Welcome to our dedicated page for Credit Accep Mich SEC filings (Ticker: CACC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Credit Acceptance Corporation (CACC) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Credit Acceptance is a Michigan corporation whose common stock is listed on The Nasdaq Stock Market under the symbol CACC, as noted in its Form 8-K reports. Through these filings, investors can review how the company describes its automobile-focused Consumer Loan business, funding arrangements, and corporate actions.
Among the key documents available are current reports on Form 8-K, which Credit Acceptance uses to disclose material events. Recent 8-K filings describe asset-backed non-recourse secured financings in which consumer loans are conveyed to special purpose entities and then to trusts that issue notes backed by those loans. These filings outline the structure of the financings, the role of the company as servicer, the treatment of dealer holdback, and the non-recourse nature of the debt to the company, subject to limited recourse obligations.
Other 8-Ks report extensions and amendments to revolving secured warehouse facilities and the company’s revolving secured line of credit facility, including revised dates on which facilities cease to revolve, changes to interest rate spreads over the Secured Overnight Financing Rate (SOFR), and confirmation of whether balances are outstanding. Filings also cover board-authorized share repurchase programs and executive leadership changes, such as the planned retirement of the Chief Executive Officer and the appointment of a new CEO and President.
On Stock Titan, these filings are updated as they are made available on EDGAR, and AI-powered tools can help summarize complex sections, highlight key terms in financing agreements, and clarify the implications of items such as new credit facilities, securitizations, or executive transitions. Users can also identify filings that relate to earnings press releases referenced in Item 2.02 of Form 8-K and track how Credit Acceptance communicates changes in its loan portfolio forecasts and capital structure through its SEC disclosures.
Credit Acceptance Corp. submitted a Form 144 reporting a proposed sale of common stock. The notice identifies a sale of 1,500 common shares through Fidelity Brokerage Services LLC on NASDAQ with an approximate sale date of 08/13/2025. The form lists an aggregate market value of $728,129.40 against 11,237,661 shares outstanding.
The filing records the securities as acquired via an option granted on 12/30/2020, with acquisition and payment dates shown as 08/13/2025 and cash noted as the payment method. The form indicates no securities sold in the past three months and the visible sections do not show a filer CIK or contact details.
Credit Acceptance Corp (CACC) submitted a Form 144 reporting a proposed sale of 1,500 common shares through Fidelity Brokerage Services. The filing lists an aggregate market value of $718,575 and shows 11,237,661 shares outstanding, so the block represents a very small portion of the company's shares outstanding.
The table records the securities were acquired on 08/13/2025 with the acquisition described as "Option Granted - 12/30/2020", and the approximate sale date is listed as 08/13/2025. Payment is shown as cash. The filing also states "Nothing to Report" for securities sold during the past three months and includes the standard seller representation required by the form about material nonpublic information.
Credit Acceptance Corp. (CACC) Form 144 filing: The Jill Foss Watson Living Trust intends to sell up to 40,000 common shares through UBS Securities on or after 29 Jul 2025. Based on the stated aggregate market value of $20.65 million, the implied price is about $516 per share. The planned sale equals roughly 0.34 % of CACC’s 11.60 million shares outstanding.
The trust acquired the shares in 2011 via a GRAT remainder transfer. During the past three months it already sold 20,000 shares (2 Jul 2025) for $15.87 million. The signatory affirms no undisclosed adverse information exists.
- Class: Common stock
- Broker: UBS Securities LLC, NYC
- Planned exchange: NASDAQ
The notice does not alter corporate fundamentals but signals ongoing insider liquidity activity that investors may monitor for sentiment clues.
Form 4 filing overview (CACC – 7/2/2025): 10% owner Jill Foss Watson, trustee of the Jill Foss Watson Living Trust, executed a series of open-market sales totaling 20,000 shares of Credit Acceptance Corp. common stock on 2 July 2025. The shares were sold in ten separate blocks at weighted-average prices ranging from $535.87 to $546.28 per share. After completion of the transactions, the trust’s direct beneficial ownership fell from 122,107 shares (implied) to 102,107 shares.
The transaction generated gross proceeds of roughly $10.8 million (20,000 × ≈$540). Footnote 2 notes a non-cash transfer of 30,180 shares into the Living Trust since the prior Form 4, which did not affect the reporter’s pecuniary interest. No derivative securities were involved, and the filing was made by a single reporting person. The sales reduce the insider’s stake by about 16%, which investors often view as a potential bearish signal, especially when conducted by a >10% holder.
The Schedule 13D/A (Amendment No. 13) discloses the updated equity positions of the Prescott investment entities and related individuals in Credit Acceptance Corporation (NASDAQ: CACC) as of 7 July 2025. Based on the issuer’s 11,603,475 outstanding shares (Form 10-Q filed 30 Apr 2025), Prescott General Partners LLC ("PGP") remains the largest holder in the group with 1,436,951 shares, or 12.4% of CACC’s common stock. Prescott Associates L.P. directly owns 911,132 shares (7.8%), while Prescott Investors Profit Sharing Trust holds 41,437 shares (0.4%). Individually, co-founder Thomas W. Smith reports 662,295 shares (5.7%) and director Scott J. Vassalluzzo reports 68,158 shares (0.6%). Combined, the managed accounts referenced in the filing control 1,576,044 shares, underscoring the group’s continued double-digit influence.
The amendment was triggered by a 42,329-share in-kind distribution by Prescott Associates on 2 Jul 2025 to satisfy a limited-partner withdrawal, valued at $509.43 per share. Funding for historical purchases totaled $20.46 million, sourced mainly from Prescott Associates ($9.54 million), Prescott Investors Profit Sharing Trust ($0.36 million), and personal funds from Smith ($8.25 million) and Vassalluzzo ($0.99 million). While the group affirms it may engage management or other shareholders to enhance value, it states no current plans to pursue corporate actions enumerated in Item 4 (e.g., mergers, board changes). Future buying or selling will depend on market conditions and alternative opportunities.
- Key stakes: PGP 12.4%, Prescott Associates 7.8%, Smith 5.7%, cumulative managed accounts 13.6%.
- Recent activity: 42,329-share distribution reduced Prescott Associates’ stake marginally.
- Potential activism: Group reserves right to discuss strategic options but disclaims any formal proposals at this time.
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