Director Kenneth Booth sold 4,000 shares of CACC at $574.00 on 2026-05-29 per scheduled 10b5-1 plan; retains 22,831 shares plus 14,000 stock options.
Kenneth Booth, a Director at Credit Acceptance Corp, sold 4,000 shares (valued at $2,296,000.00) pursuant to a pre-arranged 10b5-1 trading plan, reducing his non-derivative holdings from 26,831 to 22,831 shares. His prior sales at CACC over the preceding two weeks generated modestly positive 30-day and 90-day returns (ranging from 1.4% to 4.2%), while his cross-ticker track record shows an average 90-day return of +1.5% following prior sales. The transaction occurred at $574.00, near the 52-week high of $579.80, with the stock currently trading at $541.94 (-6.5% from that peak). The company's fundamentals remain solid—$580.0M in latest quarterly revenue, $135.8M net income, 7.2% annual revenue growth, and a P/E of 12.50—providing context that this is a scheduled portfolio action rather than a discretionary response to market conditions.