World Acceptance Corporation
US ˙ NasdaqGS ˙ US9814191048

Introduction

This page provides a comprehensive analysis of the known insider trading history of A A Iii Mclean. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate A A Iii Mclean has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:WRLD / World Acceptance Corporation CHAIRMAN & CEO, Director 151,191
US:IEBS / Independence Bancshares, Inc. (SC) Director 22,500
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by A A Iii Mclean. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases WRLD / World Acceptance Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in WRLD / World Acceptance Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

WRLD / World Acceptance Corporation Insider Trades
Insider Sales WRLD / World Acceptance Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in WRLD / World Acceptance Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2014-05-22 WRLD MCLEAN A A III 4,995 80.0000 4,995 80.0000 399,600 153 66.1700 -69,081 -17.29
2013-03-06 WRLD MCLEAN A A III 1,933 79.0700 1,933 79.0700 152,842
2013-03-05 WRLD MCLEAN A A III 2,162 79.0010 2,162 79.0010 170,800
2013-02-28 WRLD MCLEAN A A III 10,366 79.0140 10,366 79.0140 819,059
2013-02-25 WRLD MCLEAN A A III 5,334 79.0680 5,334 79.0680 421,749
2013-02-21 WRLD MCLEAN A A III 1,200 79.0010 1,200 79.0010 94,801
2013-02-20 WRLD MCLEAN A A III 2,704 79.5280 2,704 79.5280 215,044
2013-02-20 WRLD MCLEAN A A III 1,301 80.0950 1,301 80.0950 104,204
2012-12-19 WRLD MCLEAN A A III 3,852 72.4700 3,852 72.4700 279,154
2012-02-21 WRLD MCLEAN A A III 15,761 65.0500 15,761 65.0500 1,025,253
2012-02-17 WRLD MCLEAN A A III 6,784 65.0530 6,784 65.0530 441,320
2012-01-31 WRLD MCLEAN A A III 11,592 64.0000 11,592 64.0000 741,888

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

WRLD / World Acceptance Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by A A Iii Mclean as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2015-10-02 2015-09-30 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		F - Taxes -7,214 151,191 -4.55
2015-05-04 2015-04-30 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		F - Taxes -5,496 158,405 -3.35 84.62 -465,072 13,404,231
2014-12-15 2014-12-11 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -1,200 163,901 -0.73
2014-05-23 2014-05-22 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -4,995 165,101 -2.94 80.00 -399,600 13,208,080
2014-05-01 2014-04-30 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		F - Taxes -1,794 170,096 -1.04 72.60 -130,244 12,348,970
2013-12-30 2013-12-27 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		J - Other 954 171,890 0.56
2013-12-10 2013-12-10 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -1,380 170,936 -0.80
2013-11-08 2013-11-07 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		F - Taxes -801 172,316 -0.46 87.59 -70,160 15,093,158
2013-08-06 2013-08-06 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -520 173,117 -0.30
2013-05-06 2013-05-03 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -290 173,637 -0.17
2013-05-01 2013-04-30 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		F - Taxes -2,510 173,927 -1.42 88.86 -223,039 15,455,153
2013-03-06 2013-03-06 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -1,933 176,437 -1.08 79.07 -152,842 13,950,874
2013-03-06 2013-03-05 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -2,162 178,370 -1.20 79.00 -170,800 14,091,408
2013-03-04 2013-02-28 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -10,366 180,532 -5.43 79.01 -819,059 14,264,555
2013-02-27 2013-02-25 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -5,334 190,898 -2.72 79.07 -421,749 15,093,923
2013-02-22 2013-02-21 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -1,200 196,232 -0.61 79.00 -94,801 15,502,524
2013-02-22 2013-02-20 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -1,301 197,432 -0.65 80.10 -104,204 15,813,316
2013-02-22 2013-02-20 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -2,704 198,733 -1.34 79.53 -215,044 15,804,838
2013-02-05 2013-02-05 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		A - Award 50,000 201,437 33.02
2013-01-03 2012-12-31 4 IEBS Independence Bancshares, Inc.
Common Stock 		P - Purchase 22,500 22,500 0.80 18,000 18,000
2013-01-03 2012-12-31 4 IEBS Independence Bancshares, Inc.
Common Stock 		P - Purchase 22,500 22,500 0.80 18,000 18,000
2013-01-03 2012-12-31 4 IEBS Independence Bancshares, Inc.
Common Stock 		P - Purchase 205,000 215,000 2,050.00 0.80 164,000 172,000
2012-12-20 2012-12-19 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -251 151,437 -0.17
2012-12-20 2012-12-19 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -3,852 151,688 -2.48 72.47 -279,154 10,992,829
2012-12-18 2012-12-17 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -250 155,540 -0.16
2012-12-18 2012-12-17 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		G - Gift -2,500 155,790 -1.58
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
STOCK OPTION, RIGHT TO BUY 		A - Award 13,000 105,000 14.13 74.08 963,040 7,778,400
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
STOCK OPTION, RIGHT TO BUY 		A - Award 13,000 105,000 14.13 74.08 963,040 7,778,400
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
STOCK OPTION, RIGHT TO BUY 		A - Award 13,000 92,000 16.46 74.08 963,040 6,815,360
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
STOCK OPTION, RIGHT TO BUY 		A - Award 13,000 79,000 19.70 74.08 963,040 5,852,320
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
STOCK OPTION, RIGHT TO BUY 		A - Award 13,000 66,000 24.53 74.08 963,040 4,889,280
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK 		A - Award 34,000 158,290 27.36
2012-12-10 2012-12-07 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK 		A - Award 16,000 124,290 14.78
2012-11-09 2012-11-08 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK 		F - Taxes -1,132 108,290 -1.03 65.68 -74,350 7,112,487
2012-11-09 2012-11-07 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK 		F - Taxes -780 109,422 -0.71 65.81 -51,332 7,201,062
2012-05-01 2012-04-30 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK 		F - Taxes -3,663 110,202 -3.22 66.51 -243,626 7,329,535
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
EMPLOYEE OPTION TO BUY, COMMON STOCK 		M - Exercise -5,000 40,000 -11.11 23.53 -117,650 941,200
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
EMPLOYEE OPTION TO BUY, COMMON STOCK 		M - Exercise -10,000 45,000 -18.18 16.55 -165,500 744,750
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
EMPLOYEE OPTION TO BUY, COMMON STOCK 		M - Exercise -716 55,000 -1.29 8.29 -5,936 455,950
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -15,761 113,865 -12.16 65.05 -1,025,253 7,406,918
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		M - Exercise 5,000 129,581 4.01 23.53 117,650 3,049,041
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		M - Exercise 10,000 124,581 8.73 16.55 165,500 2,061,816
2012-02-21 2012-02-21 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		M - Exercise 716 114,581 0.63 8.29 5,936 949,876
2012-02-17 2012-02-17 4 WRLD WORLD ACCEPTANCE CORP
EMPLOYEE OPTION TO BUY, COMMON STOCK 		M - Exercise -6,784 55,716 -10.85 8.29 -56,239 461,886
2012-02-17 2012-02-17 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		S - Sale -6,784 113,865 -5.62 65.05 -441,320 7,407,260
2012-02-17 2012-02-17 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, NO PAR VALUE 		M - Exercise 6,784 120,649 5.96 8.29 56,239 1,000,180
2012-01-31 2012-01-31 4 WRLD WORLD ACCEPTANCE CORP
COMMON STOCK, No Par Value 		S - Sale -11,592 113,865 -9.24 64.00 -741,888 7,287,360
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)