Daniel A. Ulatowski, Credit Acceptance Corporation's Chief Sales Officer, recently disposed of 1,500 shares of the company. The disposals took place at $600.00 per share, on September 01, 2021. Ulatowski still owns 15,012 shares of the company. Ulatowski operates out of Southfield, MI. Some additional info was provided as follows:
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 August 1, 2021, according to the Plan trustee.
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