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CREDIT ACCEPTANCE CORP Director's Dealing 2024

Feb 6, 2024

31014_dirs_2024-02-06_b4f61160-032e-4859-bfd1-a7ea7624d3ee.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2024-02-02

Reporting Person: KERBER ERIN J (Chief Legal Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-02 Common Stock M 4875 $333.94 Acquired 7620 Direct
2024-02-02 Common Stock S 675 $582.15 Disposed 6945 Direct
2024-02-02 Common Stock S 1570 $583.97 Disposed 5375 Direct
2024-02-02 Common Stock S 608 $585.57 Disposed 4767 Direct
2024-02-02 Common Stock S 948 $586.91 Disposed 3819 Direct
2024-02-02 Common Stock S 657 $588.13 Disposed 3162 Direct
2024-02-02 Common Stock S 417 $588.78 Disposed 2745 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-02 Employee Stock Option (right to buy) $333.94 M 4875 Disposed 2026-12-30 Common Stock (4875) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 219 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $454.11 2027-06-28 Common Stock (15500) 15500 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 $582.08 to $582.57, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $583.77 to $584.65, inclusive.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $585.55 to $586.46, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $586.59 to $587.55, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.61 to $588.58, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $588.61 to $589.16, inclusive.

F7: Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of February 2, 2024, according to the Plan trustee.

F8: The option, initially representing the right to purchase 19,500 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.

F9: The option, initially representing the right to purchase 15,500 shares, is exercisable in four equal annual installments beginning on June 28, 2022, which was the first anniversary of the date on which the option was granted.