SEC Form 4 · accession 0000885550-26-000165
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 26, 2026
Accepted (ET)
Jun 30, 2026 · 4:06 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 26, 2026 | M | 2,417 | $333.94 | A | 28,128 | D | |
| Common Stock | Jun 26, 2026 | M | 3,303 | $454.11 | A | 31,431 | D | |
| Common StockF1 | Jun 26, 2026 | S | 397 | $625.37 | D | 31,034 | D | |
| Common StockF2 | Jun 26, 2026 | S | 581 | $627.12 | D | 30,453 | D | |
| Common StockF3 | Jun 26, 2026 | S | 785 | $627.71 | D | 29,668 | D | |
| Common StockF4 | Jun 26, 2026 | S | 1,269 | $628.93 | D | 28,399 | D | |
| Common StockF5 | Jun 26, 2026 | S | 305 | $629.83 | D | 28,094 | D | |
| Common StockF6 | Jun 26, 2026 | S | 1,000 | $631.49 | D | 27,094 | D | |
| Common StockF7 | Jun 26, 2026 | S | 1,143 | $632.63 | D | 25,951 | D | |
| Common StockF8 | Jun 26, 2026 | S | 240 | $634.57 | D | 25,711 | D | |
| Common StockF9 | 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 26, 2026 | M | 2,417 | D | Dec 30, 2024 | Dec 30, 2026 | Common Stock | 2,417 | 0 | D |
| Employee Stock Option (right to buy) | $454.11 | Jun 26, 2026 | M | 3,303 | D | Jun 28, 2025 | Jun 28, 2027 | Common Stock | 3,303 | 5,500 | 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 $625.00 to $625.94, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $626.43 to $627.23, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $627.46 to $628.26, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $628.48 to $629.33, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $629.50 to $630.00, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $630.99 to $631.98, inclusive.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $632.11 to $633.11, inclusive.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $634.32 to $634.84, inclusive.
- F9Held 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.