Jay D Martin, Credit Acceptance Corporation's SVP - Finance & Accounting, has just filed an initial statement of beneficial ownership where 7,900 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 Martin. Martin operates out of Southfield, MI. Some additional info was provided as follows:
Includes 3,400 vested restricted stock units that were 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. Martin on January 30, 2023.
The above information was di sclosed in a filing to the SEC. To see the filing, click here.
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