Jill Foss Watson Cuts Credit Acceptance Stake to 14.5%

Jill Foss Watson and associated trusts filed a Schedule 13D/A on June 5, 2026, regarding their holdings in Credit Acceptance Corporation (CACC). The filing reports a decrease in beneficial ownership to 1,519,309 shares, representing 14.5% of the company. This reduction is primarily due to the disposition of shares and a change in reporting status for certain trusts. Specifically, on April 21, 2026, the Jill Foss Watson Living Trust sold 9,450 shares at a weighted average price of $538.26. Additionally, Mrs. Watson ceased reporting beneficial ownership for shares held by the Jill Foss Watson 2014 Children's Trusts, as her spouse, Todd Watson, serves as the sole trustee and she no longer exercises investment influence over them. The reporting group includes various trusts such as the Donald A. Foss 2009 and 2010 Remainder Trusts. The Reporting Persons indicated they will continue to evaluate their investment and may engage in future acquisitions or dispositions based on market conditions.