Derivative exercise or conversion — not an open-market buy.
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Insider tradesView the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership
Insider trade
Officer sold ~$2.88M of CACC shares in the open market
Traded May 29, 2026 · Filed Jun 2, 2026
- ~$2.88M
- Reported value · 5,000 sh @ $575.00
- 32K
- Holds after · shares reported
- −7.4%
- stock since the trade · S&P 500 +2.4%, $573.64 → $531.35 on Oct 5
Why it stands out
Credit Acceptance's Chief Operating Officer sold $2.88M of Credit Acceptance shares. It happened by itself, for taxes or pay.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
All the details
Dates, kept separate
- Transaction date
- May 29, 2026
- Reporting period
- Not applicable
- Filed with the SEC
- Jun 2, 2026
Officer$1M+Pre-arranged plan referenced
Context
- Classification
open market sale
Code S — open-market or private sale
- Absolute commitment
~$2,875,000
Shares × reported transaction price
- Timing vs results
24 days after results of May 5, 2026, 67 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