Credit Acceptance (CACC) insider reports 516-share sale and option holdings

Rhea-AI Filing Summary

Credit Acceptance Corp (CACC) Chief Marketing and Product Officer Andrew K. Rostami reported a sale of common stock. On 11/24/2025, he sold 516 shares of common stock at $428.5 per share. After this transaction, he beneficially owns 24,479 shares of common stock, which include 22,572 unvested restricted stock units granted under the company’s incentive plan.

Rostami also holds an employee stock option giving him the right to purchase 16,000 shares of common stock at an exercise price of $585.93 per share. This option vests in four equal annual installments beginning on April 18, 2023 and expires on April 18, 2028.

Insider Trade Summary

Net Seller: 516 shares ($221,106)

Net Sell 2 txns

Insider Rostami Andrew K

Role Chief Mktg and Product Officer

Sold 516 shs ($221K)

Type	Security	Shares	Price	Value
Sale	Common Stock	516	$428.50	$221K
holding	Employee Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 24,479 shares (Direct); Employee Stock Option (right to buy) — 16,000 shares (Direct)

Footnotes (1)

1. Includes 22,572 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. The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rostami Andrew K

(Last) (First) (Middle)

25505 WEST TWELVE MILE ROAD

(Street)

SOUTHFIELD MI 48034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CREDIT ACCEPTANCE CORP [ CACC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Mktg and Product Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/24/2025		S		516	D	$428.5	24,479(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$585.93							(2)	04/18/2028	Common Stock	16,000		16,000	D

Explanation of Responses:

1. Includes 22,572 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.

2. The option, representing a right to purchase 16,000 shares, is exercisable in four equal annual installments beginning on April 18, 2023, which was the first anniversary of the date on which the option was granted.

Remarks:

	/s/ Andrew K. Rostami	11/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CACC report for Andrew K. Rostami?

Andrew K. Rostami, Chief Marketing and Product Officer of Credit Acceptance Corp (CACC), reported selling 516 shares of common stock on 11/24/2025.

At what price were the CACC shares sold in this Form 4 filing?

The 516 CACC shares reported in the transaction were sold at a price of $428.5 per share.

How many CACC shares does Andrew K. Rostami own after the sale?

Following the reported sale, Andrew K. Rostami beneficially owns 24,479 shares of Credit Acceptance Corp common stock.

How many unvested restricted stock units does the CACC officer hold?

His holdings include 22,572 unvested restricted stock units, each representing one share of Credit Acceptance Corporation common stock under the company’s incentive plan.

What are the key terms of Andrew K. Rostami’s CACC stock option?

He holds an employee stock option to purchase 16,000 shares of common stock at an exercise price of $585.93 per share. The option vests in four equal annual installments beginning on April 18, 2023 and expires on April 18, 2028.

What is Andrew K. Rostami’s role at Credit Acceptance Corp (CACC)?

Andrew K. Rostami is an officer of Credit Acceptance Corp, serving as the company’s Chief Marketing and Product Officer.