Filing Details

Accession Number:
0000885550-24-000022
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-06 16:08:51
Reporting Period:
2024-02-02
Accepted Time:
2024-02-06 16:08:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
885550 Credit Acceptance Corp CACC Personal Credit Institutions (6141) 381999511
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1871883 J Erin Kerber 25505 West Twelve Mile Road
Southfield MI 48034
Chief Legal Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-02-02 4,875 $333.94 7,620 No 4 M Direct
Common Stock Disposition 2024-02-02 675 $582.15 6,945 No 4 S Direct
Common Stock Disposition 2024-02-02 1,570 $583.97 5,375 No 4 S Direct
Common Stock Disposition 2024-02-02 608 $585.57 4,767 No 4 S Direct
Common Stock Disposition 2024-02-02 948 $586.91 3,819 No 4 S Direct
Common Stock Disposition 2024-02-02 657 $588.13 3,162 No 4 S Direct
Common Stock Disposition 2024-02-02 417 $588.78 2,745 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2024-02-02 4,875 $0.00 4,875 $333.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,625 2026-12-30 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 219 Indirect By 401(k) Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (right to buy) $454.11 2027-06-28 15,500 15,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-06-28 15,500 15,500 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $582.08 to $582.57, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $583.77 to $584.65, inclusive.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $585.55 to $586.46, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $586.59 to $587.55, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.61 to $588.58, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $588.61 to $589.16, inclusive.
  7. Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of February 2, 2024, according to the Plan trustee.
  8. The option, initially representing the right to purchase 19,500 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
  9. The option, initially representing the right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which was the first anniversary of the date on which the option was granted.