Kenneth Booth, Credit Acceptance Corporation's Chief Executive Officer and a director of the company, recently disposed of 5,500 shares of the company. The disposals took place at prices ranging from $668.00 to $700.00 per share, on dates ranging from November 03 to November 05, 2021. Booth still owns 15,012 shares of the company. Booth operates out of Southfield, MI. Some additional info was provided as follows:
Includes 7,012 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
The option, representing a right to purchase 50,000 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which is the first anniversary of the date on which the option was granted.
The option, representi ng a right to purchase 110,000 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which is the first anniversary of the date on which the option was granted.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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