Kenneth Booth, Credit Acceptance Corporation's Chief Financial Officer, recently disposed of 2,500 shares of the company. The disposals took place at $425.35 per share, on March 08, 2021. Booth still owns 23,512 shares of the company. Booth operates out of Southfield, MI. Some additional info was provided as follows:
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $425.07 to $425.91, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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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