LUM JONATHAN 4

What Happened

• Jonathan Lum, Chief Operating Officer of Credit Acceptance Corp (CACC), had 777.4 shares withheld to satisfy tax withholding in connection with the vesting and settlement of restricted stock units (RSUs). The withheld shares were recorded at $498.24 per share, for a value of $387,332.
• This is a tax-withholding disposition (code F), not an open-market sale or purchase — a routine administrative step when RSUs vest.

Key Details

• Transaction date: 2026-01-31; Filing date: 2026-02-03.
• Price used for withholding: $498.24 per share; 777.4 shares withheld; total value ~$387,332.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld to satisfy tax withholding obligations on RSU vesting (net share settlement).
• Timeliness: filing dated Feb 3, 2026; the filing does not indicate a late-report flag in the provided data.

Context

• This was a net settlement for RSUs (tax withholding), a common non-market transaction that does not necessarily indicate a change in insider sentiment. It differs from an open-market sale (which transfers shares to other investors) or a purchase (which can be seen as a bullish signal).