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 ~$2.22M of CACC shares in the open market
Traded May 18, 2026 · Filed May 20, 2026
- ~$2.22M
- Reported value · 4,000 sh @ $554.00
- 23K
- Holds after · shares reported
- −4.3%
- stock since the trade · S&P 500 +4.9%, $555.43 → $531.35 on Oct 5
Why it stands out
A board member of Credit Acceptance sold $2.22M 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 18, 2026
- Reporting period
- Not applicable
- Filed with the SEC
- May 20, 2026
Director$1M+
Context
- Classification
open market sale
Code S — open-market or private sale
- Absolute commitment
~$2,216,000
Shares × reported transaction price
- Timing vs results
13 days after results of May 5, 2026, 78 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