John P. Neary Discloses 852,797-Share Position in CACC (7.6%)

Rhea-AI Filing Summary

John P. Neary, acting solely as co-trustee of the Marital Trust U/A Donald A. Foss Trust, reports beneficial ownership of 852,797 shares of Credit Acceptance Corporation common stock, representing 7.6% of the outstanding class based on the issuer's reported share count of 11,237,661. The filing shows no sole voting or dispositive power; all voting and dispositive authority is held as shared power over the 852,797 shares. This Amendment No. 3 Schedule 13G discloses a passive stake and includes a certification that the securities were not acquired or held to change or influence control of the issuer.

Positive

• Material disclosure: Beneficial ownership of 852,797 shares (7.6%) provides transparency to investors about a significant holder.
• Passive posture certified: The filing includes a certification that the securities are not held to change or influence control, indicating no declared activist intent.

Negative

• No sole control: The reporting person has 0 sole voting and 0 sole dispositive power, limiting direct influence over corporate decisions.

Insights

Financial Analyst

TL;DR: A material passive stake of 7.6% is disclosed, signalling a significant but non-controlling investor position.

The filing reports a substantial beneficial holding equal to 7.6% of the company, which exceeds standard 5% disclosure thresholds and therefore is material to ownership breakdowns. Because all authority is reported as shared rather than sole, the position appears passive rather than an active control or proxy effort. For analysts, this means the stake could influence block voting scenarios but is unlikely to represent a direct change in governance absent further coordination or filings.

Corporate Governance Expert

TL;DR: Ownership is meaningful for shareholder composition but shows limited direct control by the reporting trustee.

From a governance perspective, 7.6% held by a trust as shared voting/dispositive power is noteworthy for quorum and large-holder visibility. The certification that holdings are not intended to affect control and the absence of sole voting or dispositive power indicate a passive posture. Directors and governance committees should note the concentration as part of shareholder mapping, but the filing does not signal an imminent governance campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Credit Acceptance Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

225310101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 225310101

1

Names of Reporting Persons

John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss Trust January 16, 1981

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 852,797.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 852,797.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

852,797.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.6 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: *This percentage is calculated based upon total outstanding shares of 11,237,661 as of July 24, 2025, as set forth in the Issuer's Quarterly Report on Form 10-Q as filed with the SEC on July 31, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Credit Acceptance Corporation
(b)	Address of issuer's principal executive offices: 25505 West Twelve Mile Road, Southfield, MI, 48034-8339
Item 2.
(a)	Name of person filing: John P. Neary
(b)	Address or principal business office or, if none, residence: 101 W. 14 Mile Road, Madison Heights, MI 48071
(c)	Citizenship: John P. Neary is a citizen of the United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 225310101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 852,797 shares of Common Stock
(b)	Percent of class: 7.6%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 852,797
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 852,797
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

John P. Neary, not individually but solely as a co-trustee of the Marital Trust U/A Donald A. Foss Trust January 16, 1981

Signature:	/s/ John P. Neary
Name/Title:	John P. Neary, Co-Trustee
Date:	08/14/2025

FAQ

How many CACC shares does John P. Neary report owning?

852,797 shares of Credit Acceptance common stock.

What percentage of CACC does the reported stake represent?

7.6% of the outstanding common stock based on the issuer's reported share count of 11,237,661.

Does John P. Neary have sole voting or dispositive power over these shares?

No. The filing reports 0 sole voting and 0 sole dispositive power, with 852,797 shared voting and dispositive power.

On whose behalf is the stake held?

The shares are reported held by John P. Neary as co-trustee of the Marital Trust U/A Donald A. Foss Trust.

Does the filing indicate an intent to influence company control?

The filing includes a certification that the securities were not acquired and are not held to change or influence control of the issuer.