Kenneth Booth, Credit Acceptance Corporation's Chief Financial Officer, recently acquired 1,751 shares of the company. The buys took place at prices ranging from $0.00 to $385.77 per share, on January 29, 2021. Booth now owns 26,012 shares of the company. Booth operates out of Southfield, MI. Some additional info was provided as follows:
Represents the vesting of performance-based restricted stock units granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Booth on January 30, 2023.
Includes 7,086 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
Shares w ithheld to satisfy tax withholding obligations in conjunction with the vesting of restricted stock units.
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 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:
Major owner of Credit Acceptance Corporation just cashed-in 20,000 options - Dec. 23, 2021
On December - Dec. 20, 2021