Watson Jill Foss has been a consistent seller of Credit Acceptance Corporation (CACC) stock, with Form 4 filings showing 46 total transactions—all sales—and no corresponding purchases or acquisitions. The aggregate sell value across these filings reached approximately $23.99 million, while buy and acquired values stood at zero, underscoring a one-directional pattern with no open-market buying activity to offset the disposals.
The most recent cluster of trades, spanning April 21 through July 16, 2026, comprises 25 separate sale transactions, all coded as "S" (open-market sales). The dollar values vary widely, from a modest $1,284.16 on July 16 to a substantial $1,011,421.82 on April 21. The heaviest activity occurred on July 2, 2026, when 21 sales were executed, ranging from $34,380.04 to $976,018.14, with several transactions exceeding $500,000. This concentrated selling on a single date, combined with the absence of any "P" (purchase) or "M" (option exercise) codes in the recent period, indicates a clear divestment bias.
Across the entire filing history, the pattern is unambiguous: Foss has engaged exclusively in sales of CACC shares, with no compensatory grants, option exercises, or gifts recorded. The lack of diversification across companies—only CACC appears—further emphasizes a focused reduction of a single equity position. While the filings do not reveal the rationale, the data show a sustained and sizable liquidation of Credit Acceptance Corporation holdings over the observed window.
AI-assisted summary