Erin Kerber files Form 144 to sell 2,937 shares

Erin J. Kerber reported the sale of 2,937 shares of common stock under a Form 144 notice dated 06/25/2026.

Rhea-AI Filing Summary

Erin J. Kerber reported the sale of 2,937 shares of common stock under a Form 144 notice dated 06/25/2026. The filing lists the transaction method as a stock option exercise with cash settlement. The record also shows multiple open-market or other dispositions by the same reporting person during May–June 2026, including a 06/24/2026 sale of 8,656 shares for $5,201,749.95.

Insights

Securities Compliance Analyst

Form 144 notifies the SEC of intended dispositions by an affiliate; it is a regulatory notice rather than a corporate action.

The filing lists a 2,937-share disposition tied to a stock option exercise on 06/25/2026. Form 144s are required when certain affiliates sell restricted or control securities in reliance on exemptions; the notice itself does not confirm completion of sale.

Cash-flow treatment and exact sale venues are not stated in these lines; subsequent trade confirmations or broker records would show execution details.

Key Figures

Form 144 amount: 2,937 shares Recent sale (largest listed): 8,656 shares Earlier sale example: 1,753 shares

3 metrics

Form 144 amount 2,937 shares registered for sale on 06/25/2026 via stock option exercise

Recent sale (largest listed) 8,656 shares sold 06/24/2026 for $5,201,749.95

Earlier sale example 1,753 shares sold 05/06/2026 for $967,002.83

Key Terms

Form 144, Stock Option Exercise, Cash settlement

3 terms

Form 144 regulatory

"reported the sale of 2,937 shares under a Form 144 notice"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Securities To Be Sold | ... | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Cash settlement financial

"2937 | 06/25/2026 | Cash"

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Erin J. Kerber disclose on Form 144 for CACC?

Kerber disclosed a planned disposition of 2,937 shares via a stock option exercise on 06/25/2026. The filing lists prior sales in May–June 2026, including an earlier 06/24/2026 sale of 8,656 shares.

Does Form 144 confirm that the 2,937 shares were sold?

No—the Form 144 is a notice of intended disposition required by regulation. It identifies the planned method (stock option exercise) and date but does not by itself prove settlement or execution of the sale.

How much did Kerber raise from the largest listed sale in the excerpt?

The excerpt shows a 06/24/2026 disposition of 8,656 shares that generated $5,201,749.95. That figure is presented verbatim in the transaction listing in the provided content.

Was the 2,937-share transaction reported as cash or non-cash?

The filing notes the stock option exercise on 06/25/2026 and indicates Cash as the settlement method in the securities-to-be-sold section of the excerpt.

Where can I find execution details for these transactions?

Execution details such as trade confirmations, exact time, and clearing broker records are not in the Form 144 excerpt. Broker statements or subsequent SEC filings would provide final execution confirmation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/25/2026 - 03:18 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001871883
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CREDIT ACCEPTANCE CORP
SEC File Number	000-20202
Address of Issuer	25505 WEST TWELVE MILE ROAD SOUTHFIELD MICHIGAN 48034-8334
Phone	2483532700
Name of Person for Whose Account the Securities are To Be Sold	KERBER ERIN J
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2937	1842061.92	10460071	06/25/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/25/2026	Stock Option Exercise	Issuer			2937	06/25/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/06/2026	1753	967002.83
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/18/2026	1903	1051227.48
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/29/2026	3485	2009045.00
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/01/2026	61	35090.04
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/08/2026	22	12719.30
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/09/2026	32	18422.68
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/15/2026	27	0.00
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/16/2026	27	15604.63
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/17/2026	2	1157.63
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/24/2026	8656	5201749.95

144: Remarks and Signature

Remarks
Date of Notice	06/25/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/18/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Erin J. Kerber
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)