Watson Jill Foss 4
4 · CREDIT ACCEPTANCE CORP · Filed Jul 20, 2026
Research Summary
AI-generated summary of this filing
Credit Acceptance (CACC) 10% Owner Jill Foss Watson Sells Shares
What Happened
Jill Foss Watson, reported as a 10% owner of Credit Acceptance Corporation (CACC), sold a total of 1,436 CACC shares in open-market transactions on July 16, 2026, generating approximately $919,788 in proceeds. The sale consisted of three reported dispositions: 977 shares (weighted avg $640.15, $625,425), 457 shares (weighted avg $641.31, $293,079), and 2 shares ($642.08, $1,284). This was a sale (not a purchase), which is often routine insider liquidity rather than an explicit signal of company outlook.
Key Details
- Transaction date: 2026-07-16; filing date: 2026-07-20 (filed on time).
- Reported lots/prices: 977 @ $640.15 (weighted avg; trades ranged $640.00–$640.43 per footnote), 457 @ $641.31 (weighted avg; trades ranged $641.02–$641.77 per footnote), and 2 @ $642.08.
- Total shares sold: 1,436; approximate total proceeds: $919,788; combined weighted avg price ≈ $640.52/share.
- Shares owned after the transaction: Not disclosed in this Form 4 filing.
- Ownership note: The filing identifies Watson as a 10% owner; footnote indicates some shares are owned of record by her spouse, Todd Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
- Filing/footnotes: Weighted-average pricing disclosed with ranges (F1, F3); F2 explains record ownership by spouse/trust. No 10b5‑1 plan or tax-withholding code noted.
Context
As a 10% owner (distinct from an executive title), these sales reflect disposition of shares by a significant shareholder. Sales by insiders can be routine (liquidity, diversification, estate planning) and do not, by themselves, prove positive or negative views on the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-16$640.15/sh−977$625,425→ 48,369 total(indirect: See footnote 2) - Sale
Common Stock
[F3][F2]2026-07-16$641.31/sh−457$293,079→ 47,912 total(indirect: See footnote 2) - Sale
Common Stock
[F2]2026-07-16$642.08/sh−2$1,284→ 47,910 total(indirect: See footnote 2)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $640.00 to $640.43, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
- [F2]These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $641.02 to $641.77, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.