Form 144: Proposed sale of 27 shares via option exercise

The filing is a Form 144 notice relating to proposed sales of Common Stock by Erin J. Kerber.

Rhea-AI Filing Summary

The filing is a Form 144 notice relating to proposed sales of Common Stock by Erin J. Kerber. It reports a Stock Option Exercise sale of 27 shares on 06/16/2026 for cash, and lists multiple open-market dispositions by the same holder during the prior three months, including 1,753 shares on 05/06/2026 ($967,002.83), 1,903 shares on 05/18/2026 ($1,051,227.15), and 3,485 shares on 05/29/2026 ($2,009,045.00).

The notice identifies Fidelity Brokerage Services LLC as the broker and records the exchange as NASDAQ. The filing documents recent insider selling activity and a small exercise-and-sale on 06/16/2026.

Insights

Equity Compliance Analyst

Routine Form 144 reporting of insider dispositions and a small option exercise-sale.

The filing lists a 27-share sale via stock option exercise on 06/16/2026 and several open-market dispositions across May–June 2026 with explicit share counts and gross proceeds. These are administrative disclosures required when resale conditions apply.

Timing and cash-flow treatment are stated as cash for the exercise-sale; subsequent filings or broker reports would show settlement details.

Corporate Governance Specialist

Insider transactions documented; no regulatory enforcement or novel governance action disclosed.

The record names Fidelity Brokerage Services LLC as broker and itemizes per-trade share counts and proceeds for multiple dates. The largest single reported disposal in the excerpt is 3,485 shares on 05/29/2026 for $2,009,045.00.

These entries should be read as standard resale notices; related filings (Forms 3/4) may provide additional ownership context if present elsewhere.

Key Figures

Proposed sale (exercise): 27 shares Sale example: 1,753 shares Sale example: 1,903 shares +2 more

5 metrics

Proposed sale (exercise) 27 shares Stock Option Exercise on 06/16/2026

Sale example 1,753 shares Sold on 05/06/2026 for $967,002.83

Sale example 1,903 shares Sold on 05/18/2026 for $1,051,227.15

Sale example 3,485 shares Sold on 05/29/2026 for $2,009,045.00

Broker Fidelity Brokerage Services LLC Broker of record listed in filing

Key Terms

Form 144, Stock Option Exercise, Securities To Be Sold

3 terms

Form 144 regulatory

"Securities Sold During The Past 3 Months"

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 06/16/2026 Stock Option Exercise"

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.

Securities To Be Sold regulatory

"Common | 06/16/2026 | Stock Option Exercise | Issuer"

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 a proposed sale of 27 shares via a stock option exercise on 06/16/2026. The filing also lists multiple prior sales in May–June 2026 with specific share counts and gross proceeds.

How many shares did Erin J. Kerber sell on 05/29/2026 according to the filing?

The filing shows 3,485 shares were sold on 05/29/2026 for $2,009,045.00. This figure is listed in the "Securities Sold During The Past 3 Months" section.

Which broker is named in the Form 144 for CACC transactions?

The notice lists Fidelity Brokerage Services LLC as the broker at 900 Salem Street, Smithfield RI, and records the market as NASDAQ for the reported transactions.

Does the filing state how the 27-share transaction was settled?

Yes. The 27-share transaction on 06/16/2026 is described as a Stock Option Exercise with settlement by cash, as shown in the Securities To Be Sold entry.

Are proceeds for prior sales provided in the Form 144 excerpt?

Yes. The excerpt lists gross proceeds alongside share counts, for example $967,002.83 for 1,753 shares on 05/06/2026 and $1,051,227.15 for 1,903 shares on 05/18/2026.

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

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Accepted by SEC EDGAR 06/16/2026 - 04:14 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	27	15604.63	10460071	06/16/2026	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	06/16/2026	Stock Option Exercise	Issuer			27	06/16/2026	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	1051227.15
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

144: Remarks and Signature

Remarks
Date of Notice	06/16/2026
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/ Jennifer Ruchti, 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)