Credit Acceptance (CACC) Form 144: Insider Option Sale of 1,500 Shares

Rhea-AI Filing Summary

Credit Acceptance Corp (CACC) submitted a Form 144 reporting a proposed sale of 1,500 common shares through Fidelity Brokerage Services. The filing lists an aggregate market value of $718,575 and shows 11,237,661 shares outstanding, so the block represents a very small portion of the company's shares outstanding.

The table records the securities were acquired on 08/13/2025 with the acquisition described as "Option Granted - 12/30/2020", and the approximate sale date is listed as 08/13/2025. Payment is shown as cash. The filing also states "Nothing to Report" for securities sold during the past three months and includes the standard seller representation required by the form about material nonpublic information.

Positive

• Proposed sale disclosed: Filing specifies the proposed sale of 1,500 common shares.
• Aggregate market value provided: The sale is reported at $718,575.
• Acquisition and source detailed: Securities shown as from an option granted on 12/30/2020 with acquisition date 08/13/2025 and cash payment.
• No recent sales: The form states "Nothing to Report" for sales in the past three months.

Negative

• None.

Insights

Financial Analyst

TL;DR: Form 144 discloses a small proposed insider sale of 1,500 shares valued at $718,575, reported via Fidelity.

The notice documents a proposed sale of 1,500 common shares with an aggregate market value of $718,575 and indicates 11,237,661 shares outstanding. The securities are identified as acquired via an option granted on 12/30/2020 and are to be sold with cash payment. The form reports no securities sold in the prior three months and is filed under Rule 144, which is routine for planned sales by persons covered by the rule. On these facts alone, the filing appears procedural and not materially company-moving.

Corporate Governance Expert

TL;DR: The filing fulfills Rule 144 disclosure obligations and contains standard seller representations; it shows limited governance signal.

The Form 144 identifies the broker, the class of security, the number of shares to be sold and the source of the shares (option granted 12/30/2020). It includes the seller's representation regarding material nonpublic information and notes no recent sales in the past three months. These elements are consistent with orderly disclosure practices for insider or affiliated sales. The information provided is specific but does not, by itself, indicate governance concerns or material changes in insider holdings.

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	1500	718575.00	11237661	08/13/2025	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	08/13/2025	Option Granted - 12/30/2020	Issuer			1500	08/13/2025	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

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 the CACC Form 144 report?

The Form 144 reports a proposed sale of 1,500 common shares of Credit Acceptance (CACC) with an aggregate market value of $718,575.

Through which broker will the CACC shares be sold?

The shares are to be sold through Fidelity Brokerage Services LLC at the address listed in the filing.

What is the source of the securities being sold in the CACC filing?

The securities are reported as acquired via an option granted on 12/30/2020, with acquisition date shown as 08/13/2025.

Does the Form 144 show recent sales by the seller for CACC?

No. The filing lists "Nothing to Report" for securities sold during the past three months.

What payment method is indicated for the sale in the CACC filing?

The filing indicates the payment type as cash.