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.
CREDIT ACCEPTANCE CORP director and 10% owner Scott J. Vassalluzzo reported an equity award of 358 shares of Common Stock. These shares were acquired as a grant at a stated price of $0.00 per share, bringing his direct holdings to 65,758 shares. The filing also notes 2,758 shares held in family accounts, for which he disclaims beneficial ownership except to the extent of any pecuniary interest.
Credit Acceptance Corporation announced a planned chief financial officer transition. Long-time CFO Jay Martin will retire as an officer and employee effective July 27, 2026, after 23 years with the company, and will remain as an employee advisor through August 31, 2026 on his current compensation.
The board appointed Joe Billante, age 50, as the new CFO effective July 27, 2026, making him the company’s principal financial and accounting officer. His compensation package includes a base salary of $750,000, a one-time signing bonus of $300,000, and a one-time grant of 26,223 Restricted Stock Units that vest annually over 10 years, aligning his interests with long-term company performance.
Credit Acceptance Corporation reported results of its Annual Meeting of Shareholders held on June 10, 2026. Shareholders elected six directors to serve until the 2027 annual meeting, including Kenneth S. Booth, Glenda J. Flanagan, Vinayak R. Hegde, Sean E. Quinn, Thomas N. Tryforos, and Scott J. Vassalluzzo.
Investors also approved, on an advisory basis, the company’s named executive officer compensation, with 5,229,825 votes for and 1,056,747 against. In addition, shareholders ratified the selection of Grant Thornton LLP as independent registered public accounting firm for 2026, with 7,927,281 votes for and 330,863 against.
Credit Acceptance Corp Chief Transformation Officer Nicholas J. Elliott reported a small exercise-and-sell sequence in company stock. On June 8 and 9, 2026, he exercised employee stock options to acquire a total of 53 shares of common stock at an exercise price of $333.94 per share, then sold the same 53 shares in open-market transactions.
The reported sales were 21 shares at $578.15 per share on June 8 and 32 shares at a weighted average price of $575.73 per share on June 9, with actual trade prices ranging from $575.00 to $575.85. Following these transactions, Elliott directly owned 20,897.3 shares of common stock, and an additional 324 shares were held indirectly through the Credit Acceptance Stock Fund in the company’s 401(k) Profit Sharing Plan and Trust as of June 9, 2026.
Credit Acceptance Corp Chief Financial Officer Martin Jay D reported an exercise-and-sell transaction in company stock. He exercised employee stock options to acquire 44 shares of common stock at about $333.94 per share, then sold 44 shares in open-market trades at weighted-average prices of $575.78 and $578.15 per share. After these transactions, he directly holds about 25,963.1 common shares, and retains employee stock options tied to 2,250 underlying shares at an exercise price of $390.39 per share expiring on April 28, 2027. The filing describes the sale prices as weighted averages across multiple trades.
Credit Acceptance Corp’s Chief Legal Officer, Erin J. Kerber, reported an exercise-and-sell transaction in company stock. On June 8–9, 2026, she exercised employee stock options to acquire a total of 54 shares of common stock at an exercise price of $333.94 per share and sold the same 54 shares in open-market transactions at weighted average prices of about $575.71 and $578.15 per share. After these trades, she holds 25,710.7 shares of common stock directly and 242 shares indirectly through the company’s 401(k) plan, and retains options linked to 15,500 underlying shares at a $454.11 exercise price expiring in 2027.
Jay D. Martin reports proposed sale of Common Stock on Form 144. The notice lists 26 shares to be sold via a stock option exercise on 06/09/2026 through Fidelity Brokerage Services LLC. The filing also itemizes recent open-market dispositions: 3,000, 1,439, 1,561, 2,856, 51, and 18 shares sold in April–June 2026 with associated gross proceeds shown.
Erin J. Kerber reported multiple dispositions of Common Stock under Rule 144, with trades recorded across May and June 2026. The filing lists specific sales on 05/06/2026, 05/18/2026, 05/29/2026, 06/01/2026, and 06/08/2026, and a Stock Option Exercise transaction for 32 shares on 06/09/2026.
Company: CACC. This Form 144 notice lists proposed sales tied to a stock option exercise on 06/09/2026 for 32 shares to be sold for cash. The filing also discloses multiple securities sold during the past 3 months by Nicholas J. Elliott, showing specific sale dates, share counts, and gross proceeds.
CACC reported proposed and recent insider share dispositions. The filing lists a planned sale related to a stock option exercise for 18 shares on 06/08/2026 processed in cash. It also records recent open-market sales by Jay D. Martin: 3,000 shares on 04/17/2026, 1,439 shares on 05/06/2026, 1,561 shares on 05/18/2026, 2,856 shares on 05/29/2026, and 51 shares on 06/01/2026, with the dollar proceeds shown for each sale in the excerpt.