Scott J. Vassalluzzo5,110,786 355,218 270,461 
Charles D. Way5,324,533 141,471 270,461 
Darrell E. Whitaker5,386,744 79,260 270,461 
Elizabeth R. Neuhoff5,438,712 27,292 270,461 
Benjamin E. Robinson III5,436,764 29,240 270,461 
 
Proposal 2 — Advisory Vote on Executive Compensation

Approved, on an advisory basis, the executive compensation paid to the Company's named executive officers as disclosed in the Proxy Statement:
ForAgainstAbstainBroker Non-Votes
5,417,11719,01929,868270,461

Proposal 3 — Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation

Determined, on an advisory basis, the frequency of future advisory votes on the compensation of our named executive officers:

Every 1 YearEvery 2 YearsEvery 3 YearsAbstainBroker Non-Votes
5,142,49214,290297,08212,140270,461

As a result of the vote on Proposal 3, the Company intends to include a non-binding advisory shareholder vote to approve the compensation paid to its named executive officers every year until the next required vote on the frequency of shareholder votes on the compensation of named executive officers. The Company is required to hold a vote on frequency every six years.

Proposal 4 — Ratification of Appointment of Independent Registered Public Accounting Firm

Ratified the appointment of RSM US LLP as The Company's independent registered public accounting firm for the year ending March 31, 2024:
ForAgainstAbstainBroker Non-Votes
5,711,3741,49623,595—

1


SIGNATURES
 
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.
 
WORLD ACCEPTANCE CORPORATION
By: /s/ R. Chad Prashad
R. Chad Prashad
President and Chief Executive Officer
Date: August 17, 2023

2
v3.23.2
Cover Page Cover Page
Aug. 04, 2020
Cover [Abstract]  
Document Type 8-K
Document Period End Date Aug. 17, 2023
Entity File Number 000-19599
Entity Registrant Name WORLD ACCEPTANCE CORP
Entity Incorporation, State or Country Code SC
Entity Tax Identification Number 57-0425114
Entity Address, Address Line One 104 South Main Street, Suite 400
Entity Address, City or Town Greenville,
Entity Address, State or Province SC
Entity Address, Postal Zip Code 29601
City Area Code (864)
Local Phone Number 298-9800
Title of 12(b) Security Common Stock, no par value
Trading Symbol WRLD
Security Exchange Name NASDAQ
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0000108385
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