Director Thomas N. Tryforos filed a Form 4 with the SEC on November 4, 2026, disclosing a purchase of 3,000 shares of Credit Acceptance Corp common stock on November 2, 2026, through TNT Investments LLC.

Key Highlights

  • Purchase transaction: Thomas N. Tryforos acquired 3,000 shares of Credit Acceptance Corp common stock on November 2, 2026, via transaction code P (purchase).
  • Weighted average price: The shares were purchased at a weighted average price of $485.20, with individual transaction prices ranging from $485.00 to $485.64, inclusive.
  • Acquiring entity: The 3,000 shares were acquired indirectly through TNT Investments LLC, with Tryforos reporting 3,000 shares held in that entity following the transaction.
  • Additional indirect holdings: The filing also reports indirect holdings of 212,846 shares by Elias Charles & Co LLC, 100,319 shares by LLC A, and 87,470 shares by LLC B.
  • Direct holding disposition: The filing records a disposal of 1,633 shares of common stock, listed with no transaction date or price in the table.
  • Issuer and exchange: Credit Acceptance Corp trades on NASDAQ:CACC.

Tryforos Discloses Open-Market Purchase and Multi-Entity Indirect Holdings

According to the Form 4 filed November 4, 2026, Thomas N. Tryforos, identified as a director of Credit Acceptance Corp (NASDAQ:CACC), reported the purchase of 3,000 shares of the company's common stock on November 2, 2026. The filing states the transaction was executed through TNT Investments LLC, an indirect ownership vehicle, and that Tryforos holds 3,000 shares in that entity following the reported transaction.

The filing discloses that the $485.20 price per share is a weighted average. As noted in the explanation of responses, "these shares were purchased in multiple transactions at prices ranging from $485.00 to $485.64, inclusive," and Tryforos "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 purchased at each separate price." No indication is given in the filing whether a Rule 10b5-1 plan governed the transaction; the corresponding checkbox on the form is not checked.

Beyond the November 2 purchase, the filing lists substantial indirect beneficial ownership across multiple entities: 212,846 shares held by Elias Charles & Co LLC, 100,319 shares held by LLC A, and 87,470 shares held by LLC B. The form also records a disposal of 1,633 shares of common stock, though no transaction date or price is provided for that line in the table.

What Was Disclosed

Director Thomas N. Tryforos reported a purchase of 3,000 Credit Acceptance Corp common shares at a weighted average of $485.20 on November 2, 2026, acquired indirectly through TNT Investments LLC, alongside indirect holdings totaling more than 400,000 shares across three additional entities.