The magnitude of these sales—representing ~0.076% of CACC's $5.6B market cap—is notable and concentrated among top executives, suggesting potential lack of confidence in near-term prospects. Traders should monitor upcoming earnings and credit performance metrics closely, as coordinated C-suite selling often precedes downward revisions or increased risk in consumer lending firms.
Price Chart
Executive Summary
Three C-suite executives at Credit Acceptance Corp (CACC) sold shares in the open market over a 4-day period, generating $4.23 million in total proceeds. The sales were part of a coordinated cluster involving the COO, CFO, and Chief People Officer, with all transactions occurring at prices between $525 and $535 per share.
Key Financial Metrics
Key Facts
- COO Jonathan Lum sold 3,000 shares for $1.605M on April 20, 2026
- CFO Jay Martin sold 2,255 shares for $1.185M on April 17, 2026
- Chief People Officer Wendy Rummler sold 2,742 shares for $1.440M on April 17, 2026
- Total open-market sales: $4.23M across three C-suite executives
- Additional derivative exercises and tax withholdings occurred but are non-cash events
Financial Impact
$4.23 million in open-market sales by insiders
Risk Factors
- Insider selling may signal overvaluation or deteriorating credit quality in the loan portfolio
- Concentrated timing of sales increases perception of coordinated exit
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CACC-1776888189635 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $545.04 | awaiting T+60 | — | $540.17 (−0.89%) |
Oct 6, 2026 20d ago | 144 | $536.58 | awaiting T+60 | — | $540.17 (+0.67%) |
Oct 1, 2026 26d ago | Court Ruling | $527.50 | awaiting T+60 | — | $540.17 (+2.40%) |
Sep 22, 2026 4w ago | Press Release | $555.13 | awaiting T+60 | — | $540.17 (−2.69%) |
Sep 18, 2026 5w ago | 8-K | $564.27 | awaiting T+60 | — | $540.17 (−4.27%) |
Sep 17, 2026 5w ago | Press Release | $590.41 | awaiting T+60 | — | $540.17 (−8.51%) |
Sep 15, 2026 5w ago | Press Release | $601.54 | awaiting T+60 | — | $540.17 (−10.20%) |
Sep 15, 2026 6w ago | Court Ruling | $601.54 | awaiting T+60 | — | $540.17 (−10.20%) |
Sep 4, 2026 7w ago | 8-K | $593.78 | awaiting T+60 | — | $540.17 (−9.03%) |
Aug 15, 2026 10w ago | Institutional Cluster | $573.09 | awaiting T+60 | — | $540.17 (−5.74%) |
US Market Status
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