Watson Jill Foss 4

What Happened
Jill Foss Watson, reported as a 10% owner of Credit Acceptance Corporation (CACC), disposed of a total of 11,000 shares in a series of open-market sales on July 2, 2026. The trades generated approximately $7,185,656 in proceeds. Individual lots ranged from 53 to 1,503 shares and transaction prices reported in the filing span roughly $646.77 to $666.22; many line items show weighted-average prices because each lot was executed in multiple trades.

Key Details

• Transaction date: July 2, 2026; Form filed July 7, 2026.
• Total shares sold: 11,000; total proceeds: ~$7.19 million.
• Price range (per filing lines): approx. $646.77–$666.22; multiple line items report weighted-average prices (see footnotes).
• Ownership after the transactions: not specified in the provided filing details.
• Notable footnotes: many sales reported with weighted-average pricing across multiple executions (see F1–F21). F17 and F2 note some shares are held of record in trusts (spouse Todd Watson as trustee; Jill Foss Watson as trustee).
• Filing timeliness: trade date July 2 vs. filing date July 7 — the report was filed five days after the trades (check the official filing for whether it was marked late).

Context

• These were open-market sales (transaction code S), which are generally routine dispositions and do not necessarily indicate a change in company outlook.
• As a 10% owner, Watson’s trades are reported under beneficial ownership rules (different from routine executive trading disclosures); the filing’s multiple footnotes show the sales were executed in several transactions at slightly different prices.