CACC - Credit Acceptance Corp
Insider Sale by Lum Jonathan (COO)
Loading data...
Trade Summary
4 days ago, Lum Jonathan, serving as COO at Credit Acceptance Corp (CACC), sold 4,000 shares at $550.00 per share, for a total transaction value of $2,200,000.00. Following this transaction, Lum Jonathan now holds 31,609 shares of CACC.
This sale represents a 11.00% decrease in Lum Jonathan'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
$550.00
Quantity
4,000
Total Value
$2,200,000.00
Shares Owned
31,609
Trade Date
4 days ago
SEC Filing Date
Filed 2 days after trade
Discussion