Charles A Pearce, Credit Acceptance Corporation's Chief Legal Officer, has just filed an initial statement of beneficial ownership where 8,903 shares of Credit Acceptance Corporation were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Pearce. Pearce operates out of Southfield, MI. Some additional info was provided as follows:
Includes 5,403 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
The option vests 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 above information was disclosed in a filing to the SEC. To see the filing, click here.
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