Credit Acceptance Corp (CACC) officer granted 2,492 shares, holds options

Rhea-AI Filing Summary

Credit Acceptance Corp’s Chief Transformation Officer, Nicholas J. Elliott, reported an equity award on Common Stock. On February 9, 2026, he acquired 2,492 shares at $0 as a grant, increasing his directly held stake to 20,897.3 shares.

He also reports 13,950 Employee Stock Options with a $333.94 exercise price, exercisable until December 30, 2026. In addition, 316 shares of Common Stock are held indirectly through the Credit Acceptance Stock Fund in the company’s 401(k) Profit Sharing Plan and Trust as of January 29, 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Elliott Nicholas J

Role Chief Transformation Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,492	$0.00	--
holding	Employee Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 20,897.3 shares (Direct); Employee Stock Option (right to buy) — 13,950 shares (Direct); Common Stock — 316 shares (Indirect, By 401(k) Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Elliott Nicholas J

(Last) (First) (Middle)

25505 WEST TWELVE MILE RD

(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 Transformation Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		A		2,492	A	$0	20,897.3	D
Common Stock								316	I	By 401(k) Trust(1)

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	13,950		13,950	D

Explanation of Responses:

1. Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of January 29, 2026, according to the Plan trustee.

Remarks:

	/s/ Nicholas J. Elliott	02/11/2026
	** 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 officer Nicholas J. Elliott report?

Nicholas J. Elliott reported receiving 2,492 CACC common shares as an equity grant. The award was recorded on February 9, 2026 at a transaction price of $0 per share, reflecting a grant or award rather than an open-market purchase or sale.

How many CACC shares does Nicholas J. Elliott own after this Form 4?

After the grant, Nicholas J. Elliott directly owns 20,897.3 CACC common shares. This figure reflects his post-transaction direct holdings following the 2,492-share award reported on February 9, 2026 in the Form 4 filing.

What stock options does the CACC Chief Transformation Officer hold?

He holds 13,950 Employee Stock Options with a $333.94 exercise price. These options relate to CACC Common Stock, are reported as directly owned, and are exercisable from December 30, 2024 until their expiration on December 30, 2026, subject to plan terms.

Does Nicholas J. Elliott have indirect ownership of CACC shares?

Yes, 316 CACC common shares are held indirectly through a 401(k) trust. They are in the Credit Acceptance Stock Fund of the company’s 401(k) Profit Sharing Plan and Trust, based on information from the plan trustee as of January 29, 2026.

What does transaction code A mean in this CACC Form 4 filing?

Transaction code A indicates a grant, award, or other acquisition of shares. In this case, 2,492 CACC common shares were acquired at $0, consistent with an equity award rather than a market transaction or cash purchase by the reporting officer.

Who is the reporting person in this CACC Form 4 filing?

The reporting person is Nicholas J. Elliott, Chief Transformation Officer of Credit Acceptance Corp. He filed individually, not jointly with others, and reported both common stock holdings and employee stock options related to the company’s shares.