STOCK TITAN

Credit Acceptance Executive Plans Stock Sale Following Vesting Period

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

Rhea-AI Filing Summary

Credit Acceptance Corp (NASDAQ: CACC) has filed a Form 144 notice for a proposed sale of securities by an insider. The filing details plans to sell 375 shares of common stock with an aggregate market value of $189,483.75, representing a small portion of the total 11,603,475 shares outstanding.

The shares to be sold were acquired through two restricted stock vesting events:

  • 90 shares vested on October 31, 2023
  • 285 shares vested on April 18, 2024

The planned sale is scheduled for June 20, 2025 through Fidelity Brokerage Services. The securities were originally acquired as compensation through restricted stock vesting. The filing indicates no other sales by the insider in the past 3 months, suggesting this is an isolated transaction rather than part of a larger selling pattern.

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

How many CACC shares are being sold according to the Form 144 filing from June 2025?

According to the Form 144 filing, 375 shares of CACC common stock are proposed to be sold through Fidelity Brokerage Services LLC.

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

The aggregate market value of the shares to be sold is $189,483.75, which represents 375 shares of CACC common stock.

How did the insider acquire the CACC shares being sold?

The shares were acquired through two restricted stock vesting events: 90 shares on October 31, 2023, and 285 shares on April 18, 2024, both received as compensation from the issuer.

What is the total number of CACC shares outstanding according to the June 2025 Form 144?

According to the Form 144 filing, Credit Acceptance Corp (CACC) has 11,603,475 shares outstanding.

When is the planned sale date for the CACC shares in this Form 144?

The approximate date of sale is indicated as June 20, 2025, and the shares will be sold on the NASDAQ exchange through Fidelity Brokerage Services LLC.
Credit Accep Corp Mich

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Credit Services
Personal Credit Institutions
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United States
SOUTHFIELD