[144] Credit Acceptance Corp SEC Filing

Rhea-AI Filing Summary

Credit Acceptance Corp (CACC) filed a Form 144 reporting a proposed sale of 350 shares of Common stock through Fidelity Brokerage Services LLC on NASDAQ. The filer indicates the shares were acquired on 01/30/2023 upon restricted stock vesting from the issuer and were paid as compensation. The aggregate market value of the proposed sale is listed as $182,605.50 with approximately 11,237,661 shares outstanding. The approximate date of sale is 09/05/2025. The filer certifies no undisclosed material adverse information and provides the standard Rule 144 representations.

Positive

• Clear disclosure of acquisition source: restricted stock vesting on 01/30/2023
• Standard compliance with Rule 144 including representation of no undisclosed material information
• Broker and planned sale date provided: Fidelity Brokerage Services LLC and 09/05/2025

Negative

• None.

Insights

Securities Analyst

TL;DR Small insider sale filed under Rule 144; transaction stems from restricted stock vesting and is routine.

The Form 144 discloses a proposed 350-share sale valued at $182,605.50 executed via Fidelity on NASDAQ and tied to restricted stock that vested on 01/30/2023. From an investor-communications perspective this is a routine compliance filing rather than a material capital or strategic event. The disclosure includes the required representation that no nonpublic material information is known to the seller. Given the small size versus outstanding shares, the direct market impact is likely negligible.

Corporate Governance Expert

TL;DR Governance disclosure is complete for a Rule 144 sale; no red flags in filing content.

The filing identifies the acquisition as restricted stock vesting and lists payment as compensation, which aligns with common executive or employee equity programs. The filer uses an established broker and provides the expected details: quantity, aggregate value, acquisition date, and planned sale date. The attestation about absence of undisclosed material information is standard. There is no mention of accelerated sales, pledged shares, or prior sales in the past three months.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	350	182605.50	11237661	09/05/2025	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	01/30/2023	Restricted Stock Vesting	Issuer			350	01/30/2023	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CACC's Form 144 report say about the proposed sale?

The filing reports a proposed sale of 350 shares of Common stock with an aggregate market value of $182,605.50 through Fidelity on NASDAQ, approximately dated 09/05/2025.

How were the shares being sold by the CACC filer acquired?

The shares were acquired on 01/30/2023 through restricted stock vesting from the issuer and were paid as compensation.

Does the Form 144 indicate any recent sales by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

What certification does the filer make about material information?

By signing the notice the filer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.

How large is the proposed sale relative to outstanding shares?

The filing lists 11,237,661 shares outstanding; the proposed sale of 350 shares is a very small fraction of that total.