Form 4: LUM JONATHAN reports acquisition/exercise transactions in CACC

Rhea-AI Filing Summary

LUM JONATHAN reported acquisition or exercise transactions in a Form 4 filing for CACC. The filing lists transactions totaling 893 shares. Following the reported transactions, holdings were 31,609 shares.

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^*

LUM JONATHAN

(Last) (First) (Middle)

25505 WEST TWELVE MILE ROAD

(Street)

SOUTHFIELD MI 48034-8334

(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 Operating 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		893	A	$0	31,608.6	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	31,500		31,500	D

Explanation of Responses:

Remarks:

	/s/ Jonathan L. Lum	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 Chief Operating Officer Jonathan Lum report?

Jonathan Lum reported an acquisition by grant of 893 CACC common shares. The award occurred on February 9, 2026 at a reported price of $0 per share, increasing his directly held beneficial ownership to 31,608.6 common shares after the transaction.

How many Credit Acceptance (CACC) shares does Jonathan Lum own after this filing?

After the reported grant, Jonathan Lum beneficially owns 31,608.6 CACC common shares directly. This figure reflects his holdings immediately following the February 9, 2026 acquisition of 893 shares reported as a grant or award on the insider filing.

What type of acquisition is shown in Jonathan Lum’s CACC Form 4?

The filing shows a grant or award acquisition of 893 common shares, not an open-market purchase. The transaction is coded as an acquisition at $0 per share, indicating compensation-related stock rather than a traditional buy in the market.

What stock options does CACC COO Jonathan Lum hold according to this filing?

Lum holds employee stock options to buy 31,500 CACC shares at $333.94 per share. These options are exercisable starting December 30, 2024 and expire on December 30, 2026, and are reported as directly owned derivative securities.

Does the Jonathan Lum Form 4 show any CACC share sales?

The filing reports an acquisition by grant and does not list any sales. The main non-derivative transaction is a zero-cost award of 893 common shares, while the derivative table reflects existing employee stock options rather than a sale transaction.

What is the exercise price and term of Jonathan Lum’s CACC employee stock options?

The employee stock options have a $333.94 exercise price per CACC share. They cover 31,500 underlying common shares, are exercisable beginning December 30, 2024, and carry an expiration date of December 30, 2026, as disclosed in the derivative securities table.