Sale of 40,000 CACC shares planned via UBS Securities (CACC)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A holder of Credit Acceptance Corporation common stock filed notice to sell 40,000 shares under Rule 144. The planned sale, through UBS Securities LLC on NASDAQ, is tied to an aggregate market value of $20,000,000 and is targeted around February 4, 2026.
The shares relate to common stock, with 10,680,143 shares outstanding noted as context. The 40,000 shares were originally acquired on September 11, 2011 as a GRAT remainder from founder shares, with the same date shown for payment and nature of payment.
Positive
- None.
Negative
- None.
FAQ
What does this Form 144 filing mean for CACC?
The filing shows a holder plans to sell 40,000 CACC common shares under Rule 144. The proposed sale, valued at $20,000,000, would be executed through UBS Securities LLC on NASDAQ, subject to normal market conditions and regulatory requirements.