STOCK TITAN

Erin Kerber to sell 2,937 shares (NASDAQ: CACC) after recent disposals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Erin J. Kerber reported the sale of 2,937 shares of common stock under a Form 144 notice dated 06/25/2026. The filing lists the transaction method as a stock option exercise with cash settlement. The record also shows multiple open-market or other dispositions by the same reporting person during May–June 2026, including a 06/24/2026 sale of 8,656 shares for $5,201,749.95.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the SEC of intended dispositions by an affiliate; it is a regulatory notice rather than a corporate action.

The filing lists a 2,937-share disposition tied to a stock option exercise on 06/25/2026. Form 144s are required when certain affiliates sell restricted or control securities in reliance on exemptions; the notice itself does not confirm completion of sale.

Cash-flow treatment and exact sale venues are not stated in these lines; subsequent trade confirmations or broker records would show execution details.

Form 144 amount 2,937 shares registered for sale on 06/25/2026 via stock option exercise
Recent sale (largest listed) 8,656 shares sold 06/24/2026 for $5,201,749.95
Earlier sale example 1,753 shares sold 05/06/2026 for $967,002.83
Form 144 regulatory
"reported the sale of 2,937 shares under a Form 144 notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Securities To Be Sold | ... | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Cash settlement financial
"2937 | 06/25/2026 | Cash"
Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What did Erin J. Kerber disclose on Form 144 for CACC?

Kerber disclosed a planned disposition of 2,937 shares via a stock option exercise on 06/25/2026. The filing lists prior sales in May–June 2026, including an earlier 06/24/2026 sale of 8,656 shares.

Does Form 144 confirm that the 2,937 shares were sold?

No—the Form 144 is a notice of intended disposition required by regulation. It identifies the planned method (stock option exercise) and date but does not by itself prove settlement or execution of the sale.

How much did Kerber raise from the largest listed sale in the excerpt?

The excerpt shows a 06/24/2026 disposition of 8,656 shares that generated $5,201,749.95. That figure is presented verbatim in the transaction listing in the provided content.

Was the 2,937-share transaction reported as cash or non-cash?

The filing notes the stock option exercise on 06/25/2026 and indicates Cash as the settlement method in the securities-to-be-sold section of the excerpt.

Where can I find execution details for these transactions?

Execution details such as trade confirmations, exact time, and clearing broker records are not in the Form 144 excerpt. Broker statements or subsequent SEC filings would provide final execution confirmation.