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  4. [144] CREDIT ACCEPTANCE CORP SEC Filing

Credit Acceptance (CACC) ex-director plans stock sale after multimillion trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CREDIT ACCEPTANCE CORP (CACC) is the issuer for a planned sale of its common stock under Rule 144 by former director Kenneth Booth. A notice covers up to 2,500 shares to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of $1,510,000.00 as of August 21, 2026. The securities to be sold are tied to a stock option exercise for cash. The notice also lists Booth’s prior Rule 144 sales over the past three months, including 4,000 shares for $2,296,000.00 on May 29, 2026 and 2,547 shares for $1,512,924.11 on August 6, 2026.

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Shares proposed for sale 2,500 shares Common stock covered by the Rule 144 notice
Aggregate market value (proposed sale) $1,510,000.00 Value of 2,500 shares as of August 21, 2026
Shares sold on May 29, 2026 4,000 shares Common stock sold during the past 3 months
Proceeds on May 29, 2026 sale $2,296,000.00 Aggregate sale value for 4,000 shares
Shares sold on August 6, 2026 2,547 shares Common stock sold during the past 3 months
Proceeds on August 6, 2026 sale $1,512,924.11 Aggregate sale value for 2,547 shares
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 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 the Form 144 filing disclose about CACC insider Kenneth Booth?
The filing states that former director Kenneth Booth intends to sell up to 2,500 shares of CREDIT ACCEPTANCE CORP common stock under Rule 144, following a stock option exercise for cash, with an aggregate market value of $1,510,000.00 as of August 21, 2026.

How many CACC (CACC) shares are covered by the new Rule 144 notice?
The notice covers a proposed sale of 2,500 shares of CREDIT ACCEPTANCE CORP common stock. These shares are associated with a stock option exercise and are planned to be sold for cash through Fidelity Brokerage Services LLC.

What is the reported market value of the CACC shares in this Form 144?
The Form 144 lists an aggregate market value of $1,510,000.00 for the 2,500 shares of CREDIT ACCEPTANCE CORP common stock proposed for sale as of August 21, 2026.

What CACC stock sales has Kenneth Booth made in the past three months?
The filing reports prior sales of CREDIT ACCEPTANCE CORP common stock by Kenneth Booth of 4,000 shares for $2,296,000.00 on May 29, 2026 and 2,547 shares for $1,512,924.11 on August 6, 2026.

Which broker is handling the planned Rule 144 sale for CACC shares?
The planned sale of 2,500 CACC common shares under Rule 144 is listed as being handled by Fidelity Brokerage Services LLC, with the stock traded on NASDAQ.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR