Nicholas Financial (NICK) director Peterson bought 66,896 shares for $735K at $10.98

Insider transactions reported

Adam K Peterson (director at Nicholas Financial Inc., NICK) reported that they bought 66,896 shares for $735K at $10.98 between Jun 4, 2021 and Jun 7, 2021. After these transactions the filing shows 2,165,289 shares held directly.

Reporting person

Peterson Adam K

Holdings before and after

• Common Stock: 2,098,393 to 2,165,289 direct

Footnotes from the filing

1. 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. 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. 3. Mr. Peterson serves as a director of the Issuer.
4. 4. This transaction was executed in multiple trades at prices ranging from $10.75 to $11.00. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Transaction codes in this filing

Open-market purchase:

Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

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