Booth Kenneth 4

What Happened
Kenneth Booth, a director of Credit Acceptance Corporation (CACC), sold a total of 3,219.5 shares in open-market transactions between Feb 4 and Feb 6, 2026, for aggregate proceeds of about $1,644,841. The individual sales reported were: 1,207 shares at a weighted-average $513.29 ($619,541); 1,212 shares at $508.36 ($616,132); and 800.5 shares at $511.14 (~$409,168). These were outright sales (dispositions), which are commonly routine rather than a bullish signal.

Key Details

• Transaction type: Sales (code S) via open market/private sale.
• Dates & prices:
  • 2026-02-04: 1,207 sh @ weighted avg $513.29 (prices ranged $512.41–$513.36 per footnote) — ~$619,541.
  • 2026-02-06: 1,212 sh @ $508.36 — ~$616,132.
  • 2026-02-06: 800.5 sh @ $511.14 — ~$409,168.
• Total shares sold: 3,219.5; total proceeds: ≈ $1,644,841.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 notes the first reported price is a weighted average and that the shares were sold in multiple transactions at prices between $512.41 and $513.36; detailed per-price breakdown available on request.
• Filing timeliness: Form 4 was filed on 2026-02-06 for trades on Feb 4 and Feb 6 — within the usual 2-business-day reporting window (i.e., not marked late).

Context

• Sales by directors can be for many reasons (portfolio rebalancing, liquidity needs, tax planning) and do not, by themselves, indicate company outlook. Purchases are generally more informative as potential bullish signals.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was provided in the summary.