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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Stephens Group, LLC (Last) (First) (Middle) 100 RIVER BLUFF DRIVE SUITE 500 (Street) LITTLE ROCK AR 72202 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CONNS INC [ CONN ]	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) 05/24/2024
	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
	Rule 10b5-1(c) Transaction Indication Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								4,217,873	I	See Footnote(1)
Common Stock								72,493	I	By W.R. Stephens, Jr. Revocable Trust(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (Right to Buy)	$2.794	05/24/2024		P(3)		672,739		05/24/2024(4)	05/24/2024	Common Stock(3)	672,739	$0	672,739	D

1. Name and Address of Reporting Person* Stephens Group, LLC (Last) (First) (Middle) 100 RIVER BLUFF DRIVE SUITE 500 (Street) LITTLE ROCK AR 72202 (City) (State) (Zip)

1. Name and Address of Reporting Person* SG-1890, LLC (Last) (First) (Middle) 100 RIVER BLUFF DRIVE SUITE 500 (Street) LITTLE ROCK AR 72202 (City) (State) (Zip)

1. Name and Address of Reporting Person* CAMPBELL ELIZABETH STEPHENS (Last) (First) (Middle) 100 RIVER BLUFF DRIVE SUITE 500 (Street) LITTLE ROCK AR 72202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Stephens W. R. Jr. (Last) (First) (Middle) 100 RIVER BLUFF DRIVE SUITE 500 (Street) LITTLE ROCK AR 72202 (City) (State) (Zip)

Explanation of Responses:

1. The shares are held by SG-1890, LLC ("SG-1890"). The Stephens Group, LLC ("The Stephens Group") is the sole manager and has voting and dispositive power over the shares held by SG-1890. Investment and voting decisions with respect to the shares beneficially owned by The Stephens Group are made by W.R. Stephens, Jr. and Elizabeth S. Campbell, acting as managers. Mr. Stephens and Ms. Campbell may be deemed to possess voting and dispositive control over the shares held by SG-1890.

2. W.R. Stephens, Jr. acts as Trustee of W.R. Stephens, Jr. Revocable Trust.

3. The shares listed represent the right to demand issuance of a warrant to acquire 672,739 shares of Common Stock at an exercise price of $2.794. The warrant is to be issued in conjunction with the Issuer's draw upon the Delayed Draw Term Loan and Security Agreement dated July 31, 2023, as amended (the "DDTL"). The class of shares and number of shares issuable upon exercise are subject to change pursuant to the terms of the DDTL.

4. The warrant will be exercisable from and after the date issued.

	The Stephens Group, LLC, /s/ William W. Kilgroe, General Counsel	05/29/2024
	SG-1890, LLC, /s/ William W. Kilgroe, Attorney-in-Fact	05/29/2024
	Elizabeth S. Campbell, /s/ William W. Kilgroe, Attorney-in-Fact	05/29/2024
	W.R. Stephens, Jr., /s/ William W. Kilgroe, Attorney-in-Fact	05/29/2024
	** 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).
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