Form 4: Credit Acceptance Corp. Director Glenda J. Flanagan Boosts Stake with Stock Acquisition

Credit Acceptance Corp. Director Glenda J. Flanagan increased her beneficial ownership of the company's common stock by 410 shares through an acquisition on June 4, 2025.

Summary

• Glenda J. Flanagan, a Director of Credit Acceptance Corp. (CACC), acquired 410 shares of common stock on June 4, 2025.
• The acquisition was made at a price of $0 per share, indicating a stock grant or vesting rather than an open market purchase.
• Following this transaction, Ms. Flanagan's direct beneficial ownership of common stock increased to 8,778 shares, which includes 1,500 vested restricted stock units and 918 unvested restricted stock units.
• Additionally, Ms. Flanagan indirectly beneficially owns 2,782 shares through The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust and 8,000 shares through GCM GP, LP.
• Her total beneficial ownership, including direct and indirect holdings, now stands at 19,560 shares.

Sentiment

Score: 8

Explanation: The acquisition of shares by a director, even if a grant, is generally a positive signal as it increases insider ownership and aligns interests with shareholders, indicating confidence in the company's performance and future.

Positives

• The acquisition of 410 shares by Director Glenda J. Flanagan increases her stake in Credit Acceptance Corp., signaling continued confidence in the company's future.
• The increase in director ownership further aligns management's interests with those of the shareholders.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing pertains to an individual insider transaction and does not provide broader industry context or trends. It reflects an increase in a director's personal stake in the company.

Related Party Transactions

• Glenda J. Flanagan's indirect beneficial ownership includes shares held by The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust and GCM GP, LP, entities with which she has a pecuniary interest.

Stakeholder Impact

• Shareholders may view the increase in director ownership as a positive sign, indicating management's confidence in the company's prospects and a stronger alignment of interests.

Key Dates

Recommendation

Keywords

Credit Acceptance Corp, CACC, SEC Form 4, insider transaction, stock acquisition, director ownership, Glenda J. Flanagan, beneficial ownership, restricted stock units