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Credit Acceptance trust proposes $3.09M share sale

Related trusts are filing separate Forms 144 for aggregate sales of up to 92,737 shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Credit Acceptance Corp (CACC) is named as issuer in a Rule 144 notice proposing a sale by Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson of 5,568 common shares, with an aggregate market value of $3,090,240. UBS Financial Services Inc. is listed as broker, and September 25, 2026 as the approximate sale date. The notice lists 10,380,580 shares outstanding. Todd Watson is identified as trustee and spouse of Jill Foss Watson, a 10% holder. The remarks state that related trusts are filing separate Forms 144 for aggregate sales of up to 92,737 shares.

Positive

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Negative

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Shares proposed for sale 5,568 shares Common shares listed for sale by the trust
Aggregate market value $3,090,240 Value listed for the proposed sale
Shares outstanding 10,380,580 shares Number listed in the notice
Related trusts' aggregate sales Up to 92,737 shares Aggregate sales covered by separate Forms 144
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
GRAT Remainder financial
"GRAT Remainder | Founder's Shares"
Founder's Shares financial
"GRAT Remainder | Founder's Shares"
10% Holder financial
"Jill Foss Watson who is a 10% Holder of CACC"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CACC shares does the trust propose to sell?

Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson proposes to sell 5,568 common shares, with an aggregate market value of $3,090,240. UBS Financial Services Inc. is listed as broker, and September 25, 2026 is the approximate sale date.

How many shares are included in aggregate CACC trust sales?

Related trusts are filing separate Forms 144 for aggregate sales of up to 92,737 shares. The remarks identify sales by Allan Apple as trustee of two remainder trusts and by Todd Watson and Jill Foss Watson as trustees of other trusts for aggregation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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