Insider trade

Officer sold ~$575K of CACC shares in the open market

Traded May 6, 2026 · Filed May 8, 2026

~$575K
Approx. value · 1,045 sh @ $550.24: 22K
Holds after · shares reported: −1.6%
stock since the trade · S&P 500 +5.6%, $539.93 → $531.35 on Oct 5

Why it stands out

Credit Acceptance's Chief Transformation Officer sold $575K 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$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$575,001

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: 1,045
Price per share: $550.24
Acquired / disposed: Disposed (D)
Shares owned after: 21,524.3
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 $550.00 to $550.89, 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.