{"filing":{"accession_number":"0001171843-26-003947","cik":"0000799850","ticker":"CRMT","company_name":"AMERICAS CARMART INC","form":"8-K","filing_date":"2026-06-05","report_date":null,"primary_document":"f8k_060526.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184326003947/f8k_060526.htm"},"events":[{"id":3933,"run_id":3447,"accession_number":"0001171843-26-003947","anchor_item_number":"1.01","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"The Company disclosed anticipated defaults under its Credit Agreement, specifically failures to satisfy financial covenants (minimum liquidity and Collateral Coverage Ratio) and reporting obligations. Lenders granted a forbearance agreement through June 12, 2026, explicitly reserving all rights and remedies.","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05","items":[{"id":4978,"accession_number":"0001171843-26-003947","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company disclosed anticipated defaults under its Credit Agreement, specifically failures to satisfy financial covenants (minimum liquidity and Collateral Coverage Ratio) and reporting obligations. The lenders granted a forbearance agreement through June 12, 2026, explicitly reserving all rights and remedies. This is a covenant breach event that materially affects the Company's financial obligations and credit standing.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":3934,"run_id":3447,"accession_number":"0001171843-26-003947","anchor_item_number":"5.02","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"The Board approved an Employee Retention Program providing cash-based retention awards and nonqualified stock option grants to named executive officers, including CEO Douglas W. Campbell ($1.2M cash plus 190,600 options), CFO Jonathan Collins ($563K cash plus 45,380 options), COO Jamie Fischer ($531K cash plus 50,660 options), and Chief Accounting Officer Vickie D. Judy ($300K cash plus 16,336 options).","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05","items":[{"id":4979,"accession_number":"0001171843-26-003947","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure centers on a Board-approved Employee Retention Program providing cash-based retention awards and nonqualified stock option grants to named executive officers (CEO Douglas W. Campbell receiving $1.2M cash plus 190,600 option shares; CFO Jonathan Collins receiving $563K cash plus 45,380 option shares; COO Jamie Fischer receiving $531K cash plus 50,660 option shares; and Chief Accounting Officer Vickie D. Judy receiving $300K cash plus 16,336 option shares). This is a compensatory arrangement disclosure under Item 5.02(e), distinct from an executive departure or appointment, and is material as it involves significant equity and cash incentives to senior management.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":3935,"run_id":3447,"accession_number":"0001171843-26-003947","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"summary":"A Special Committee is conducting an ongoing strategic review evaluating financing, recapitalization, restructuring, M\u0026A, and other strategic transactions, with engagement of major financial advisors (Houlihan Lokey and FTI Consulting) and active discussions with lenders regarding potential credit agreement amendments.","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05","items":[{"id":4980,"accession_number":"0001171843-26-003947","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The disclosure describes an ongoing strategic review by a Special Committee evaluating financing, recapitalization, restructuring, M\u0026A, and other strategic transactions, with engagement of major financial advisors (Houlihan Lokey and FTI Consulting) and active discussions with lenders regarding potential credit agreement amendments. While this signals material strategic activity and potential financial stress, the disclosure is preliminary and non-specific—no definitive transaction, covenant breach, or going-concern language is disclosed. This falls into \"other_material\" as it represents a material strategic event that does not fit neatly into the more specific categories (ma_activity requires a definitive agreement; covenant_breach requires a triggering event).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":4978,"accession_number":"0001171843-26-003947","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company disclosed anticipated defaults under its Credit Agreement, specifically failures to satisfy financial covenants (minimum liquidity and Collateral Coverage Ratio) and reporting obligations. The lenders granted a forbearance agreement through June 12, 2026, explicitly reserving all rights and remedies. This is a covenant breach event that materially affects the Company's financial obligations and credit standing.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05"},{"id":4979,"accession_number":"0001171843-26-003947","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The disclosure centers on a Board-approved Employee Retention Program providing cash-based retention awards and nonqualified stock option grants to named executive officers (CEO Douglas W. Campbell receiving $1.2M cash plus 190,600 option shares; CFO Jonathan Collins receiving $563K cash plus 45,380 option shares; COO Jamie Fischer receiving $531K cash plus 50,660 option shares; and Chief Accounting Officer Vickie D. Judy receiving $300K cash plus 16,336 option shares). This is a compensatory arrangement disclosure under Item 5.02(e), distinct from an executive departure or appointment, and is material as it involves significant equity and cash incentives to senior management.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05"},{"id":4980,"accession_number":"0001171843-26-003947","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The disclosure describes an ongoing strategic review by a Special Committee evaluating financing, recapitalization, restructuring, M\u0026A, and other strategic transactions, with engagement of major financial advisors (Houlihan Lokey and FTI Consulting) and active discussions with lenders regarding potential credit agreement amendments. While this signals material strategic activity and potential financial stress, the disclosure is preliminary and non-specific—no definitive transaction, covenant breach, or going-concern language is disclosed. This falls into \"other_material\" as it represents a material strategic event that does not fit neatly into the more specific categories (ma_activity requires a definitive agreement; covenant_breach requires a triggering event).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T21:31:11.148718+00:00","company_name":"AMERICAS CARMART INC","ticker":"CRMT","filing_date":"2026-06-05"}]}