CACC - Credit Acceptance Corp
Insider Sale by Elliott Nicholas J (Chief Transformation Officer)
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Trade Summary
4 days ago, Elliott Nicholas J, serving as Chief Transformation Officer at Credit Acceptance Corp (CACC), sold 1,672 shares at $551.61 per share, for a total transaction value of $922,295.00. Following this transaction, Elliott Nicholas J now holds 21,219 shares of CACC.
This sale represents a 7.00% decrease in Elliott Nicholas J's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, May 6, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 8, 2026, 2 days after the trade was made.
Credit Acceptance Corp operates in the FINANCIAL SERVICES sector, specifically within the CREDIT SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$551.61
Quantity
1,672
Total Value
$922,295.00
Shares Owned
21,219
Trade Date
4 days ago
SEC Filing Date
Filed 2 days after trade
Discussion