Form 4: CACC Director Glenda Flanagan Reports Stock Transfer

Credit Acceptance Corp. Director Glenda J. Flanagan reported a disposition of 1,894 shares of common stock from a grantor retained annuity trust.

Summary

• Glenda J. Flanagan, a Director of Credit Acceptance Corp. (CACC), reported a change in beneficial ownership.
• On December 24, 2025, 1,894 shares of Common Stock were disposed of from The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust (GRAT).
• The transaction, coded 'G', indicates a gift or grant, with a reported price of $0.
• Following this reported transaction, The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust holds 0 shares.
• Ms. Flanagan directly owns 9,666 shares, which include 1,500 vested restricted stock units, 736 unvested restricted stock units, and 888 shares received as an annuity payment from the 2020 GRAT on December 11, 2025.
• Additionally, 8,000 shares are indirectly owned by GCM GP, LP, with Ms. Flanagan disclaiming beneficial ownership of these shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider transaction (disposition from a trust), which does not inherently convey positive or negative sentiment about the company's performance or future prospects.

Future Outlook

NA

Industry Context

NA

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the disposition of shares from a grantor retained annuity trust by a director. Such transactions are typically for personal financial planning and do not provide new information regarding the company's operational performance or strategic direction. Therefore, the filing itself does not warrant a change in investment recommendation, and a 'hold' stance is maintained based on existing company fundamentals.

Keywords

Credit Acceptance Corp, CACC, Form 4, Insider Transaction, Stock Ownership, Director, Glenda J. Flanagan, Grantor Retained Annuity Trust, GRAT, Common Stock