Nicholas J. Elliott - Jan 23, 2025 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Chief Alignment Officer
Signature
/s/ Nicholas J. Elliott
Stock symbol
CACC
Transactions as of
Jan 23, 2025
Transactions value $
-$112,239
Form type
4
Date filed
1/27/2025, 04:03 PM
Previous filing
Dec 5, 2024
Next filing
Mar 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Tax liability -$112K -214 -1.08% $524.14 19.7K Jan 23, 2025 Direct F1, F2
holding CACC Common Stock 302 Jan 23, 2025 By 401(k) Trust F3

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
holding CACC Employee Stock Option (right to buy) 14K Jan 23, 2025 Common Stock 14K $333.94 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax withholding obligations in conjunction with the vesting and settlement of restricted stock units to shares of common stock.
F2 Includes 18,373 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.
F3 Held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust as of December 31, 2024, according to the Plan trustee.
F4 The option, initially representing the right to purchase 15,750 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.