Booth Kenneth 4
4 · CREDIT ACCEPTANCE CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
CREDIT ACCEPTANCE (CACC) Director Kenneth Booth Sells 2,000 Shares
What Happened
- Kenneth Booth, a director of Credit Acceptance Corp. (CACC), sold 2,000 shares on February 9, 2026. The shares were disposed at $508.00 per share for total proceeds of $1,016,000. The transaction is reported as a sale (code S), listed as an open market or private sale.
Key Details
- Transaction date and price: 2026-02-09 — 2,000 shares at $508.00 each.
- Total proceeds: $1,016,000.
- Shares owned after transaction: not specified in the supplied filing details.
- Footnotes/plan details: none reported (no 10b5-1 plan or tax-withholding notation provided).
- Filing timeliness: Form 4 filed 2026-02-11 — within the two-business-day window required for Form 4 filings.
Context
- This was a sale, which can be routine (e.g., diversification or liquidity) and does not by itself indicate management’s view of the company’s prospects. No option exercise, gift, or other derivative action was reported.
Insider Transaction Report
Form 4
Booth Kenneth
Director
Transactions
- Sale
Common Stock
2026-02-09$508.00/sh−2,000$1,016,000→ 22,831.9 total
Holdings
- 110,000
Employee Stock Option (right to buy)
Exercise: $390.39From: 2025-04-28Exp: 2028-01-31→ Common Stock (110,000 underlying) - 38,000
Employee Stock Option (right to buy)
Exercise: $333.94From: 2024-12-30Exp: 2026-12-30→ Common Stock (38,000 underlying)
Signature
/s/ Kenneth S. Booth|2026-02-11