Daniel A. Ulatowski - Aug 7, 2024 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Daniel A. Ulatowski
Stock symbol
CACC
Transactions as of
Aug 7, 2024
Transactions value $
-$944,387
Form type
4
Date filed
8/9/2024, 04:06 PM
Previous filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Sale -$233K -495 -8.25% $470.77 5.51K Aug 7, 2024 By trust. F1, F2
transaction CACC Common Stock Sale -$283K -600 -10.9% $471.76 4.91K Aug 7, 2024 By trust. F2, F3
transaction CACC Common Stock Sale -$236K -500 -10.19% $472.84 4.41K Aug 7, 2024 By trust. F2, F4
transaction CACC Common Stock Sale -$189K -400 -9.08% $473.70 4.01K Aug 7, 2024 By trust. F2, F5
transaction CACC Common Stock Sale -$2.4K -5 -0.12% $480.00 4K Aug 7, 2024 By trust. F2
holding CACC Common Stock 53 Aug 7, 2024 By 401(k) Trust F6

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) 50K Aug 7, 2024 Common Stock 50K $333.94 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $470.41 to $471.33, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
F2 These shares are owned of record by Daniel A. Ulatowski and Barbara Ulatowski, spouse of Mr. Ulatowski, as trustees of the D.&.B. Ulatowski Living Trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $471.48 to $472.06, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $472.565 to $473.13, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $473.64 to $473.82, inclusive.
F6 Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of August 7, 2024, according to the Plan trustee.
F7 The option, representing the right to purchase 50,000 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.