CREDIT ACCEPTANCE CORP Insider Trading Activity

Credit Acceptance Corp Chief Marketing and Product Officer Andrew K. Rostami reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Credit Acceptance Corp Chief Marketing and Product Officer Andrew K. Rostami reported a routine tax-related share disposition. On the reported date, 473.5 shares of common stock were withheld at $527.56 per share to satisfy tax obligations tied to vesting and settlement of restricted stock units, not an open‑market sale.

After this withholding, Rostami directly held 23,090.9 shares of common stock. He also held an employee stock option over 16,000 underlying common shares with an exercise price of $585.93 per share, expiring in 2028, showing a substantial remaining equity position.

Insider Trade Summary

Exercise Price or Tax Liability: 473.5 shares

Exercise Price or Tax Liability 2 txns

Insider Rostami Andrew K

Role Chief Mktg and Product Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	473.5	$527.56	$250K
holding	Employee Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 23,090.9 shares (Direct); Employee Stock Option (right to buy) — 16,000 contracts (Direct)

Footnotes (1)

1. F1. Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and settlement of restricted stock units to shares of common stock.

Key Figures

Shares withheld for tax: 473.5 shares Withholding price: $527.56 per share Shares held after: 23,090.9 shares +3 more

6 metrics

Shares withheld for tax 473.5 shares Tax withholding on RSU vesting

Withholding price $527.56 per share Price for 473.5 withheld shares

Shares held after 23,090.9 shares Common stock directly held post-transaction

Option underlying shares 16,000 shares Underlying common stock for employee option

Option exercise price $585.93 per share Exercise price of employee stock option

Option expiration 2028-04-18 Expiration date of employee stock option

Key Terms

restricted stock units, tax withholding obligations, Employee Stock Option (right to buy), tax-withholding disposition, +1 more

5 terms

restricted stock units financial

"in conjunction with the vesting and settlement of restricted stock units to shares of common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"Shares withheld to satisfy tax withholding obligations in conjunction with the vesting"

Employee Stock Option (right to buy) financial

"security_title": "Employee Stock Option (right to buy)"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

underlying security shares financial

"underlying_security_shares": "16000.0000"

FAQ

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

What did CACC executive Andrew K. Rostami report in this Form 4?

Andrew K. Rostami reported a tax-related share disposition. 473.5 common shares were withheld to cover tax obligations from vesting restricted stock units, leaving him with 23,090.9 directly held shares and significant outstanding stock options.

Was the CACC Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 473.5 shares were withheld to satisfy tax obligations when restricted stock units vested and settled into common shares, according to the filing footnote.

How many CACC shares does Andrew K. Rostami hold after the transaction?

After the tax withholding, Andrew K. Rostami directly held 23,090.9 shares of Credit Acceptance Corp common stock. This figure reflects his reported position following the restricted stock unit vesting and associated tax-withholding disposition.

What stock options does the CACC officer report in this Form 4?

Rostami reports an employee stock option linked to 16,000 underlying common shares. The option has an exercise price of $585.93 per share and an expiration date in 2028, representing a sizeable remaining derivative position.

How many CACC shares were used to cover tax obligations in this filing?

The filing shows 473.5 shares of common stock were withheld to satisfy tax withholding obligations. The transaction price was $527.56 per share, tied to the vesting and settlement of restricted stock units into common stock.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/21/2026 - 04:05 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rostami Andrew K

(Last) (First) (Middle)

25505 WEST TWELVE MILE ROAD

(Street)

SOUTHFIELD MICHIGAN 48034

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CREDIT ACCEPTANCE CORP [ CACC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Mktg and Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/18/2026		F		473.5(1)	D	$527.56	23,090.9	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$585.93							04/18/2026	04/18/2028	Common Stock	16,000		16,000	D

Explanation of Responses:

1. Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and settlement of restricted stock units to shares of common stock.

Remarks:

	/s/ Andrew K. Rostami	04/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)