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
Director sold ~$1.09M of CACC shares in the open market
Traded May 14, 2026 · Filed May 18, 2026
- ~$1.09M
- Reported value · 2,000 sh @ $544.00
- 23K
- Holds after · shares reported
- −2.8%
- stock since the trade · S&P 500 +3.6%, $546.66 → $531.35 on Oct 5
Why it stands out
A board member of Credit Acceptance sold $1.09M of Credit Acceptance shares. Nobody planned it ahead of time.
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 14, 2026
- Reporting period
- Not applicable
- Filed with the SEC
- May 18, 2026
Director$1M+
Context
- Classification
open market sale
Code S — open-market or private sale
- Absolute commitment
~$1,088,000
Shares × reported transaction price
- Timing vs results
9 days after results of May 5, 2026, 82 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