Credit Acceptance (CACC) COO has 777 shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Credit Acceptance Corp’s Chief Operating Officer Jonathan Lum reported an automatic share withholding tied to equity compensation. On January 31, 2026, 777.4 shares of common stock were withheld at $498.24 per share to cover tax obligations from the vesting and settlement of restricted stock units.

After this transaction, Lum directly beneficially owned 30,715.6 shares of common stock. He also held an employee stock option for 31,500 shares of common stock at an exercise price of $333.94 per share, exercisable from December 30, 2024 until expiration on December 30, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LUM JONATHAN

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	777.4	$498.24	$387K
holding	Employee Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 30,715.6 shares (Direct); Employee Stock Option (right to buy) — 31,500 shares (Direct)

Footnotes (1)

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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^*

LUM JONATHAN

(Last) (First) (Middle)

25505 WEST TWELVE MILE ROAD

(Street)

SOUTHFIELD MI 48034-8334

(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 Operating 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		777.4(1)	D	$498.24	30,715.6	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)	$333.94							12/30/2024	12/30/2026	Common Stock	31,500		31,500	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.

Remarks:

	/s/ Jonathan L. Lum	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 Operating Officer Jonathan Lum report?

Jonathan Lum reported an automatic withholding of 777.4 Credit Acceptance Corp common shares on January 31, 2026. These shares were withheld at $498.24 each to satisfy tax withholding obligations tied to vesting and settlement of restricted stock units.

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

No, the transaction was not an open market sale. The 777.4 CACC shares were withheld by the company to satisfy tax withholding obligations when restricted stock units vested and settled into common stock for Chief Operating Officer Jonathan Lum.

How many CACC shares does Jonathan Lum own after the reported transaction?

After the January 31, 2026 transaction, Jonathan Lum beneficially owned 30,715.6 shares of Credit Acceptance Corp common stock directly. This figure reflects the share balance following the tax-related withholding of 777.4 shares tied to restricted stock unit vesting.

What stock options does CACC COO Jonathan Lum hold according to this Form 4?

Jonathan Lum holds employee stock options for 31,500 Credit Acceptance Corp shares at a $333.94 exercise price. These options became exercisable on December 30, 2024 and expire on December 30, 2026, representing derivative securities beneficially owned directly.

What does transaction code F mean in this CACC Form 4 filing?

Transaction code F in this CACC Form 4 indicates shares were withheld for taxes. Specifically, 777.4 common shares were withheld to satisfy tax obligations related to the vesting and settlement of restricted stock units into common stock for Jonathan Lum.

What is Jonathan Lum’s role at Credit Acceptance Corp in this filing?

In this Form 4, Jonathan Lum is identified as an officer of Credit Acceptance Corp, serving as Chief Operating Officer. He is not listed as a director or 10% owner, and the filing covers his beneficial ownership and related equity compensation activity.