Credit Acceptance (CACC) officer has 629.6 shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Credit Acceptance Corporation Chief Transformation Officer Nicholas J. Elliott reported an automatic share withholding related to equity compensation. On January 31, 2026, 629.6 shares of common stock were withheld at $498.24 per share to cover tax obligations from vesting restricted stock units.

After this transaction, Elliott beneficially owned 18,405.26 shares of common stock directly, plus 316 shares held indirectly in the company’s 401(k) plan, and 13,950 employee stock options exercisable for common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Elliott Nicholas J

Role Chief Transformation Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	629.6	$498.24	$314K
holding	Employee Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 18,405.26 shares (Direct); Employee Stock Option (right to buy) — 13,950 shares (Direct); Common Stock — 316 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^*

Elliott Nicholas J

(Last) (First) (Middle)

25505 WEST TWELVE MILE RD

(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 Transformation 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		629.6(1)	D	$498.24	18,405.26	D
Common Stock								316	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)	$333.94							12/30/2024	12/30/2026	Common Stock	13,950		13,950	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/ Nicholas J. Elliott	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 executive Nicholas J. Elliott report?

Nicholas J. Elliott reported an automatic withholding of 629.6 Credit Acceptance (CACC) common shares. The shares were withheld at $498.24 each to satisfy tax obligations from vesting restricted stock units, rather than representing an open-market sale or discretionary trade.

Was the CACC insider transaction an open-market sale of shares?

No, the reported CACC transaction was not an open-market sale. 629.6 shares were withheld by the company to cover tax withholding obligations triggered by the vesting and settlement of restricted stock units into common stock for executive Nicholas J. Elliott.

How many CACC shares does Nicholas J. Elliott own after this Form 4?

Following the reported transaction, Nicholas J. Elliott directly owned 18,405.26 shares of Credit Acceptance common stock. He also had 316 shares held indirectly through the company’s 401(k) plan and 13,950 employee stock options exercisable for additional common shares.

What price per share was used for the CACC tax withholding transaction?

The tax withholding transaction for Credit Acceptance shares used a price of $498.24 per share. This price applied to the 629.6 common shares withheld to satisfy tax obligations associated with the vesting of restricted stock units into common stock for the executive.

What derivative securities related to CACC does Nicholas J. Elliott hold?

Nicholas J. Elliott holds 13,950 employee stock options for Credit Acceptance common stock. These options have an exercise price of $333.94 per share and are exercisable between December 30, 2024, and December 30, 2026, according to the reported derivative securities table.

How many CACC shares does Elliott hold through the company 401(k) plan?

Through the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust, Nicholas J. Elliott holds 316 shares of company stock. This indirect ownership is in the Credit Acceptance Stock Fund, with holdings reported as of January 29, 2026, by the plan trustee.