Form 4: Glenda J. Flanagan Reports Changes in Beneficial Ownership of Credit Acceptance Corp Stock

Glenda J. Flanagan, a director of Credit Acceptance Corp, reports transactions involving the company's common stock, including acquisitions and dispositions through trusts and partnerships.

Summary

• On December 24, 2024, Glenda J. Flanagan, a director of Credit Acceptance Corp, reported changes in her beneficial ownership of the company's common stock.
• She acquired 781 shares of common stock at $0 through a transaction coded 'J'.
• She also disposed of 781 shares of common stock at $0 through a transaction coded 'J'.
• Following these transactions, Ms. Flanagan directly owns 8,368 shares, which includes 1,500 vested and 508 unvested restricted stock units.
• She indirectly owns 2,782 shares through The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust and 8,000 shares through GCM GP, LP.
• Ms. Flanagan disclaims beneficial ownership of the shares held by the trust and limited partnership except to the extent of her pecuniary interest.
• The report was signed on December 27, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps stakeholders understand the actions of company directors.

Key Dates