CREDIT ACCEPTANCE CORP (CACC) SEC Filings, Aug-Sep 2025

Form 144 filed for Credit Acceptance Corp (CACC) reports a proposed sale of 10,000 shares of common stock through UBS Financial Services with an aggregate market value of $5,150,000. The filing shows those shares were acquired on 10/01/2008 as a GRAT remainder. The seller lists approximately 11,237,661 shares outstanding for the class and indicates an approximate sale date of 09/09/2025 on the NASDAQ. The filing also discloses a recent sale within the past three months by a related trust: 20,000 common shares sold on 07/02/2025 for $15,874,245 gross proceeds. The notice includes the standard representation that the seller has no undisclosed material adverse information.

Credit Acceptance Corporation (CACC) director and Chief Alignment Officer Nicholas J. Elliott reported selling 350 shares of CACC common stock at $521.73 per share and disclosing 315 shares held indirectly in the company 401(k) stock fund. The filing also shows Mr. Elliott directly holds 19,034.86 shares following the sale, which include 18,373 unvested restricted stock units granted under the company’s incentive plan. In addition, he holds 13,950 exercisable employee stock options with a $333.94 exercise price expiring in 2026. The transaction is reported as a sale and the ownership mix includes direct shares, RSUs and a 401(k) holding.

Form 144 notice for Credit Acceptance Corp (CACC) reports a proposed sale of 1,000 common shares through Fidelity Brokerage Services on NASDAQ with an aggregate market value of $523,494.80. The filer states there are 11,237,661 shares outstanding for the class. The shares to be sold were acquired as an option granted on 12/30/2020 and are recorded as acquired on 09/05/2025, with payment made in cash. The filing also discloses recent sales by Douglas W. Busk totaling 4,500 common shares in August 2025 for combined gross proceeds of $2,212,064.40. The notice contains the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Credit Acceptance Corp (CACC) filed a Form 144 reporting a proposed sale of 350 shares of Common stock through Fidelity Brokerage Services LLC on NASDAQ. The filer indicates the shares were acquired on 01/30/2023 upon restricted stock vesting from the issuer and were paid as compensation. The aggregate market value of the proposed sale is listed as $182,605.50 with approximately 11,237,661 shares outstanding. The approximate date of sale is 09/05/2025. The filer certifies no undisclosed material adverse information and provides the standard Rule 144 representations.

Jonathan L. Lum, Chief Operating Officer of Credit Acceptance Corporation (CACC), reported Option exercise and offsetting open-market sales on 08/25/2025. He exercised an employee stock option to acquire 6,000 shares at an exercise price of $333.94. On the same date he sold 6,000 shares in multiple transactions at weighted average prices reported across a range from $508.38 to $517.83 per share. The Form 4 shows his beneficial ownership declining through those sales from 37,493 shares to 31,493 shares following the transactions. The filing also discloses that his reported holdings include 23,884 unvested restricted stock units, each representing one share of common stock.

Daniel A. Ulatowski, Chief Sales Officer of Credit Acceptance Corporation (CACC), reported option exercises and open-market sales on 08/22/2025 and 08/25/2025. He exercised employee stock options to acquire 1,505 shares on 08/22/2025 at an exercise price of $333.94 and 2,139 shares on 08/25/2025 at the same exercise price. He sold a total of 3,697 shares across multiple transactions at weighted average prices ranging from about $507.00 to $510.39. The filing discloses 28,290 unvested restricted stock units and additional shares held indirectly: 4,000 shares in the company 401(k) fund and 4,000 owned of record by the Ulatowski living trust.

Form 144 notice for CACC insider sale. The filing reports that Douglas W. Busk intends to sell 1,500 shares of Common stock through Fidelity Brokerage Services LLC on or about 08/26/2025 on NASDAQ, with an aggregate market value listed as $765,360.00. The filing states these shares were acquired as an option granted 12/30/2020 and shows a date acquired of 08/26/2025; payment is indicated as cash. The form also discloses a recent sale by the same person of 3,000 shares on 08/13/2025 for gross proceeds of $1,446,704.40. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.

Credit Acceptance Corp (CACC) submitted a Form 144 notice reporting a proposed sale of 6,000 common shares through Fidelity Brokerage Services on the NASDAQ with an aggregate market value of $3,012,000. The filing lists 11,237,661 shares outstanding for the class, so the proposed sale represents roughly 0.053% of that total. The securities are tied to an option granted on 12/30/2020 and show an acquisition/exercise date of 08/25/2025, with cash payment noted. The filer states there are no securities sold in the past three months and certifies no undisclosed material adverse information.

Form 144 filed for Credit Acceptance Corp (CACC) indicates a proposed sale of 2,139 common shares through Fidelity Brokerage Services with an aggregate market value of $1,088,860.18, to be sold approximately on 08/25/2025 on NASDAQ. The filing shows the securities were acquired via an option granted 12/30/2020 and exercised/dated 08/25/2025 with payment in cash. The filer also disclosed two prior sales by the same person within the past three months: 6,356 shares (06/11/2025) for $3,318,855.95 and 1,505 shares (08/22/2025) for $763,429.61. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.