CACC (CACC) Chief Analytics Officer has 896.5 shares withheld for taxes

Rhea-AI Filing Summary

Credit Acceptance Corp’s Chief Analytics Officer, Arthur L. Smith, reported a routine share withholding related to equity compensation. On January 31, 2026, 896.5 shares of common stock were withheld at $498.24 per share to cover tax obligations from restricted stock units vesting.

After this transaction, Smith directly beneficially owned 27,893.5 shares of common stock. He also held employee stock options to purchase 37,500 shares of common stock at an exercise price of $333.94, exercisable from December 30, 2024 until December 30, 2026.

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

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X

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^*

SMITH ARTHUR L

(Last) (First) (Middle)

25505 WEST TWELVE MILE ROAD

(Street)

SOUTHFIELD MI 48034

(City) (State) (Zip)

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 Analytics Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

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

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

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

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	01/31/2026		F		896.5(1)	D	$498.24	27,893.5	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)	$333.94							12/30/2024	12/30/2026	Common Stock	37,500		37,500	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/ Arthur L. Smith	02/03/2026
	** 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.

FAQ

What insider transaction did CACC’s Arthur L. Smith report?

Arthur L. Smith reported a tax withholding transaction where 896.5 CACC common shares were withheld at $498.24 per share. This was tied to the vesting and settlement of restricted stock units into common stock, not an open-market sale.

Was the CACC Form 4 transaction an open-market sale by Arthur L. Smith?

No. The Form 4 states the 896.5 CACC shares were withheld to satisfy tax withholding obligations on vested restricted stock units. This means the shares covered taxes due on equity compensation rather than being sold at Smith’s discretion in the market.

How many CACC shares does Arthur L. Smith own after this transaction?

Following the tax withholding transaction, Arthur L. Smith directly beneficially owned 27,893.5 shares of Credit Acceptance Corp common stock. This figure reflects his updated direct holdings after 896.5 shares were withheld for tax purposes on January 31, 2026.

What stock options does Arthur L. Smith hold in CACC?

Arthur L. Smith holds employee stock options to buy 37,500 shares of CACC common stock at an exercise price of $333.94. These options are exercisable starting December 30, 2024, and expire on December 30, 2026, according to the Form 4 disclosure.

What does transaction code “F” mean in the CACC Form 4?

Transaction code “F” in the CACC Form 4 denotes shares withheld to pay taxes on equity awards. In this case, 896.5 common shares were withheld to satisfy tax obligations when restricted stock units vested and were settled in common stock.

What role does Arthur L. Smith hold at Credit Acceptance Corp (CACC)?

Arthur L. Smith is identified as an officer of Credit Acceptance Corp, serving as the Chief Analytics Officer. The Form 4 confirms his status as an executive officer but not as a director or 10% beneficial owner of the company’s common stock.