Filing Details
- Accession Number:
- 0000885550-24-000043
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-19 16:22:02
- Reporting Period:
- 2024-03-15
- Accepted Time:
- 2024-03-19 16:22:02
- 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 |
|---|---|---|---|---|---|---|---|
| 1777743 | Jonathan Lum | 25505 West Twelve Mile Road Southfield MI 48034-8334 | Chief Operating 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 | 2024-03-15 | 2,500 | $333.94 | 10,661 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-15 | 2,300 | $549.57 | 8,361 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-15 | 200 | $551.10 | 8,161 | 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 |
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 | 2024-03-15 | 2,500 | $0.00 | 2,500 | $333.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 37,500 | 2026-12-30 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $549.19 to $549.80, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.06 to $551.14, inclusive.
- The option, initially representing the right to purchase 40,000 shares, is exercisable in four equal installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.
Billionaire Hedge Funds
