Credit Acceptance Corp [CACC] has announced that Chief Sales Officer Daniel A. Ulatowski has made several transactions involving shares of the company. Specifically, he purchased 1505 shares at $333.94 per share on August 22, 2025, and then sold 1392 shares at $507.17 per share on the same day. Additionally, he sold 113 shares at $508.35 per share on August 22, 2025. The following day, August 25, 2025, he made further transactions, purchasing 2139 shares at $333.94 per share and selling 1784 shares at $508.79 per share. Furthermore, he sold 355 shares at $510.38 per share and 53 shares at $508.5 per share on August 25, 2025.
Credit Acceptance Corporation (CACC) has announced that its Chief Sales Officer, Daniel A. Ulatowski, has engaged in several significant transactions involving the company's shares. According to SEC filings, Ulatowski exercised and sold a substantial number of shares over two days in August 2025.
On August 22, 2025, Ulatowski exercised employee stock options to acquire 1,505 shares at an exercise price of $333.94. He then sold 1,392 shares at a weighted average price of $507.17 and an additional 113 shares at $508.35. On August 25, 2025, Ulatowski exercised more options, acquiring 2,139 shares at the same exercise price of $333.94. He then sold 1,784 shares at $508.79, 355 shares at $510.38, and 53 shares at $508.50.
These transactions totaled 3,697 shares sold across multiple transactions, with the weighted average sale price ranging from $507.00 to $510.39. Ulatowski's indirect ownership includes 4,000 shares in the company's 401(k) fund and 4,000 shares held by the Ulatowski living trust, making his total ownership significant.
The filings also disclose 28,290 unvested restricted stock units (RSUs), which represent deferred equity compensation. This aligns with long-term executive incentives and is a routine part of equity compensation packages.
For investors, these transactions are typical of insider liquidity activities and do not indicate any material changes in governance or compensation. The filings align with standard practices for reporting insider transactions.
References:
[1] https://www.stocktitan.net/sec-filings/CACC/form-4-credit-acceptance-corp-insider-trading-activity-b9546e9912a3.html
[2] https://www.tradingview.com/news/tradingview:8a60c2919ca1c:0-credit-acceptance-corp-officer-sells-shares-worth-nearly-1-9-million/
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