Credit Acceptance ex-director to sell $856K in stock

CREDIT ACCEPTANCE CORP (CACC) is the issuer for which Kenneth S. Booth, a former director, has filed a notice of proposed sale of restricted or control securities under Rule 144.

Rhea-AI Filing Summary

CREDIT ACCEPTANCE CORP (CACC) is the issuer for which Kenneth S. Booth, a former director, has filed a notice of proposed sale of restricted or control securities under Rule 144. The notice covers a planned sale of 1,453 shares of common stock, expected on 08/21/2026, following a stock option exercise through Fidelity Brokerage Services LLC. The filing also lists sales in the prior three months: 4,000 shares of common stock on 05/29/2026 for $2,296,000.00 and 2,547 shares on 08/06/2026 for $1,512,924.11.

Key Figures

Shares to be sold: 1,453 shares of common stock Aggregate market value of shares to be sold: $855,817.00 Shares outstanding: 10,380,580 shares +3 more

6 metrics

Shares to be sold 1,453 shares of common stock Proposed Rule 144 sale expected on 08/21/2026

Aggregate market value of shares to be sold $855,817.00 Value for 1,453 CACC common shares in the proposed sale

Shares outstanding 10,380,580 shares CACC common stock outstanding as referenced in the securities information section

Prior sale on 05/29/2026 4,000 shares; $2,296,000.00 CACC common stock sold by Kenneth S. Booth in the past three months

Prior sale on 08/06/2026 2,547 shares; $1,512,924.11 Additional CACC common stock sale by Kenneth S. Booth in the past three months

Planned sale date 08/21/2026 Approximate date of proposed Rule 144 sale of 1,453 shares

Key Terms

Rule 144, stock option exercise, attorney-in-fact

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

stock option exercise financial

"Common | 08/21/2026 | 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.

attorney-in-fact regulatory

"as attorney-in-fact for Kenneth S. Booth"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

What does the Form 144 filing for CACC disclose about Kenneth S. Booth?

The filing states that Kenneth S. Booth, a former director of CREDIT ACCEPTANCE CORP (CACC), has notified of a proposed Rule 144 sale of 1,453 shares of common stock, expected on 08/21/2026, in connection with a stock option exercise through Fidelity Brokerage Services LLC.

How many CACC shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 1,453 shares of CREDIT ACCEPTANCE CORP common stock, with an aggregate market value indicated as $855,817.00, expected to be sold on or around 08/21/2026 on the NASDAQ market.

What recent CACC share sales by Kenneth S. Booth are reported?

The filing reports that Kenneth S. Booth sold 4,000 shares of CACC common stock on 05/29/2026 for $2,296,000.00, and 2,547 shares on 08/06/2026 for $1,512,924.11 in the three months preceding the new proposed sale.

How many CACC shares are shown as outstanding in this Form 144?

The securities information section lists 10,380,580 shares of CREDIT ACCEPTANCE CORP common stock as outstanding, in the context of the Rule 144 filing describing the proposed sale of 1,453 shares by Kenneth S. Booth.

What is the relationship between Fidelity Brokerage and the CACC Form 144 sale?

Fidelity Brokerage Services LLC is listed as the broker for the proposed sale of 1,453 CACC shares, and the Form 144 is signed by Wade Moss as a duly authorized representative of Fidelity, acting as attorney-in-fact for Kenneth S. Booth.

On which exchange are the CACC shares in this Form 144 expected to be sold?

The securities information section indicates that the CREDIT ACCEPTANCE CORP common stock subject to the proposed Rule 144 sale is to be sold on NASDAQ, with the contemplated transaction date listed as 08/21/2026.

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

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Accepted by SEC EDGAR 08/21/2026 - 12:13 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	0001300069
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	Booth Kenneth
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	Former Director

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	1453	855817.00	10380580	08/21/2026	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	08/21/2026	Stock Option Exercise	Issuer			1453	08/21/2026	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
Kenneth Booth 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	05/29/2026	4000	2296000.00
Kenneth Booth 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	08/06/2026	2547	1512924.11

144: Remarks and Signature

Remarks
Date of Notice	08/21/2026
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 Kenneth S. Booth
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)