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.
Credit Acceptance Corporation filings document the regulatory record for a Nasdaq-listed consumer finance company with common stock registered under the ticker CACC. Its disclosures cover operating results, non-GAAP adjusted income measures, loan portfolio performance, forecasted future collections, dealer holdback payments, and risks tied to the automobile finance market and non-prime consumer credit.
The company's SEC filings also include material-event reports on asset-backed non-recourse secured financings, amendments to loan and security agreements, and trust or special purpose entity structures used to convey consumer loans and issue notes. Proxy materials document board matters, executive compensation, incentive plan information, shareholder voting items, and governance practices, while 8-K filings record officer transitions, Regulation FD materials, and other capital-structure or financing events.
Kenneth S. Booth reports sale of Common Stock. The filing lists two Rule 144 dispositions of Common Stock: 4,000 shares sold on 04/20/2026 for $2,136,000 and 4,000 shares sold on 05/06/2026 for $2,216,000.
The notice also references Options Granted 12/30/2020 and an entry showing 4,000 shares with a cash settlement date of 05/14/2026. The transactions are reported under Rule 144 as sales of restricted or control securities.
Credit Acceptance Corporation completed a $450.0 million asset-backed non-recourse secured financing backed by approximately $562.6 million of consumer auto loans. The loans were sold to a special purpose entity and then to a trust that issued three classes of notes, with tranche sizes of $248,750,000, $91,320,000, and $109,930,000 at interest rates of 4.65%, 4.96%, and 5.28%. The financing is expected to have an average annualized cost of about 5.2%, will revolve for 24 months before amortizing with loan cash flows, and is intended to repay higher-cost debt and fund general corporate purposes. Credit Acceptance will earn a 4.0% servicing fee on loan cash flows, while the remaining 96.0%, after dealer holdback, services the notes and related costs under a non-recourse structure to the company.
CREDIT ACCEPTANCE CORP Chief Technology Officer Valiyaveettil Ravi Mohan sold shares and reported existing options. On May 6, he sold 1,262 shares of common stock in an open-market transaction at $550.00 per share and now directly holds 25,984.6 common shares.
He also reported an existing employee stock option to buy 16,000 common shares at an exercise price of $424.12 per share, expiring on October 24, 2028. According to the filing, this option vests in four equal annual installments beginning on October 24, 2023.
Company filed Form 144 notice of proposed sale of Common Stock by several trusts and holders. The excerpt lists multiple proposed sale entries, including proposed sales of 10,000 shares by two trusts on 04/17/2026, 9,450 shares on 04/21/2026, and 32,300 shares on 05/07/2026. The filing shows broker details and historic founder share entries dated 07/19/1972.
Credit Acceptance Corp Chief Legal Officer Erin J. Kerber reported an option exercise paired with open-market sales of common stock. On May 6, 2026, she exercised employee stock options to acquire 1,753 shares of common stock at an exercise price of $333.94 per share and sold 1,753 shares in multiple open-market transactions, with weighted average sale prices reported between roughly $550 and $559 per share. She continues to hold an employee stock option covering 15,500 underlying shares at an exercise price of $454.11 per share, expiring in 2027, along with 240 shares held indirectly through the company’s 401(k) Profit Sharing Plan and Trust as of May 7, 2026.
Credit Acceptance Corp Chief Transformation Officer Nicholas J. Elliott reported exercising employee stock options for 1,672 shares of common stock at an exercise price of $333.94 per share and selling 1,672 shares in open‑market transactions.
The sales on May 6, 2026 were executed in multiple trades at prices ranging from $550.00 to $557.09 per share, as disclosed in weighted‑average footnotes. Following the transactions, Elliott directly holds 20,897.3 shares of common stock and indirectly holds 322 shares through the company’s 401(k) stock fund as of May 7, 2026.
CREDIT ACCEPTANCE CORP Chief People Officer Wendy A. Rummler reported an option exercise and related share sales. On May 6, 2026, she exercised employee stock options for 2,068 shares of common stock at an exercise price of $333.94 per share. That same day, she sold 2,068 common shares in multiple open-market transactions at prices reported between $550.00 and $565.15 per share. After the transactions, she reports owning 19,990.1 common shares directly, plus additional indirect holdings through revocable trusts.
Credit Acceptance Chief Financial Officer D. Jay Martin reported a mix of stock option activity and open-market sales. On May 6, 2026, he exercised 1,439 shares of common stock at an exercise price of $333.94 per share from employee stock options. That same day, he sold 1,439 common shares in multiple open-market transactions at prices generally in the $550–$559 range, as reflected in weighted-average prices and detailed ranges in the footnotes. After these transactions, he directly owned 27,402.1 common shares and continued to hold employee stock options covering 2,250 underlying shares with a $390.39 exercise price expiring on April 28, 2027.
Credit Acceptance Corp’s Chief Operating Officer Jonathan Lum reported an exercise-and-sale transaction in company stock. On May 6, 2026, he exercised employee stock options to acquire 4,000 shares of common stock at $333.94 per share, then completed an open-market sale of 4,000 shares at $550.00 per share. Following these transactions, he holds 31,608.6 shares of common stock directly, so the sale represents a little over ten percent of his direct holdings.
CREDIT ACCEPTANCE CORP director Kenneth Booth reported an option exercise and related share sale. On May 6, 2026, he exercised options to acquire 4,000 shares of common stock at $333.94 per share, then sold 4,000 shares at $554.00 per share in an open-market transaction.
After these transactions, Booth directly owns 22,831.9 shares of common stock. He also holds an employee stock option covering 110,000 underlying shares with a $390.39 exercise price, expiring on January 31, 2028.