Daniel A. Ulatowski, Credit Acceptance Corporation's Chief Sales Officer, recently acquired 1,825 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. Ulatowski now owns 19,512 shares of the company. Ulatowski 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. Ulatowski on January 30, 2023.
Includes 7,300 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 26, 2021, according to the Plan trustee.
The option vests in four equal 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: