Booth Kenneth 4
Research Summary
AI-generated summary
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.