STOCK TITAN

Kenneth Booth of CREDIT ACCEPTANCE (CACC) receives 358-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CREDIT ACCEPTANCE CORP director Kenneth Booth reported a share grant under the company’s equity compensation program. On June 10, 2026, he received 358 shares of common stock at a stated price of $0.00 per share, characterized as a grant or award rather than an open-market purchase. After this award, his direct common stock holdings increased to 23,189.9 shares. The filing also lists outstanding employee stock options giving rights to acquire 110,000 shares of common stock at an exercise price of $390.39 per share expiring on January 31, 2028, and options for 14,000 shares at $333.94 per share expiring on December 30, 2026, showing a substantial remaining derivative position.

Positive

  • None.

Negative

  • None.
Insider Booth Kenneth
Role null
Type Security Shares Price Value
Grant/Award Common Stock 358 $0.00 --
holding Employee Stock Option (right to buy) -- -- --
holding Employee Stock Option (right to buy) -- -- --
Holdings After Transaction: Common Stock — 23,189.9 shares (Direct, null); Employee Stock Option (right to buy) — 14,000 shares (Direct, null)
Footnotes (1)
Share grant 358 shares Common stock grant on June 10, 2026
Post-grant holdings 23,189.9 shares Common stock directly held after grant
Option strike price $390.39/share Employee stock option expiring January 31, 2028
Underlying shares (option 1) 110,000 shares Underlying common stock for $390.39 options
Option strike price $333.94/share Employee stock option expiring December 30, 2026
Underlying shares (option 2) 14,000 shares Underlying common stock for $333.94 options
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"underlying_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.
exercise price financial
"conversion_or_exercise_price: "390.3900" and "333.9400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2028-01-31" and "2026-12-30""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
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SEC Form 4
FORM 4UNITED 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*
Booth Kenneth

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A358A$023,189.9D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$333.9412/30/202412/30/2026Common Stock14,00014,000D
Employee Stock Option (right to buy)$390.3904/28/202501/31/2028Common Stock110,000110,000D
Explanation of Responses:
Remarks:
/s/ Kenneth S. Booth06/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did CREDIT ACCEPTANCE (CACC) report for Kenneth Booth?

CREDIT ACCEPTANCE director Kenneth Booth reported receiving 358 shares of common stock on June 10, 2026. The shares were granted at a stated price of $0.00, indicating a compensation-related award rather than an open-market purchase.

How many CREDIT ACCEPTANCE (CACC) shares does Kenneth Booth hold after this Form 4?

After the reported grant, Kenneth Booth directly holds 23,189.9 shares of CREDIT ACCEPTANCE common stock. This figure comes from the post-transaction ownership line tied to the 358-share award dated June 10, 2026.

What stock options for CREDIT ACCEPTANCE (CACC) does Kenneth Booth have outstanding?

The filing lists employee stock options covering 110,000 underlying shares at an exercise price of $390.39 expiring January 31, 2028, and options for 14,000 underlying shares at $333.94 expiring December 30, 2026, all on CREDIT ACCEPTANCE common stock.

Was the June 10, 2026 CREDIT ACCEPTANCE (CACC) transaction an open-market buy or a grant?

The June 10, 2026 transaction is classified as a grant, award, or other acquisition under code A. The 358 shares were acquired at a stated price of $0.00, indicating compensation, not an open-market purchase.

Does the CREDIT ACCEPTANCE (CACC) Form 4 show any insider share sales?

This Form 4 shows no insider sales. It reports one acquisition of 358 common shares as a grant and two derivative “holding” entries for existing options, with no buy or sell transactions recorded in the transaction summary.