Credit Acceptance (CACC) legal chief logs RSU tax share withholding

Rhea-AI Filing Summary

Credit Acceptance Corp Chief Legal Officer Erin J. Kerber reported a tax‑related share withholding tied to equity compensation. On 01/31/2026, 542.3 shares of common stock were withheld at $498.24 per share to satisfy tax obligations from restricted stock units vesting and settling into common shares.

After this transaction, Kerber beneficially owned 25,710.7 common shares directly and 236 shares indirectly through the company’s 401(k) profit sharing plan. She also held employee stock options covering 15,500 shares at $454.11 and 14,625 shares at $333.94, with stated future exercisable and expiration dates.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider KERBER ERIN J

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	542.3	$498.24	$270K
holding	Employee Stock Option (right to buy)	--	--	--
holding	Employee Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 25,710.7 shares (Direct); Employee Stock Option (right to buy) — 15,500 shares (Direct); Common Stock — 236 shares (Indirect, By 401(k) Trust)

Footnotes (1)

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

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^*

KERBER ERIN J

(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 Legal 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		542.3(1)	D	$498.24	25,710.7	D
Common Stock								236	I	By 401(k) Trust(2)

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)	$454.11							06/28/2025	06/28/2027	Common Stock	15,500		15,500	D
Employee Stock Option (right to buy)	$333.94							12/30/2024	12/30/2026	Common Stock	14,625		14,625	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.

2. 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/ Erin J. Kerber	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 Chief Legal Officer Erin Kerber report?

Erin J. Kerber reported 542.3 Credit Acceptance Corp common shares being withheld on 01/31/2026. The shares, valued at $498.24 each, were used to cover tax withholding obligations tied to the vesting and settlement of restricted stock units into common stock.

Was Erin Kerber’s CACC Form 4 transaction an open-market sale?

The Form 4 shows a tax withholding transaction, not an open-market sale. 542.3 shares were withheld at $498.24 per share to satisfy tax obligations when restricted stock units vested and settled into Credit Acceptance Corp common shares.

How many CACC common shares does Erin Kerber own after this filing?

After the reported transaction, Erin J. Kerber beneficially owned 25,710.7 Credit Acceptance Corp common shares directly. She also had 236 shares held indirectly in the company’s 401(k) profit sharing plan stock fund as of January 29, 2026, according to the plan trustee.

What stock options for CACC does Erin Kerber hold according to the Form 4?

The Form 4 lists two employee stock option holdings for Erin J. Kerber. One covers 15,500 shares at an exercise price of $454.11, exercisable from 06/28/2025 to 06/28/2027. Another covers 14,625 shares at $333.94, exercisable from 12/30/2024 to 12/30/2026.

How are Erin Kerber’s indirect CACC holdings structured?

Erin J. Kerber’s indirect holdings consist of 236 Credit Acceptance Corp shares. These are held in the Credit Acceptance Stock Fund of the company’s 401(k) Profit Sharing Plan and Trust as of January 29, 2026, based on information from the plan’s trustee.

What role does Erin Kerber hold at Credit Acceptance Corp?

Erin J. Kerber is identified as an officer of Credit Acceptance Corp, serving as Chief Legal Officer. The Form 4 indicates the filing is for one reporting person, reflecting her beneficial ownership and recent equity compensation-related tax withholding transaction.