SCHEDULE: Credit Acceptance: Neary Trust Holds 7.6% Stake
Beneficial Ownership Report
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, reported beneficial ownership of 7.6% of Credit Acceptance Corporation's common stock.
Summary
- John P. Neary, acting solely as a co-trustee for the Marital Trust U/A Donald A. Foss Trust, reported beneficial ownership of 852,797 shares of Credit Acceptance Corporation's common stock.
- This ownership represents 7.6% of the company's total outstanding shares.
- The percentage is calculated based on 11,237,661 total outstanding shares as of July 24, 2025, as disclosed in Credit Acceptance Corporation's Quarterly Report on Form 10-Q filed with the SEC on July 31, 2025.
- The trust holds shared voting power and shared dispositive power over all 852,797 beneficially owned shares.
- The shares were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: This is a routine beneficial ownership disclosure (Schedule 13G Amendment), indicating a significant but passive stake. It does not contain information that would typically alter the fundamental sentiment towards the company's operations or financial performance.
Positives
- This filing is a routine beneficial ownership disclosure and does not inherently contain 'positives' regarding the company's operational or financial performance.
Negatives
- This filing is a routine beneficial ownership disclosure and does not inherently contain 'negatives' regarding the company's operational or financial performance.
Risks
- The filing does not detail specific risks related to Credit Acceptance Corporation's operations or financial health; it is solely a beneficial ownership report.
Future Outlook
NA
Industry Context
This filing is a beneficial ownership report and does not provide analysis of broader industry trends or competitor activities.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant beneficial owner, confirming a large, passive stake held by the Donald A. Foss Trust.
Key Dates
| Date | Description |
|---|---|
| 1981-01-16 | Establishment date of the Donald A. Foss Trust, as indicated in its name. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-07-24 | Date as of which Credit Acceptance Corporation's total outstanding shares (11,237,661) were reported. |
| 2025-07-31 | Date Credit Acceptance Corporation's Quarterly Report on Form 10-Q was filed with the SEC. |
| 2025-08-14 | Date of filing of this Schedule 13G Amendment No. 3. |
Keywords
Credit Acceptance Corporation, CACC, John P. Neary, Donald A. Foss Trust, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Ownership
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