SEC Form 4 · accession 0000885550-26-000158

CREDIT ACCEPTANCE CORP · CACC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Erin J Kerber

Officer — Chief Legal Officer

Period of report

Jun 24, 2026

Accepted (ET)

Jun 26, 2026 · 4:02 pm EDT

Rule 10b5-1 plan

yes — trade under a plan

Issuer CIK

0000885550

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jun 24, 2026	M	3,656	$333.94	A	29,367	D
Common Stock^F1	Jun 24, 2026	S	2,377	$600.27	D	26,990	D
Common Stock^F2	Jun 24, 2026	S	825	$601.37	D	26,165	D
Common Stock^F3	Jun 24, 2026	S	204	$602.63	D	25,961	D
Common Stock^F4	Jun 24, 2026	S	250	$603.63	D	25,711	D
Common Stock	Jun 24, 2026	M	5,000	$454.11	A	30,711	D
Common Stock^F5	Jun 24, 2026	S	2,709	$600.32	D	28,002	D
Common Stock^F6	Jun 24, 2026	S	1,621	$601.25	D	26,381	D
Common Stock^F3	Jun 24, 2026	S	319	$602.46	D	26,062	D
Common Stock^F4	Jun 24, 2026	S	351	$603.58	D	25,711	D
Common Stock	Jun 25, 2026	M	1,240	$333.94	A	26,951	D
Common Stock^F7	Jun 25, 2026	S	337	$625.40	D	26,614	D
Common Stock^F8	Jun 25, 2026	S	278	$626.87	D	26,336	D
Common Stock^F9	Jun 25, 2026	S	25	$627.51	D	26,311	D
Common Stock^F10	Jun 25, 2026	S	240	$628.26	D	26,071	D
Common Stock^F11	Jun 25, 2026	S	360	$629.39	D	25,711	D
Common Stock	Jun 25, 2026	M	1,697	$454.11	A	27,408	D
Common Stock^F12	Jun 25, 2026	S	526	$625.53	D	26,882	D
Common Stock^F13	Jun 25, 2026	S	634	$626.42	D	26,248	D
Common Stock^F14	Jun 25, 2026	S	114	$627.68	D	26,134	D
Common Stock^F15	Jun 25, 2026	S	183	$628.73	D	25,951	D
Common Stock^F16	Jun 25, 2026	S	240	$629.95	D	25,711	D
Common Stock^F17	holding	—	—		—	243	I	By 401(k) Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)	$333.94	Jun 24, 2026	M	3,656	D	Dec 30, 2024	Dec 30, 2026	Common Stock	3,656	3,657	D
Employee Stock Option (right to buy)	$454.11	Jun 24, 2026	M	5,000	D	Jun 28, 2025	Jun 28, 2027	Common Stock	5,000	10,500	D
Employee Stock Option (right to buy)	$333.94	Jun 25, 2026	M	1,240	D	Dec 30, 2024	Dec 30, 2026	Common Stock	1,240	2,417	D
Employee Stock Option (right to buy)	$454.11	Jun 25, 2026	M	1,697	D	Jun 28, 2025	Jun 28, 2027	Common Stock	1,697	8,803	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.88, 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.
F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $628.01 to $628.50, inclusive.
F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $629.11 to $629.96, inclusive.
F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $625.00 to $625.95, inclusive.
F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $626.04 to $626.99, inclusive.
F14The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $627.46 to $627.84, inclusive.
F15The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $628.49 to $629.20, inclusive.
F16The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $629.95 to $629.96, inclusive.
F17Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of June 24, 2026, according to the Plan trustee.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.04 to $601.99, inclusive.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.16 to $602.98, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $603.40 to $603.81, inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.94, inclusive.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.04 to $601.72, inclusive.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $625.00 to $625.94, inclusive.
F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $626.00 to $626.99, inclusive.
F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $627.00 to $627.75, inclusive.