Credit Acceptance ex-director to sell $1.51M

The SEC notice also reports Booth sold 2,457 shares on Aug. 6 and 3,953 shares on Aug. 21, alongside the Sep. 2 option cash exercise.

Rhea-AI Filing Summary

CREDIT ACCEPTANCE CORP (CACC) is the issuer for a planned insider sale under Rule 144. Kenneth S. Booth, a former director, has filed to sell 2,500 shares of CACC common stock on September 2, 2026, following a stock option exercise for cash, with Fidelity Brokerage Services LLC involved in the transaction.

The notice also reports Booth’s recent sales of CACC common stock over the prior three months: 2,457 shares sold on August 6, 2026 and 3,953 shares sold on August 21, 2026, with disclosed aggregate sale amounts for each transaction.

Key Figures

Shares proposed to be sold: 2,500 shares Aggregate market value for proposed sale: $1,510,000.00 Shares sold on August 6, 2026: 2,457 shares +3 more

6 metrics

Shares proposed to be sold 2,500 shares CACC common stock to be sold on September 2, 2026 under Rule 144

Aggregate market value for proposed sale $1,510,000.00 Disclosed for the 2,500 CACC shares in the Form 144 securities information section

Shares sold on August 6, 2026 2,457 shares CACC common stock sold by Kenneth S. Booth during the past 3 months

Aggregate amount for August 6, 2026 sale $1,512,924.11 Aggregate sale amount for 2,457 CACC shares sold on August 6, 2026

Shares sold on August 21, 2026 3,953 shares CACC common stock sold by Kenneth S. Booth during the past 3 months

Aggregate amount for August 21, 2026 sale $2,365,817.00 Aggregate sale amount for 3,953 CACC shares sold on August 21, 2026

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 | 09/02/2026 | 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 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

What does this Form 144 filing mean for CREDIT ACCEPTANCE CORP (CACC)?

The filing reports that former director Kenneth S. Booth intends to sell 2,500 shares of CACC common stock under Rule 144. It is a disclosure of a potential insider sale, not a change to the company’s operations or capital structure.

How many CREDIT ACCEPTANCE CORP (CACC) shares are proposed to be sold in this filing?

The filing states that 2,500 shares of CREDIT ACCEPTANCE CORP common stock are proposed to be sold on September 2, 2026, in connection with a stock option exercise for cash.

Who is selling CACC shares under this Form 144 and in what capacity?

The securities are for the account of Kenneth S. Booth, identified as a former director of CREDIT ACCEPTANCE CORP. Fidelity Brokerage Services LLC is listed in connection with the transaction, and the form is signed by an attorney-in-fact acting for Booth.

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

The notice lists two recent sales of CACC common stock by Kenneth S. Booth over the past three months: 2,457 shares sold on August 6, 2026 and 3,953 shares sold on August 21, 2026, with aggregate dollar amounts disclosed for each sale.

What is the nature of the CACC securities being sold under this Form 144?

The securities are common stock of CREDIT ACCEPTANCE CORP. The Form 144 notes that the 2,500 shares to be sold on September 2, 2026 are related to a stock option exercise for cash.

On which market are the CACC shares referenced in this Form 144 traded?

The filing identifies the CACC common stock involved in this Form 144 as traded on NASDAQ. The form ties the proposed sale of 2,500 shares to this listing.

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

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Available on EDGAR 09/02/2026 - 01:34 PM Accepted by SEC EDGAR 09/02/2026 - 01:33 PM 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	2500	1510000.00	10380580	09/02/2026	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	09/02/2026	Stock Option Exercise	Issuer			2500	09/02/2026	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 S. Booth 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	08/06/2026	2457	1512924.11
Kenneth S. Booth 25505 W. Twelve Mile Road Southfield MI 48034-8339	Common	08/21/2026	3953	2365817.00

144: Remarks and Signature

Remarks
Date of Notice	09/02/2026
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/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Kenneth Booth
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)