Insider trade

Officer sold ~$220K of CACC shares in the open market

Traded May 6, 2026 · Filed May 8, 2026

~$220K
Approx. value · 397 sh @ $553.90: 21K
Holds after · shares reported: −0.6%
stock since the trade · S&P 500 +6.2%, $539.93 → $536.58 on Oct 6

Why it stands out

Credit Acceptance's Chief Transformation Officer sold $220K of Credit Acceptance shares. The filing says it was made under a pre-arranged trading plan.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 6, 2026
Reporting period: Not applicable
Filed with the SEC: May 8, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$219,898

Shares × reported transaction price

Timing vs results

1 day after results of May 5, 2026, 90 days before results of Aug 4, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Filing box checked: sold under a Rule 10b5-1 plan

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+6.5%	−0.1%	+6.5%
30 days	+6.8%	−1.9%	+8.7%
90 days	+11.4%	+4.6%	+6.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0000885550-26-000092
Filed / recorded: May 8, 2026, 8:06 PM UTC
Added to OQRO: Oct 6, 2026, 10:14 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: CREDIT ACCEPTANCE CORP
Issuer CIK: 885550
Ticker: CACC
Reporting person: Nicholas J Elliott
Relationship: Officer
Officer title: Chief Transformation Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 6, 2026
Transaction code: S
Shares / units: 397
Price per share: $553.90
Acquired / disposed: Disposed (D)
Shares owned after: 20,982.3
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $553.53 to $554.43, inclusive.