DANIEL A. ULATOWSKI - 22 Aug 2025 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Signature
/s/ Daniel A. Ulatowski
Issuer symbol
CACC
Transactions as of
22 Aug 2025
Transactions value $
-$662,364
Form type
4
Filing time
26 Aug 2025, 16:27:13 UTC
Previous filing
13 Jun 2025
Next filing
15 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ULATOWSKI DANIEL A. Chief Sales Officer 25505 WEST TWELVE MILE ROAD, SOUTHFIELD /s/ Daniel A. Ulatowski 26 Aug 2025 0001604030

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Options Exercise $503K +1.51K +5.32% $333.94 29.8K 22 Aug 2025 Direct F1
transaction CACC Common Stock Sale -$706K -1.39K -4.67% $507.17 28.4K 22 Aug 2025 Direct F1, F2
transaction CACC Common Stock Sale -$57.4K -113 -0.4% $508.35 28.3K 22 Aug 2025 Direct F1, F3
transaction CACC Common Stock Options Exercise $714K +2.14K +7.56% $333.94 30.4K 25 Aug 2025 Direct F1
transaction CACC Common Stock Sale -$908K -1.78K -5.86% $508.79 28.6K 25 Aug 2025 Direct F1, F4
transaction CACC Common Stock Sale -$181K -355 -1.24% $510.38 28.3K 25 Aug 2025 Direct F1, F5
transaction CACC Common Stock Sale -$27K -53 -100% $508.50 0 25 Aug 2025 By 401(k) Trust F6
holding CACC Common Stock 4K 22 Aug 2025 By trust. F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CACC Employee Stock Option (right to buy) Options Exercise $0 -1.51K -3.45% $0.00 42.1K 22 Aug 2025 Common Stock 1.51K $333.94 Direct
transaction CACC Employee Stock Option (right to buy) Options Exercise $0 -2.14K -5.08% $0.00 40K 25 Aug 2025 Common Stock 2.14K $333.94 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 28,290 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $507.00 to $507.92, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $508.05 to $508.75, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $508.65 to $509.04, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $510.26 to $510.39, inclusive.
F6 Shares were held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust.
F7 These shares are owned of record by Daniel A. Ulatowski and Barbara Ulatowski, spouse of Mr. Ulatowski, as trustees of the D.&.B. Ulatowski Living Trust.