Nicholas J. Elliott - Dec 14, 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief Alignment Officer
Signature
/s/ Nicholas J. Elliott
Stock symbol
CACC
Transactions as of
Dec 14, 2023
Transactions value $
-$373,375
Form type
4
Date filed
12/18/2023, 04:15 PM
Previous filing
Aug 14, 2023
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$373K -725 -46.74% $515.00 826 Dec 14, 2023 Direct
holding CACC Common Stock 290 Dec 14, 2023 By 401(k) Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CACC Employee Stock Option (right to buy) 14K Dec 14, 2023 Common Stock 14K $333.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of December 15, 2023, according to the Plan trustee.
F2 The option, initially representing the right to purchase 15,750 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.