Martin Jay D 4
4 · CREDIT ACCEPTANCE CORP · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CREDIT ACCEPTANCE (CACC) CFO Martin Jay D Withholds 696 Shares
What Happened
Martin Jay D, CFO of Credit Acceptance Corp (CACC), had 695.9 shares withheld to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs). The withholding was recorded as a disposal (code F) at $498.24 per share, totaling approximately $346,725. This is a routine tax-withholding event, not an open-market sale.
Key Details
- Transaction date: 2026-01-31. Form filed: 2026-02-03.
- Price per share: $498.24; shares withheld/disposed: 695.9; total value: $346,725.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: F1 — shares withheld to satisfy tax withholding obligations tied to RSU vesting/settlement.
- Filing timeliness: Form was submitted Feb 3, 2026; the filing does not indicate a late-report designation.
Context
This was a net settlement/tax-withholding of vested RSUs (common executive compensation procedure), which reduces the insider’s share count but is not an open-market sale and should not be read as a directional bet on the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-31$498.24/sh−695.9$346,725→ 27,302.7 total
- 2,250
Employee Stock Option (right to buy)
Exercise: $390.39From: 2025-04-28Exp: 2027-04-28→ Common Stock (2,250 underlying) - 19,500
Employee Stock Option (right to buy)
Exercise: $333.94From: 2024-12-30Exp: 2026-12-30→ Common Stock (19,500 underlying)
Footnotes (1)
- [F1]Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and settlement of restricted stock units to shares of common stock.