SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Peterson Adam K

(Last)

(First)

(Middle)

1601 DODGE STREET, SUITE 3300

(Street)

OMAHA

68102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAS CARMART INC [ CRMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/18/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/18/2023		S⁽³⁾		31	D	$120.76	715,324⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		4	D	$124.48	715,320⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		33	D	$124.52	715,287⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		14	D	$123.61	715,273⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		10	D	$118.35	715,263⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		14	D	$120	715,249⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		60	D	$118.2	715,189⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		12	D	$124.48	715,177⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		16	D	$120.35	715,161⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		34	D	$118.41	715,127⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$123.6	715,027⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		56	D	$118.4	714,971⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$118.5	714,871⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		15	D	$118.42	714,856⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		2,365	D	$120	712,491⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		42	D	$118	712,449⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		15	D	$118.42	712,434⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		15	D	$123.63	712,419⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$120.39	712,319⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		10	D	$118.5	712,309⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$124.05	712,209⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		183	D	$118.5	712,026⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$118.47	711,926⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		16	D	$120.36	711,910⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		9	D	$118.39	711,901⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		61	D	$118	711,840⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		100	D	$120.4	711,740⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		3	D	$118.5	711,737⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		15	D	$120.38	711,722⁽¹⁾⁽²⁾	D
Common Stock	07/18/2023		S⁽³⁾		398	D	$118	711,324⁽¹⁾⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

Peterson Adam K

(Last)

(First)

(Middle)

1601 DODGE STREET, SUITE 3300

(Street)

OMAHA

68102

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

MAGNOLIA CAPITAL FUND, LP

(Last)

(First)

(Middle)

1601 DODGE STREET, SUITE 3300

(Street)

OMAHA

68102

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

MAGNOLIA GROUP, LLC

(Last)

(First)

(Middle)

1601 DODGE STREET

SUITE 3300

(Street)

OMAHA

68102

(City)

(State)

(Zip)

Explanation of Responses:

1. The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer.

2. TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.

3. The reporting persons' sale of CRMT common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 384 shares, with the reporting persons' purchase of 384 shares of CRMT common stock at a price of $79.50 per share on May 24, 2023. The reporting persons have paid $17,241.60 to CRMT, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

	Adam K. Peterson	07/20/2023
	Adam K. Peterson on behalf of the Magnolia Capital Fund, LP by its General Partner, The Magnolia Group, LLC	07/20/2023
	Adam K. Peterson, managing member on behalf of The Magnolia Group, LLC	07/20/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4 filed by Peterson Adam K