CREDIT ACCEPTANCE (CACC) Chief Business Officer awarded 3,494 stock shares

Rhea-AI Filing Summary

Schumann Steffen reported acquisition or exercise transactions in this Form 4 filing.

CREDIT ACCEPTANCE CORP Chief Business Officer Steffen Schumann received a grant of 3,494 shares of Common Stock on June 15, 2026. The shares were awarded at no cash cost to him as equity compensation and increase his direct holdings to 22,726 shares of Common Stock.

Insights

Equity compensation analyst

Routine compensation-related stock grant with no open-market buying or selling.

The Chief Business Officer of CREDIT ACCEPTANCE CORP, Steffen Schumann, received 3,494 shares of Common Stock as a grant, recorded at a per-share price of $0.00. This indicates a compensation award rather than an open-market transaction.

After this grant, his direct holdings total 22,726 shares of Common Stock. With no sales, exercises, or derivative positions reported in this filing, the activity appears routine and administrative, offering limited incremental insight into management’s view of the company’s valuation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schumann Steffen

Role Chief Business Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,494	$0.00	--

Holdings After Transaction: Common Stock — 22,726 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 3,494 shares Grant price per share: $0.00 per share Shares owned after grant: 22,726 shares +1 more

4 metrics

Shares granted 3,494 shares Common Stock grant on June 15, 2026

Grant price per share $0.00 per share Recorded transaction price for equity award

Shares owned after grant 22,726 shares Total direct Common Stock holdings post-transaction

Transaction type Grant, award, or other acquisition Transaction code A, non-derivative Common Stock

Key Terms

Grant, award, or other acquisition, Common Stock, Chief Business Officer

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Chief Business Officer financial

"officer_title: Chief Business Officer"

A chief business officer (CBO) is the executive responsible for a company's commercial strategy, partnerships, licensing, and business development—essentially the leader who turns technology or products into paying customers and deals. Investors care because the CBO's choices about partnerships, pricing, market entry and revenue models directly influence how fast a company grows and how much future cash flow or value it can deliver; think of the CBO as the company's head coach for winning business and income.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/08/2026 - 04:05 PM Accepted by SEC EDGAR 07/08/2026 - 04:04 PM Learn about SEC filing dates

FAQ

What insider transaction did CACC report for Steffen Schumann?

CREDIT ACCEPTANCE CORP reported that Chief Business Officer Steffen Schumann received a grant of 3,494 shares of Common Stock. The award was recorded at a price of $0.00 per share, indicating an equity compensation grant rather than an open-market purchase.

How many CREDIT ACCEPTANCE CORP (CACC) shares does Steffen Schumann now hold?

Following the reported grant, Steffen Schumann directly holds 22,726 shares of CREDIT ACCEPTANCE CORP Common Stock. This total reflects the addition of 3,494 granted shares on June 15, 2026, and no dispositions or derivative positions were disclosed in this filing.

Was the CACC insider transaction a market purchase or a stock award?

The CACC insider transaction was a stock award, not a market purchase. Steffen Schumann received 3,494 Common Stock shares at a stated price of $0.00 per share, which is typical for equity compensation grants rather than open-market buying activity.

Did the CACC Chief Business Officer sell any shares in this Form 4 filing?

No, the Form 4 shows no sales by the Chief Business Officer. It reports only the acquisition of 3,494 shares of Common Stock as a grant, increasing his direct holdings to 22,726 shares, with no dispositions or tax-withholding transactions indicated.

Does this CACC Form 4 filing include any option exercises or derivative securities?

This Form 4 filing does not include any option exercises or derivative securities. The derivativeSummary is empty, and the only reported transaction is a non-derivative grant of 3,494 Common Stock shares to the Chief Business Officer as an equity award.

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^*

Schumann Steffen

(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 Business Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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	06/15/2026		A		3,494	A	$0	22,726	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

Explanation of Responses:

Remarks:

	/s/ Steffen Schumann	07/08/2026
	** 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)