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Sale of 40,000 CACC shares planned via UBS Securities (CACC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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 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.

How many Credit Acceptance (CACC) shares are planned for sale?

The notice covers a proposed sale of 40,000 CACC common shares. These shares were originally acquired on September 11, 2011 via a GRAT remainder from founder shares, with the same date listed for payment and nature of payment.

What is the market value of the CACC shares in this Form 144?

The 40,000 Credit Acceptance common shares are tied to an aggregate market value of $20,000,000. This value is reported alongside an outstanding share count of 10,680,143 shares, giving investors context on the relative size of the planned sale.

When is the planned sale date for these CACC shares?

The filing lists an approximate sale date of February 4, 2026 for the 40,000 CACC common shares. This target date appears with details about the broker, UBS Securities LLC, and indicates the shares are expected to trade on the NASDAQ exchange.

Which broker will handle the sale of CACC shares under this Form 144?

The planned sale will be handled by UBS Securities LLC, listed with its New York address. The filing specifies that trades will occur on NASDAQ and identifies UBS as the broker for executing the 40,000-share transaction valued at $20,000,000.

How and when were the CACC shares in this Form 144 originally acquired?

The 40,000 Credit Acceptance shares were acquired on September 11, 2011 as a GRAT remainder from founder shares. The same date is recorded for payment and the nature of payment, indicating a structured transfer rather than a standard cash purchase.
Credit Accep Corp Mich

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Personal Credit Institutions
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United States
SOUTHFIELD