Shareholders at Credit Acceptance (CACC) back directors, pay and 2026 auditor

Rhea-AI Filing Summary

Credit Acceptance Corporation reported results of its Annual Meeting of Shareholders held on June 10, 2026. Shareholders elected six directors to serve until the 2027 annual meeting, including Kenneth S. Booth, Glenda J. Flanagan, Vinayak R. Hegde, Sean E. Quinn, Thomas N. Tryforos, and Scott J. Vassalluzzo.

Investors also approved, on an advisory basis, the company’s named executive officer compensation, with 5,229,825 votes for and 1,056,747 against. In addition, shareholders ratified the selection of Grant Thornton LLP as independent registered public accounting firm for 2026, with 7,927,281 votes for and 330,863 against.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Votes for Booth: 5,861,709 votes Votes for Hegde: 6,269,849 votes Broker non-votes directors: 1,969,855 votes +4 more

7 metrics

Votes for Booth 5,861,709 votes Election of director Kenneth S. Booth

Votes for Hegde 6,269,849 votes Election of director Vinayak R. Hegde

Broker non-votes directors 1,969,855 votes Broker non-votes on each director nominee

Say-on-pay for votes 5,229,825 votes Advisory vote on executive compensation

Say-on-pay against votes 1,056,747 votes Advisory vote on executive compensation

Auditor ratification for votes 7,927,281 votes Ratification of Grant Thornton LLP for 2026

Auditor ratification against votes 330,863 votes Ratification of Grant Thornton LLP for 2026

Key Terms

broker non votes, named executive officer compensation, independent registered public accounting firm, emerging growth company, +1 more

5 terms

broker non votes financial

"Director Nominees | For | Withheld | Broker Non Votes"

named executive officer compensation financial

"Approved named executive officer compensation on an advisory basis"

Pay and benefits disclosed for a company’s top executives identified in regulatory filings, including salary, bonuses, stock awards, option grants, pension contributions and other perks. Think of it as a public paycheck summary for senior managers that shows how they are rewarded and motivated. Investors use it to judge whether executive incentives align with shareholder interests, to assess potential costs and risks, and to evaluate corporate governance.

independent registered public accounting firm financial

"Ratified the selection of Grant Thornton LLP as our independent registered public accounting firm for 2026"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

emerging growth company regulatory

"Emerging growth company o"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Annual Meeting of Shareholders financial

"On June 10, 2026, Credit Acceptance held its Annual Meeting of Shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

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Understanding 8-K Material Events →

0000885550false00008855502026-06-102026-06-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):   June 10, 2026

CREDIT ACCEPTANCE CORPORATION

(Exact name of registrant as specified in its charter)

Michigan

000-20202

38-1999511

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

25505 West Twelve Mile Road

Southfield,

Michigan

48034-8339

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:   (248) 353-2700

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, $.01 par value

CACC

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.07. Submission of Matters to a Vote of Security Holders.

On June 10, 2026, Credit Acceptance held its Annual Meeting of Shareholders at which shareholders:

1.Elected six directors to serve until the 2027 annual meeting;

2.Approved named executive officer compensation on an advisory basis;

3.Ratified the selection of Grant Thornton LLP as our independent registered public accounting firm for 2026.

Shareholders cast their votes on each of these three proposals as follows:

1. Election of six directors to serve until the 2027 Annual Meeting of Shareholders:

Director Nominees						For						Withheld						Broker Non Votes
Kenneth S. Booth						5,861,709						426,771						1,969,855
Glenda J. Flanagan						5,383,677						904,803						1,969,855
Vinayak R. Hegde						6,269,849						18,631						1,969,855
Sean E. Quinn						5,961,715						326,765						1,969,855
Thomas N. Tryforos						5,581,004						707,476						1,969,855
Scott J. Vassalluzzo						5,343,627						944,853						1,969,855

2.Approval of the advisory vote on named executive officer compensation:

For						Against						Abstain						Broker Non Votes
5,229,825						1,056,747						1,908						1,969,855

3.Ratification of the selection of Grant Thornton LLP as our independent registered public accounting firm for 2026:

For						Against						Abstain						Broker Non Votes
7,927,281						330,863						191						—

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			CREDIT ACCEPTANCE CORPORATION
Date: June 10, 2026			By:			/s/ Jay D. Martin
						Jay D. Martin
						Chief Financial Officer

FAQ

What did Credit Acceptance (CACC) shareholders decide at the 2026 annual meeting?

Shareholders elected six directors to serve until the 2027 annual meeting and supported advisory executive compensation and auditor ratification proposals. All three management-backed items received strong majorities of votes cast, confirming the existing board, pay practices, and use of Grant Thornton LLP for 2026.

Which directors were elected at Credit Acceptance’s 2026 shareholder meeting?

Shareholders elected Kenneth S. Booth, Glenda J. Flanagan, Vinayak R. Hegde, Sean E. Quinn, Thomas N. Tryforos, and Scott J. Vassalluzzo. Each director nominee received more votes “for” than “withheld,” and will serve until the 2027 Annual Meeting of Shareholders under the company’s standard governance framework.

How did Credit Acceptance (CACC) shareholders vote on executive compensation?

Shareholders approved named executive officer compensation on an advisory basis, with 5,229,825 votes for, 1,056,747 against, and 1,908 abstentions. There were 1,969,855 broker non-votes. This advisory “say-on-pay” outcome indicates investor support for the company’s current executive pay program structure.

What were the auditor ratification results for Credit Acceptance in 2026?

Shareholders ratified Grant Thornton LLP as Credit Acceptance’s independent registered public accounting firm for 2026. The vote was 7,927,281 shares for, 330,863 against, and 191 abstentions, with no broker non-votes reported, indicating broad shareholder support for continuing with Grant Thornton LLP.

How many broker non-votes occurred on Credit Acceptance’s 2026 director elections?

Each director election showed 1,969,855 broker non-votes. Broker non-votes arise when brokers hold shares but are not instructed on non-routine proposals. These shares count for quorum but are not treated as votes cast for or against the director nominees listed.

What is the trading symbol and exchange for Credit Acceptance’s common stock?

Credit Acceptance’s common stock, with a par value of $0.01 per share, trades under the symbol CACC. It is listed on The Nasdaq Stock Market, providing shareholders with public market liquidity subject to normal exchange rules and trading practices.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB