Kerber files Form 144: 5,720 shares via option exercise

Erin J. Kerber reported multiple dispositions of Common Stock and a planned sale tied to a stock option exercise.

Rhea-AI Filing Summary

Erin J. Kerber reported multiple dispositions of Common Stock and a planned sale tied to a stock option exercise. The filing lists a sale of 5,720 shares on 06/26/2026 via stock option exercise with cash as the consideration. The exhibit also details numerous open‑market dispositions by Ms. Kerber during May–June 2026, including a sale of 8,656 shares on 06/24/2026 for $5,201,749.95.

Insights

Securities Compliance Analyst

Form 144 shows scheduled issuer-side exercise and multiple recent open-market dispositions by the reporting person.

The filing records a stock option exercise tied to the sale of 5,720 shares on 06/26/2026, listed as an issuer transaction settled in cash. The form also enumerates many prior dispositions during May–June 2026, with the largest listed sale of 8,656 shares on 06/24/2026 for $5,201,749.95.

These entries are procedural disclosures required when selling restricted or control securities. Continued filings or Form 4/5 entries may provide additional context such as Rule 10b5-1 plan language or post-transaction holdings.

Key Figures

Planned sale: 5,720 shares Largest listed recent sale: 8,656 shares Proceeds from 06/24/2026 sale: $5,201,749.95 +2 more

5 metrics

Planned sale 5,720 shares stock option exercise on 06/26/2026

Largest listed recent sale 8,656 shares sale on 06/24/2026

Proceeds from 06/24/2026 sale $5,201,749.95 sale of 8,656 shares on 06/24/2026

Other recent sale example 2,937 shares sale on 06/25/2026 for $1,842,062.05

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

Key Terms

Form 144, Stock Option Exercise, Issuer

3 terms

Form 144 regulatory

"Filing header and disposition list showing issuer and transaction details"

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

"Listed as the transaction type for the 06/26/2026 5,720-share entry"

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.

Issuer regulatory

"Transaction counterparty listed as 'Issuer' for the 06/26/2026 sale"

FAQ

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

What does the CACC Form 144 filed by Erin J. Kerber report?

It reports proposed and completed sales of Common Stock tied to option exercise and open-market dispositions. The filing lists a planned sale of 5,720 shares on 06/26/2026 via stock option exercise and several prior sales between 05/06/2026 and 06/25/2026.

How many shares are listed for sale on 06/26/2026 in the Form 144?

The Form 144 lists 5,720 shares for sale on 06/26/2026. That entry is described as a stock option exercise with cash as the settlement method in the filing.

What recent sale sizes does the filing disclose for Erin J. Kerber?

Several dispositions are shown during May–June 2026, including 8,656 shares on 06/24/2026. The 06/24/2026 sale is listed with a proceeds figure of $5,201,749.95 in the filing.

Does the Form 144 state who receives the sale proceeds?

The filing indicates the 06/26/2026 sale is an issuer transaction settled for cash. For the prior open-market dispositions, the filing lists transaction dates, share counts, and dollar amounts; it does not elaborate further on proceeds allocation beyond those entries.

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

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Accepted by SEC EDGAR 06/26/2026 - 04:24 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	5720	3602467.66	10460071	06/26/2026	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	06/26/2026	Stock Option Exercise	Issuer			5720	06/26/2026	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	15529.97
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
Erin J. Kerber 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	06/25/2026	2937	1842062.05

144: Remarks and Signature

Remarks
Date of Notice	06/26/2026
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/ Joshua Schmitt, 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)