Brett A Roberts, Credit Acceptance Corporation's Chief Executive Officer and a director of the company, recently acquired 40,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on January 29, 2021. Roberts now owns 456,011 shares of the company. Roberts operates out of Southfield, MI. Some additional info was provided as follows:
Represents 31,000 performance-based restricted stock units and 9,000 shares of restricted stock that will vest based on the Company's performance for the year ended December 31, 2020. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation.
Includes 239,724 vested restricted stock unit s, 31,000 unvested restricted stock units and 9,000 unvested shares of restricted stock that were granted under the Company's Incentive Compensation Plan.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: