Insider Sale by Elliott Nicholas J (Chief Transformation Officer)
Trade Summary
4 days ago, Elliott Nicholas J, serving as Chief Transformation Officer at CREDIT ACCEPTANCE CORP (CACC), sold 4,670 shares at $607.60 per share, for a total transaction value of $2,837,490.02. Following this transaction, Elliott Nicholas J now holds 20,897 shares of CACC.
This sale represents a 18.27% 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, June 24, 2026 and publicly disclosed via SEC Form 4 filing on Friday, June 26, 2026 at 4:03 PM ET, 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
$607.60
Quantity
4,670
Total Value
$2,837,490.02
Shares Owned
20,897
Trade Date
4 days ago
SEC Filing Date
at 4:03 PM ET
Filed 2 days after trade
Discussion