CREDIT ACCEPTANCE CORP — Director's Dealing 2024

Dec 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2023-03-09

Reporting Person: Rummler Wendy A (Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-09	Common Stock	S	1834	$430.12	Disposed	0	Direct
2024-12-03	Common Stock	A	20772	—	Acquired	20772	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2704	Indirect
Common Stock	1722	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$333.94	2026-12-30	Common Stock (16250)	16250	Direct
Employee Stock Option (right to buy)	$468.67	2028-10-06	Common Stock (10000)	10000	Direct
Employee Stock Option (right to buy)	$390.39	2027-04-28	Common Stock (1250)	1250	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.77 to $430.66, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.

F2: These restricted stock units, which vest over a ten-year period, are intended to provide incentive compensation to the reporting person for 2025 through 2034, with no additional equity awards anticipated to be granted to the reporting person prior to the end of the ten-year period except in certain circumstances including significant changes in performance, responsibility, or market conditions.

F3: Comprised of 20,772 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common
stock of Credit Acceptance Corporation.

F4: These shares are owned of record by Kevin Rummler, spouse of Wendy A. Rummler, as trustee of the Kevin Rummler Revocable Trust.

F5: These shares are owned of record by Wendy A. Rummler, as trustee of the Wendy A. Rummler Revocable Trust.

F6: The option, initially representing the right to purchase 18,750 shares, is exercisable in four equal annual installments beginning on December 30, 2021, which was the first anniversary of the date on which the option was granted.

F7: The option, initially representing the right to purchase 10,000 shares, is exercisable in four equal annual installments beginning on October 6, 2023, which was the first anniversary of the date on which the option was granted.

F8: The option, initially representing the right to purchase 1,250 shares, is exercisable in four equal annual installments beginning on April 28, 2022, which was the first anniversary of the date on which the option was granted.