Credit Acceptance (CACC) officer sells 2,890 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Credit Acceptance Corporation’s Chief People Officer, Wendy A. Rummler, reported an insider stock transaction. On February 2, 2026, she exercised an employee stock option for 2,890 shares of common stock at an exercise price of $333.94 per share, moving those shares into her direct ownership.
That same day she sold a total of 2,890 common shares in multiple open-market transactions at weighted-average prices ranging from about $500.00 to $515.15 per share, leaving 20,190.6 shares held directly. She also reports indirect holdings of 2,704 shares in the Kevin Rummler Revocable Trust and 1,722 shares in the Wendy A. Rummler Revocable Trust.
After these trades, Rummler continues to hold stock options, including 8,124 options at an exercise price of $333.94, 10,000 options initially granted at $468.67 that vest in four equal annual installments beginning October 6, 2023, and 1,250 options at an exercise price of $390.39.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,890 shares ($1,471,594)
Net Sell
17 txns
Insider
Rummler Wendy A
Role
Chief People Officer
Sold
2,890 shs ($1.47M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,890 | $0.00 | -- |
| Exercise | Common Stock | 2,890 | $333.94 | $965K |
| Sale | Common Stock | 240 | $500.00 | $120K |
| Sale | Common Stock | 208 | $501.29 | $104K |
| Sale | Common Stock | 120 | $503.73 | $60K |
| Sale | Common Stock | 120 | $505.61 | $61K |
| Sale | Common Stock | 120 | $506.72 | $61K |
| Sale | Common Stock | 220 | $508.17 | $112K |
| Sale | Common Stock | 380 | $509.64 | $194K |
| Sale | Common Stock | 292 | $511.20 | $149K |
| Sale | Common Stock | 458 | $512.11 | $235K |
| Sale | Common Stock | 617 | $513.58 | $317K |
| Sale | Common Stock | 115 | $515.15 | $59K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 8,124 shares (Direct);
Common Stock — 23,080.6 shares (Direct);
Common Stock — 2,704 shares (Indirect, By trust.)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.00 to $500.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $501.13 to $501.66, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $503.73 to $503.74, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $506.72 to $506.73, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $507.96 to $508.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $509.20 to $510.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $510.59 to $511.58, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $511.60 to $512.54, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $513.03 to $514.02, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $515.15 to $515.16, inclusive. These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust. These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust. The option, initially representing the right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which was the first anniversary of the date on which the option was granted.
FAQ
What insider transaction did CACC executive Wendy A. Rummler report?
Wendy A. Rummler reported exercising 2,890 employee stock options at an exercise price of $333.94 per share, then selling 2,890 common shares in multiple trades on February 2, 2026. The filing details her remaining direct and indirect share ownership and outstanding options.
What stock options does Wendy A. Rummler hold in Credit Acceptance (CACC)?
She holds 8,124 employee stock options with a $333.94 exercise price, 10,000 options initially granted with a $468.67 exercise price, and 1,250 options at $390.39. The 10,000-share grant vests in four equal annual installments starting October 6, 2023.
What role does Wendy A. Rummler hold at Credit Acceptance (CACC)?
Wendy A. Rummler is identified as an officer of Credit Acceptance Corporation with the title Chief People Officer. The Form 4 indicates the filing is made by a single reporting person and classifies her as an officer but not as a director or 10% owner.