Jay D. Martin - Jan 23, 2025 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role: Chief Financial Officer
Signature: /s/ Jay D. Martin
Stock symbol: CACC
Transactions as of: Jan 23, 2025
Transactions value $: -$83,574
Form type: 4
Date filed: 1/27/2025, 04:04 PM
Previous filing: Dec 5, 2024
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	-$83.6K	-159	-0.57%	$524.14	28K	Jan 23, 2025	Direct	F1, F2

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)						19.5K	Jan 23, 2025	Common Stock	19.5K	$333.94	Direct	F3
holding	CACC	Employee Stock Option (right to buy)						2.25K	Jan 23, 2025	Common Stock	2.25K	$390.39	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 22,583 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	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.
F4	The option, initially representing the right to purchase 2,250 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.