Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13D
(Amendment
No. 5)*
America’s
Car-Mart, Inc.
(Name
of
Issuer)
Common
Stock, $.01 par value
(Title
of
Class of Securities)
228359
10 5
(CUSIP
Number)
Terry
F. Schwartz, Esq.
Smith,
Gambrell & Russell, LLP
Suite
3100, Promenade II
1230
Peachtree Street, N.E.
Atlanta,
Georgia 30309-3592
(404)
815-3500
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
March
31,
2007
(Date
of
Event which Requires Filing of this Statement)
If
the
filing person has previously filed a statement on Schedule 13G to report
the
acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of § § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. o
*
The
remainder of this cover page shall be filled out for a reporting person’s
initial filing on this form with respect to the subject class of securities,
and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The
information required on the remainder of this cover page shall not be deemed
to
be “filed” for the purpose of Section 18 of the Securities and Exchange Act of
1934 (“Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes.)
(Continued
on following page(s))
|
CUSIP
No. 228359 10 5
|
13D
|
Page
2 of 4
Pages
|
|
1.
|
NAME
OF REPORTING PERSON
SS
OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Robert
J. Kehl
|
||
|
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
o
b)
o
|
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3.
|
SEC
USE ONLY
|
||
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4.
|
SOURCE
OF FUNDS*
OO
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5.
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS
2(d) or 2(e) o
|
||
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6.
|
CITIZENSHIP
OF PLACE OF ORGANIZATION
United
States
|
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|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7.
|
SOLE
VOTING POWER
477,800
|
|
|
8.
|
SHARED
VOTING POWER
0
|
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9.
|
sole
dispositive power
477,800
|
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10.
|
SHARED
DISPOSITIVE POWER
0
|
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11.
|
ADDREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
477,800
|
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12.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* o
|
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13.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.0%
|
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14.
|
TYPE
OF REPORTING PERSON*
IN
|
||
AMENDMENT
NO. 5 TO
SCHEDULE
13D OF ROBERT J. KEHL
| Item 1. |
Security
and Issuer.
|
This
filing relates to the ownership of shares of the $.01 par value common stock
(“Common Stock”) of America’s Car-Mart, Inc., a Texas corporation (the
“Issuer”), whose principal executive offices are located at 802 Southeast Plaza
Avenue, Suite 200, Bentonville, Arkansas 72712.
| Item 2. |
Identity
and Background.
|
This
amendment is filed to update the beneficial ownership information contained
in
this schedule. During the period between the last amendment to this schedule
(filed August 29, 2006) and this Amendment No. 5, the reporting person, Robert
J. Kehl, has from time to time sold shares of the Issuer’s common stock, thereby
reducing his holdings and percentage of ownership. Robert J. Kehl is a citizen
of the United States whose residence address is 780 Mount Carmel, Dubuque,
Iowa
52003. Robert J. Kehl is a former director of the Issuer.
Mr.
Kehl
has not been convicted in a criminal proceeding during the last five years
nor
has he, during the last five years, been a party to a civil proceeding of
a
judicial or administrative body of competent jurisdiction which resulted
in a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
| Item 3. |
Source
and Amount of Funds or Other Consideration.
|
Not
applicable.
| Item 4. |
Purpose
of Transaction.
|
Not
applicable.
| Item 5. |
Interest
of Securities of the Issuer.
|
As
of
September 5, 2007, Mr. Kehl owns 477,800 shares of the Issuer’s Common Stock,
and the Kehl Family Foundation, of which Mr. Kehl is a director, owns no
shares
of the Issuer’s Common Stock. In March 2007, Mr. Kehl ceased to be the
beneficial owner of more than five percent of the Issuer’s Common
Stock.
Mr.
Kehl
has not effected any transactions in the Issuer’s Common Stock during the past
60 days.
| Item 6. |
Contracts,
Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
|
There
are
no contracts, arrangements, understandings or relationships (legal or otherwise)
between Mr. Kehl and any other person with respect to any securities of the
Issuer.
| Item 7. |
Materials
to be Filed as Exhibits.
|
Not
applicable.
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I certify
that
the information set forth in this statement is true, complete and
correct.
|
Date:
September 7, 2007
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|||
|
/s/
Robert J.
Kehl
|
|||
|
Robert
J. Kehl
|