FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

1. Name and Address of Reporting Person *

Walthall Leonard L.

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/28/2019 

3. Issuer Name and Ticker or Trading Symbol

AMERICAS CARMART INC [CRMT]

(Last)        (First)        (Middle)

C/O AMERICA'S CAR-MART, INC., 802 SOUTHEAST PLAZA AVE., SUITE 200

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

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Operating Officer /

(Street)

BENTONVILLE, AR 72712      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

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

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 10000.88 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) 8/21/2019 8/21/2024 Common Stock 1000 $41.86 D  
Employee Stock Option (right to buy)  (2)11/20/2024 Common Stock 8000 $50.25 D  
Employee Stock Option (right to buy) 5/22/2020 5/22/2025 Common Stock 1875 $53.02 D  
Employee Stock Option (right to buy) 3/2/2021 3/2/2026 Common Stock 15000 $26.37 D  

Explanation of Responses:
(1) Includes 10,000 shares of restricted stock which will vest in their entirety on March 1, 2028, and 0.88 share held by the reporting person under the America's Car-Mart, Inc. Employee Stock Purchase Plan.
(2) The remaining shares underlying this option vest in two annual installments of 3,000 shares and 5,000 shares, respectively. The first installment of 3,000 shares vested on November 20, 2018.

Remarks:
Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Walthall Leonard L.
C/O AMERICA'S CAR-MART, INC.
802 SOUTHEAST PLAZA AVE., SUITE 200
BENTONVILLE, AR 72712


Chief Operating Officer

Signatures
/s/ Courtney C. Crouch, III, Pursuant to a Power of Attorney9/4/2019
**Signature of Reporting PersonDate

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