Valiyaveettil Ravi Mohan 4
Research Summary
AI-generated summary
Credit Acceptance CTO Ravi Mohan Sells 1,262 Shares
What Happened
Valiyaveettil Ravi Mohan, Chief Technology Officer of Credit Acceptance Corp (CACC), sold 1,262 shares on May 6, 2026 at $550.00 per share, for a total of $694,100. The transaction is reported as a sale (code S) and was disclosed on a Form 4 filed May 8, 2026. Sales are often routine and do not by themselves indicate management’s view of the company.
Key Details
- Transaction date and price: 2026-05-06 — 1,262 shares sold at $550.00 each.
- Total value: $694,100.
- Filing date: Form 4 filed 2026-05-08 (reports the May 6 transaction).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: F1 — an option vests in four equal annual installments beginning Oct 24, 2023 (first anniversary of grant).
- Transaction type: Reported as open market or private sale (S).
- Timeliness: Filing reports the transaction two days after the sale; no late-filing indication in the provided data.
Context
This was a sale, which is more common and less informative than insider purchases. The attached footnote refers to an option vesting schedule; if the sold shares derived from options or awards, that schedule governs when shares became eligible for sale. No 10b5-1 plan, tax withholding, or other special conditions were noted in the excerpt provided.