Credit Acceptance Corp (CACC) officer sells 606 shares at $475 per share

Rhea-AI Filing Summary

Credit Acceptance Corp reported an insider stock sale by its Chief Mktg and Product Officer on 12/10/2025. The officer sold 606 shares of common stock at $475 per share. After this trade, the officer beneficially owns 23,873 shares, including 22,572 unvested restricted stock units granted under the company’s incentive compensation plan. The officer also holds employee stock options for 16,000 shares at an exercise price of $585.93, expiring on 04/18/2028 and exercisable in four equal annual installments beginning 04/18/2023.

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
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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^*

Rostami Andrew K

(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 Mktg and Product Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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	12/10/2025		S		606	D	$475	23,873(1)	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)	$585.93							(2)	04/18/2028	Common Stock	16,000		16,000	D

Explanation of Responses:

1. Includes 22,572 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation.

2. The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted.

Remarks:

	/s/ Andrew K. Rostami	12/12/2025
	** 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 Credit Acceptance Corp (CACC) disclose?

Credit Acceptance Corp disclosed that its Chief Mktg and Product Officer sold 606 shares of common stock on 12/10/2025.

At what price were the Credit Acceptance Corp (CACC) shares sold and how many remain owned?

The officer sold 606 shares at $475 per share and now beneficially owns 23,873 shares of Credit Acceptance Corp common stock.

How many restricted stock units does the Credit Acceptance Corp (CACC) officer hold?

The total beneficial ownership of 23,873 shares includes 22,572 unvested restricted stock units granted under the company’s Incentive Compensation Plan.

What stock options does the Credit Acceptance Corp (CACC) officer hold?

The officer holds an employee stock option to purchase 16,000 shares of common stock at an exercise price of $585.93, expiring on 04/18/2028.

How do the Credit Acceptance Corp (CACC) stock options vest?

The option for 16,000 shares is exercisable in four equal annual installments beginning on April 18, 2023, the first anniversary of the grant date.

What is the reporting person’s role at Credit Acceptance Corp (CACC)?

The reporting person is an officer of Credit Acceptance Corp, serving as Chief Mktg and Product Officer.