Douglas W. Busk - Feb 2, 2024 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief Treasury Officer
Signature
/s/ Douglas W. Busk
Stock symbol
CACC
Transactions as of
Feb 2, 2024
Transactions value $
-$289,990
Form type
4
Date filed
2/6/2024, 04:11 PM
Previous filing
Dec 27, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$290K -500 -13.84% $579.98 3.11K Feb 2, 2024 Direct

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) 41K Feb 2, 2024 Common Stock 41K $333.94 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option, initially representing the right to purchase 46,000 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.