VASSALLUZZO SCOTT J 4
Research Summary
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Credit Acceptance (CACC) 10% Owner Scott Vassalluzzo Receives 358 Shares
What Happened Scott J. Vassalluzzo, reported as a 10% owner of Credit Acceptance Corp (CACC), received an award/grant of 358 shares on June 10, 2026. The Form 4 lists the acquisition at $0.00 per share (transaction code A), showing a reported total value of $0. The Form 4 covering this transaction was filed on June 12, 2026.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely).
- Transaction type/code: Grant/award (A).
- Shares acquired: 358; reported price: $0.00; reported value: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The shares are owned directly by investment accounts established for certain family members of Mr. Vassalluzzo; he disclaims beneficial ownership except to the extent of any pecuniary interest (footnote F1).
Context An award/grant recorded at $0 is not an open-market purchase and does not necessarily reflect a direct cash investment by the insider. For a 10% owner, filings can reflect holdings tied to family accounts or related arrangements; the included footnote clarifies that these shares are held for family beneficiaries and are not necessarily beneficially owned by Mr. Vassalluzzo for Section 16 purposes.