Insider Sale by LUM JONATHAN (Chief Operating Officer)
Trade Summary
4 days ago, LUM JONATHAN, serving as Chief Operating Officer at CREDIT ACCEPTANCE CORP (CACC), sold 6,000 shares at $600.00 per share, for a total transaction value of $3,600,000.00. Following this transaction, LUM JONATHAN now holds 31,609 shares of CACC.
This sale represents a 15.95% 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, June 24, 2026 and publicly disclosed via SEC Form 4 filing on Friday, June 26, 2026 at 4:06 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
$600.00
Quantity
6,000
Total Value
$3,600,000.00
Shares Owned
31,609
Trade Date
4 days ago
SEC Filing Date
at 4:06 PM ET
Filed 2 days after trade
Discussion