Affiliate sale: CACC (NASDAQ: CACC) notices sale of 3,500 shares
Rhea-AI Filing Summary
Chemical Financial affiliate notifies proposed sale of 3,500 shares of common stock. The notice lists an option-based sale slated for 04/21/2026 (option granted 12/30/2020) to be executed through Fidelity Brokerage Services LLC for cash. The filing also itemizes multiple cash sales by Daniel A. Ulatowski and the D.& B. Ulatowski Living Trust between 01/30/2026 and 04/17/2026, including several trades of thousands of shares with per-trade proceeds recorded in the excerpt.
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Insights
Form 144 lists a proposed option-derived sale and prior open-market dispositions by the same reporting parties.
The notice documents a planned sale of 3,500 common shares on 04/21/2026, identified as arising from an option granted on 12/30/2020, and executed through Fidelity Brokerage Services LLC.
Prior cash transactions by the reporting person and a related trust from 01/30/2026 through 04/17/2026 are itemized with share counts and gross proceeds; these entries provide transaction history but do not itself change governance or capital structure.
Listed trades are routine affiliate dispositions rather than corporate actions affecting outstanding shares.
The excerpt records multiple cash sales (examples show trades of 4,062 and 3,500 shares) with corresponding proceeds; plan or proceeds usage is not described in the excerpt.
Market impact depends on execution timing and price; subsequent SEC filings or trading reports would show realized volumes and prices.