Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-08-19

World Acceptance (WRLD)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,713,430
R. Chad Prashad total, FY2026
Former President and Chief Executive Officerhighest-paid officer; CEO J. Tobin Turner: $2,961,396
CEO (J. Tobin Turner) pay percentile vs peers
136:1
CEO-to-median pay ratio
80.62%
Say-on-pay support, latest vote
Companies that benchmark against WRLD
8 companies name WRLD as a compensation peer

Each company listed discloses WRLD in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named WRLD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
R. Chad Prashad$890,400$0$5,680,440$0$0$89,828$52,762$6,713,430
Former President and Chief Executive Officer
John Calmes Jr.554,13103,471,3800062,12449,6674,137,302
Executive Vice President, Chief Financial and Strategy Officer and Treasurer
J. Tobin Turner364,66202,564,63500032,0992,961,396
Executive Vice President, Chief Operating Officer (Current Principal Executive Officer)
Luke Umstetter385,00002,366,85000050,8492,802,699
Senior Vice President, General Counsel, Chief Compliance Officer and Secretary
D. Clinton Dyer518,91801,735,6900027,83995,2992,377,746
Former Executive Vice President and Chief Branch Operations Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
R. Chad Prashad$6,713,430$2,276,080$965,737+4,437,350
John Calmes Jr.4,137,302
J. Tobin Turner2,961,396
Luke Umstetter2,802,699
D. Clinton Dyer2,377,7461,344,334572,474+1,033,412

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John Calmes Jr.See remarks2026-07-30D2,000$186$372,000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
D. Clinton DyerRSU2025-06-108,000$1,262,320
J. Tobin TurnerRSU2025-06-101,800284,022
John Calmes Jr.RSU2025-06-106,000946,740
J. Tobin TurnerRSU2026-02-172,500336,625
J. Tobin TurnerRSU2025-06-107,2001,136,088
R. Chad PrashadRSU2025-06-1028,0004,418,120
John Calmes Jr.RSU2025-06-1016,0002,524,640
J. Tobin TurnerRSU2026-02-176,000807,900
D. Clinton DyerRSU2025-06-103,000473,370
Luke UmstetterRSU2025-06-103,000473,370
R. Chad PrashadRSU2025-06-108,0001,262,320
Luke UmstetterRSU2025-06-1012,0001,893,480
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
D. Clinton Dyer$1,735,690$0$00.0%
J. Tobin Turner2,564,635000.0%
John Calmes Jr.3,471,380000.0%
R. Chad Prashad5,680,440000.0%
Luke Umstetter2,366,850000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
R. Chad PrashadPSU8,000$1,080,320
R. Chad PrashadRSU28,0003,781,120
John Calmes Jr.RSU16,0002,160,640
Luke UmstetterRSU12,0001,620,480
J. Tobin TurnerPSU4,300580,672
J. Tobin TurnerRSU13,2001,782,528
John Calmes Jr.PSU6,000810,240
Luke UmstetterPSU3,000405,120
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's fiscal 2026 executive compensation program was intended to (i) provide competitive compensation to attract and retain highly talented executives; (ii) align the interests of executives and shareholders; and (iii) motivate executives to achieve and surpass the long-term goals of the Company to increase shareholder value.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-08-192,947,606708,46222,91780.62%Passed
20252025-08-204,459,675114,63412,93297.49%Passed
20242024-08-214,646,68617,61824,71199.62%Passed
20242024-08-214,646,68617,61824,71199.62%Passed
20232023-08-165,417,11719,01929,86899.65%Passed
20222022-08-174,580,22839,99327,28499.13%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-08-1980.62%a
20252025-08-2097.49%b
20242024-08-2199.62%c

a. Approved under the standard stated in the filing — “Abstentions and "broker non-votes," if any, are not counted as shares voted and will have no effect on the outcome of this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and "broker non-votes," if any, are not counted as shares voted and will have no effect on the outcome of this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and "broker non-votes" will not be deemed to be shares voted and thus will have no effect on the outcome of Proposals 1, 2, and 3.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)136 : 1
CEO total compensation$6,713,430
Median employee compensation$49,372
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ken R. Bramlett JrIndependent · Board Chair · Audit and Compliance · Compensation and Stock Option (Chair) · Nominating and Corporate Governance$110,000$315,580$0$0$425,580
Charles D. WayIndependent · Audit and Compliance (Chair) · Compensation and Stock Option110,000315,58000425,580
Benjamin E. Robinson IIIIndependent · Audit and Compliance88,000315,58000403,580
Elizabeth R. NeuhoffIndependent · Compensation and Stock Option88,000315,58000403,580
Darrell E. WhitakerIndependent · Audit and Compliance · Nominating and Corporate Governance88,000315,58000403,580
Scott J. VassalluzzoIndependent · Compensation and Stock Option · Nominating and Corporate Governance (Chair)99,0000099,000
R. Chad PrashadEmployee director · Not standing for re-election · Departed during FY00000
09

Board fee structure and ownership guideline

Annual cash retainer$88,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)22,000 / 11,000 / 11,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$583,000
Equity awards (grant-date value)$1,577,900
All other compensation$0
Total cost of the board$2,160,900

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1World Acceptance2026J. Tobin Turner$364,662$2,564,635$0$0$2,961,396

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, R. Chad PrashadDEF 14A2026-07-220000108385-26-000029Section “2026 Summary Compensation Table”. As printed: 6,713,430. Filing ↗machine: r2 · c27 · span 359917–359926
2Section 01, John Calmes Jr.DEF 14A2026-07-220000108385-26-000029Section “2026 Summary Compensation Table”. As printed: 4,137,302. Filing ↗machine: t32 · span 367595–367604
3Section 01, J. Tobin TurnerDEF 14A2026-07-220000108385-26-000029Section “2026 Summary Compensation Table”. As printed: 2,961,396. Filing ↗machine: r18 · c27 · span 390709–390718
4Section 01, Luke UmstetterDEF 14A2026-07-220000108385-26-000029Section “2026 Summary Compensation Table”. As printed: 2,802,699. Filing ↗machine: r14 · c27 · span 382999–383008
5Section 01, D. Clinton DyerDEF 14A2026-07-220000108385-26-000029Section “2026 Summary Compensation Table”. As printed: 2,377,746. Filing ↗machine: r10 · c27 · span 375302–375311
6Section 03, D. Clinton Dyer RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r17 · c5 · span 432945–432954
7Section 03, J. Tobin Turner RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards for Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: t34 · r25 · c6 · span 438500–438507
8Section 03, John Calmes Jr. RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r10 · c6 · span 428365–428372
9Section 03, J. Tobin Turner RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r29 · c5 · span 442002–442009
10Section 03, J. Tobin Turner RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r27 · c5 · span 439702–439711
11Section 03, R. Chad Prashad RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r6 · c5 · span 425916–425925
12Section 03, John Calmes Jr. RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r12 · c5 · span 429568–429577
13Section 03, J. Tobin Turner RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r28 · c5 · span 440669–440676
14Section 03, D. Clinton Dyer RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r15 · c6 · span 431743–431750
15Section 03, Luke Umstetter RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r20 · c6 · span 435122–435129
16Section 03, R. Chad Prashad RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r4 · c6 · span 424711–424720
17Section 03, Luke Umstetter RSUDEF 14A2026-07-220000108385-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t34 · r22 · c5 · span 436325–436334
18Section 07, pay ratioDEF 14A2026-07-220000108385-26-000029Section “CEO Pay Ratio”. As printed: 136 : 1. Filing ↗machine: span 129615–129621
19Section 08, Ken R. Bramlett JrDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 425,580. Filing ↗machine: t46 · r2 · c5 · span 690378–690386
20Section 08, Charles D. WayDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 425,580. Filing ↗machine: t46 · r4 · c5 · span 693398–693405
21Section 08, Benjamin E. Robinson IIIDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 403,580. Filing ↗machine: t46 · r7 · c5 · span 697941–697948
22Section 08, Elizabeth R. NeuhoffDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 403,580. Filing ↗machine: t46 · r6 · c5 · span 696423–696430
23Section 08, Darrell E. WhitakerDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 403,580. Filing ↗machine: t46 · r5 · c5 · span 694910–694917
24Section 08, Scott J. VassalluzzoDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 99,000. Filing ↗machine: t46 · r3 · c1 · span 690896–690902
25Section 08, R. Chad PrashadDEF 14A2026-07-220000108385-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, John Calmes Jr. 2026-07-30Form 42026-07-310001593516-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
27Section 06, 2026 voteForm 8-K2026-08-190000108385-26-000039Item 5.07 · say-on-pay result. As reported: 80.62% (votes for as printed: 2,947,606). Filing ↗
28Section 06, 2025 voteForm 8-K2025-08-220000108385-25-000081Item 5.07 · say-on-pay result. As reported: 97.49% (votes for as printed: 4,459,675). Filing ↗
29Section 06, 2024 voteForm 8-K2024-08-220000108385-24-000041Item 5.07 · say-on-pay result. As reported: 99.62%. Filing ↗
30Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 583,000 + equity 1,577,900 + all other 0 = 2,160,900, summed across the director compensation table rows.machine: formula: Σ = 2,160,900
33World Acceptance (subject), Section 10b CEO totalDEF 14A2026-07-220000108385-26-000029CEO total compensation as printed in World Acceptance's own proxy. As printed: 2,961,396. Filing ↗machine: r18 · c27 · span 390709–390718