Credit Acceptance (CACC) people chief exercises options and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credit Acceptance Corporation’s Chief People Officer, Wendy A. Rummler, reported multiple equity transactions. On January 30, 2026, she exercised employee stock options to acquire 1,173 and 4,063 shares of common stock at an exercise price of $333.94 per share and sold several blocks of shares the same day at weighted average prices between roughly $485.25 and $500.22, as detailed in the footnotes.
After these trades, she directly held 20,772 common shares, before a subsequent January 31, 2026 transaction in which 581.4 shares were withheld at $498.24 to cover tax obligations tied to restricted stock unit vesting, leaving 20,190.6 directly owned shares. She also has indirect ownership of 2,704 and 1,722 common shares through revocable trusts, and continues to hold multiple option awards over additional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,236 shares ($2,583,631)
Net Sell
20 txns
Insider
Rummler Wendy A
Role
Chief People Officer
Sold
5,236 shs ($2.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 581.4 | $498.24 | $290K |
| Exercise | Employee Stock Option (right to buy) | 1,173 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 4,063 | $0.00 | -- |
| Exercise | Common Stock | 1,173 | $333.94 | $392K |
| Sale | Common Stock | 1,173 | $500.22 | $587K |
| Exercise | Common Stock | 4,063 | $333.94 | $1.36M |
| Sale | Common Stock | 1,040 | $485.25 | $505K |
| Sale | Common Stock | 110 | $486.55 | $54K |
| Sale | Common Stock | 280 | $488.36 | $137K |
| Sale | Common Stock | 391 | $489.77 | $192K |
| Sale | Common Stock | 210 | $491.09 | $103K |
| Sale | Common Stock | 567 | $493.03 | $280K |
| Sale | Common Stock | 370 | $493.87 | $183K |
| Sale | Common Stock | 498 | $496.83 | $247K |
| Sale | Common Stock | 425 | $498.16 | $212K |
| Sale | Common Stock | 172 | $499.44 | $86K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,190.6 shares (Direct);
Employee Stock Option (right to buy) — 15,077 shares (Direct);
Common Stock — 2,704 shares (Indirect, By trust.)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.00 to $500.84, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $485.00 to $486.00, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $488.06 to $488.73, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $489.42 to $490.20, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $490.96 to $491.25, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $492.43 to $493.36, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $493.61 to $494.00, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $496.49 to $497.32, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $497.58 to $498.51, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $498.74 to $499.60, inclusive. Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and settlement of restricted stock units to shares of common stock. These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust. These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust. The option, initially representing the right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which was the first anniversary of the date on which the option was granted.
FAQ
What does the latest Form 4 for CACC’s Wendy A. Rummler report?
The Form 4 reports that Chief People Officer Wendy A. Rummler exercised stock options and sold several blocks of Credit Acceptance common stock on January 30, 2026, and had shares withheld on January 31, 2026 to satisfy tax obligations from restricted stock unit vesting.
How many Credit Acceptance (CACC) options did Wendy A. Rummler exercise?
She exercised employee stock options for 1,173 shares and 4,063 shares of Credit Acceptance common stock, each with an exercise price of $333.94 per share, on January 30, 2026, increasing her directly owned share count before subsequent same-day sales reduced it.
At what prices did Wendy A. Rummler sell CACC common stock on January 30, 2026?
She sold multiple blocks of Credit Acceptance common stock at weighted average prices including $500.22, $485.25, $486.55, $488.36, $489.77, $491.09, $493.03, $493.87, $496.83, $498.16, and $499.44 per share, each representing sales executed within stated intraday price ranges.
What stock options does Wendy A. Rummler still hold in Credit Acceptance (CACC)?
Following the January 30, 2026 exercises, she held 15,077 and 11,014 employee stock options with a $333.94 exercise price, plus options for 10,000 shares exercisable in installments through October 6, 2028 and 1,250 shares exercisable from April 28, 2025 to April 28, 2027.