CREDIT ACCEPTANCE (CACC) CTO sells shares, holds 16,000 stock options

Rhea-AI Filing Summary

CREDIT ACCEPTANCE CORP Chief Technology Officer Valiyaveettil Ravi Mohan sold shares and reported existing options. On May 6, he sold 1,262 shares of common stock in an open-market transaction at $550.00 per share and now directly holds 25,984.6 common shares.

He also reported an existing employee stock option to buy 16,000 common shares at an exercise price of $424.12 per share, expiring on October 24, 2028. According to the filing, this option vests in four equal annual installments beginning on October 24, 2023.

Insider Trade Summary 10b5-1

Net Seller: 1,262 shares ($694,100)

Net Sell 2 txns

Insider Valiyaveettil Ravi Mohan

Role Chief Technology Officer

Sold 1,262 shs ($694K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,262	$550.00	$694K
holding	Employee Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 25,984.6 shares (Direct, null); Employee Stock Option (right to buy) — 16,000 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 1,262 shares Sale price: $550.00 per share Shares held after sale: 25,984.6 shares +3 more

6 metrics

Shares sold 1,262 shares Open-market sale of common stock on May 6, 2026

Sale price $550.00 per share Price received for sold common shares

Shares held after sale 25,984.6 shares Direct common stock ownership following transaction

Option exercise price $424.12 per share Exercise price of employee stock option

Option underlying shares 16,000 shares Common shares underlying reported employee stock option

Option expiration date October 24, 2028 Expiration of employee stock option

Key Terms

Employee Stock Option (right to buy), open-market sale, exercise price, vests in four equal annual installments

4 terms

Employee Stock Option (right to buy) financial

"Employee Stock Option (right to buy)"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

exercise price financial

"exercise price of $424.12 per share"

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.

vests in four equal annual installments financial

"The option vests in four equal annual installments"

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).

X

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^*

Valiyaveettil Ravi Mohan

(Last) (First) (Middle)

25505 WEST TWELVE MILE RD

(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 Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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	05/06/2026		S		1,262	D	$550	25,984.6	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)	$424.12							(1)	10/24/2028	Common Stock	16,000		16,000	D

Explanation of Responses:

1. The option vests in four equal annual installments beginning on October 24, 2023, which is the first anniversary of the date on which the option was granted.

Remarks:

	/s/ Ravi Mohan Valiyaveettil	05/08/2026
	** 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)

FAQ

What insider transaction did CREDIT ACCEPTANCE CORP (CACC) report for its CTO?

CREDIT ACCEPTANCE CORP reported that Chief Technology Officer Valiyaveettil Ravi Mohan sold 1,262 shares of common stock in an open-market transaction at $550.00 per share. After this sale, he directly holds 25,984.6 shares of the company’s common stock.

How many CREDIT ACCEPTANCE CORP (CACC) shares does the CTO hold after this Form 4?

After the reported transaction, Chief Technology Officer Valiyaveettil Ravi Mohan directly holds 25,984.6 shares of CREDIT ACCEPTANCE CORP common stock. This reflects his remaining direct ownership following the open-market sale of 1,262 shares at $550.00 per share.

At what price did the CREDIT ACCEPTANCE CORP (CACC) CTO sell his shares?

Chief Technology Officer Valiyaveettil Ravi Mohan sold 1,262 shares of CREDIT ACCEPTANCE CORP common stock at $550.00 per share. The filing characterizes this as an open-market sale or private transaction, with the shares held directly in his name.

What stock options does the CREDIT ACCEPTANCE CORP (CACC) CTO report holding?

The CTO reports an employee stock option to buy 16,000 CREDIT ACCEPTANCE CORP common shares at an exercise price of $424.12 per share, expiring on October 24, 2028. This option provides potential future share acquisition at the stated exercise price.

How do the CTO’s CREDIT ACCEPTANCE CORP (CACC) options vest over time?

According to the filing, the CTO’s employee stock option vests in four equal annual installments. Vesting begins on October 24, 2023, which is the first anniversary of the option grant date, gradually increasing the portion of options that become exercisable each year.

Does this CREDIT ACCEPTANCE CORP (CACC) Form 4 show any option exercises?

The Form 4 lists an employee stock option as a holding but does not report any option exercises. It details the option’s exercise price of $424.12, the 16,000 underlying common shares, the expiration date, and the four-year annual vesting schedule beginning on October 24, 2023.