CACC CREDIT ACCEPTANCE CORP Insider Trading

10% owner Jill Foss Watson sold 11,000 shares of CACC for $7,185,656.60 in 20 separate transactions on 2026-07-02.

Watson Jill Foss, a 10% owner at Credit Acceptance Corp, executed 20 separate sales totaling 11,000 shares for $7,185,656.60 at a blended average price of $653.24 on 2026-07-02, reducing her holdings from 60,346 shares to 49,346 shares (-18.2% net change). Her prior trades at this ticker show a 90-day well-timed rate of 5 of 5 (100%), with each of five prior 2025-07-02 sells followed by 90-day declines ranging from -12.9% to -13.6%, indicating a consistent pattern of selling before downturns. The current price of $646.58 is 3.3% below the 52-week high of $668.86, and the stock is up 18.7% over 30 days and 38.4% over 90 days from her transaction date—a post-sale rally that contrasts with her historical pattern at this ticker.

Chief Transformation Officer Nicholas J Elliott sells 2,306 shares at avg $629.99 under 10b5-1 plan; post-sale holdings 20,897 shares

Nicholas J Elliott, Chief Transformation Officer, executed 8 separate sales totaling 2,306 shares for $1,452,749.85 on 2026-06-26, reducing his holdings from 23,203 to 20,897 shares (a -9.9% reduction). This transaction is part of a pre-arranged 10b5-1 trading plan and therefore scheduled rather than discretionary. The stock has appreciated +11.0% over the 30-day period and +51.8% over the 90-day period, with current price at $636.74 near its 52-week high of $645.00. His cross-ticker track record shows 11 prior sells with an average 30-day return of +1.8%, though prior same-ticker trades at CACC (five sales in late May and early June) have not yet reached measurable outcome windows.

Chief Legal Officer sells 5,720 shares ($3.6M) via scheduled 10b5-1 plan; retains 25.7K shares post-transaction.

Erin J Kerber, Chief Legal Officer at Credit Acceptance Corp, executed 8 separate sales totaling 5,720 shares for $3,602,474.17 on 2026-06-26 at prices ranging from $625.37 to $634.57, with a blended average of $629.80. This reduction represents an 18.2% decrease in her non-derivative holdings (from 31,430 to 25,710 shares), executed under a pre-arranged 10b5-1 trading plan and therefore scheduled rather than discretionary. The stock has appreciated 11.0% over the prior 30 days and 51.8% over the prior 90 days, trading near its 52-week high of $645.00. Kerber's cross-ticker track record shows 20 prior open-market sales with an average 90-day return of -13.9%, though outcomes on her prior 5 sales at CACC remain unmeasurable. The insider retains material derivative holdings (5,500 employee stock options) and continues to hold 25,710 non-derivative shares post-transaction, indicating an ongoing stake in the company alongside the scheduled disposition of a portion of her vested equity.

COO Jonathan Lum sold 6,000 CACC shares at $600.00 (6/24/26) via scheduled 10b5-1 plan; retains 31,608 shares plus 13,500 option shares.

Jonathan Lum, Chief Operating Officer of Credit Acceptance Corp, sold 6,000 shares (6.0K shares) for $3,600,000.00 (3.6M) on 2026-06-24 under a pre-arranged 10b5-1 trading plan, meaning the sale was scheduled rather than discretionary. His post-transaction holdings total 31,608 shares (31.6K shares) of non-derivative equity, representing a 16.0% reduction from his pre-transaction position of 37,608 shares (37.6K shares), though his total position also includes 13,500 employee stock options. The stock has appreciated +13.8% over the prior 30 days and +49.9% over the prior 90 days from the sale date, while his cross-ticker track record shows an average 90-day return of -16.2% following his 15 prior open-market sells. At CACC specifically, his most recent measurable same-ticker sales from 2025-08-25 exhibited 30-day returns of -5.0% and -5.3%, though those outcomes are not predictive of this scheduled transaction.

CFO Jay D Martin sells 3,000 shares of CACC for $1,803,118.61 via scheduled 10b5-1 plan on 2026-06-24

Jay D Martin, CFO of Credit Acceptance Corp, executed 4 separate sales totaling 3,000 shares for $1,803,118.61 on 2026-06-24 at a blended average price of $601.04, reducing his non-derivative holdings from 28,963 shares to 25,963 shares. This sale is part of a pre-arranged 10b5-1 trading plan, meaning the timing and quantity are scheduled rather than discretionary. Martin retains 4,500 employee stock options and maintains a substantial 25,963-share position in the company. The stock has appreciated 13.8% over the prior 30 days and 49.9% over 90 days, trading near its 52-week high of $638.55, suggesting the company is on a positive momentum trajectory during the execution of this plan.

CTO Elliott sells 4,670 shares at $607.60 avg for $2.8M under 10b5-1 plan; retains 20.9K shares plus 5,795 option shares

Nicholas J Elliott, Chief Transformation Officer at Credit Acceptance Corp, executed 9 separate sales totaling 4,670 shares for $2,837,490.02 on June 24-25, 2026, at a blended average price of $607.60 per share. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it is scheduled rather than discretionary. The stock has appreciated 13.8% over 30 days and 49.9% over 90 days, currently trading at $628.86, within 1.5% of its 52-week high of $638.55. Elliott's sale reduced his non-derivative holdings from 25,567 shares to 20,897 shares (an 18.3% reduction of his pre-transaction holdings), but he retains 5,795 option shares across two option grants, preserving meaningful equity exposure. The company reports strong fundamentals with a P/E of 14.51, $580.0M in latest-quarter revenue, $135.8M net income, and 7.2% annual revenue growth. As a scheduled transaction under a pre-arranged plan, this sale should not be interpreted as driven by current market timing or conviction changes—it reflects the mechanical execution of a predetermined schedule.

CLO Erin Kerber sold 11,593 shares at blended avg $607.59 for $7.0M via scheduled 10b5-1 plan on 2026-06-24/25

Erin J Kerber, Chief Legal Officer of Credit Acceptance Corp, executed 18 separate sales totaling 11,593 shares for $7,043,810.89 across two trading days, reducing her non-derivative holdings by 31.1% from 37,303 to 25,710 shares. The transaction was conducted pursuant to a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. Notably, Kerber retains substantial derivative holdings (25,377 shares in stock options across four grant pools), so her economic interest in the company remains substantial. The stock has appreciated 13.8% over the prior 30 days and 49.9% over the prior 90 days, trading near its 52-week high of $638.55; her cross-ticker trade history shows an average 90-day return of -13.9% after prior sells, though this is not predictive of outcomes at this specific ticker where measurable same-ticker sale outcomes remain unavailable.

Chief Transformation Officer Elliott sells 3,379 shares for $1,947,891.96 via scheduled 10b5-1 plan at CACC

Nicholas J Elliott sold 5 separate tranches totaling 3,379 shares for $1,947,891.96 on May 29-June 1, 2026, executing a pre-arranged 10b5-1 trading plan rather than a discretionary decision. His non-derivative holdings declined from 24,276 shares to 20,897 shares, a reduction of 13.9% of his pre-transaction holdings, but he retains 7,143 and 7,084 shares in Employee Stock Options, preserving material upside exposure. The blended sale price of $576.47 compares favorably to the current price of $541.94, though the company's P/E of 12.50 and annual revenue growth of 7.2% reflect a modestly valued, growing business, and his prior trades at CACC have generated modest positive returns in the 30- and 90-day windows (ranging from 1.2% to 2.1%).

COO Jonathan Lum sold 5,000 shares of CACC for $2,875,000.00 on 2026-05-29 via 10b5-1 plan

Jonathan Lum, Chief Operating Officer, sold 5,000 shares at $575.00 per share on 2026-05-29 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 36,608 shares to 31,608 shares. The transaction is scheduled rather than discretionary, limiting inference about his real-time market assessment. Examining his prior trades at CACC specifically, his five prior sales showed mixed post-trade performance: the 2026-04-20 sale saw +5.0% over 90 days and the 2026-05-06 sale saw +2.1%, while three sales on 2025-08-25 each recorded declines of -16.0%, -16.2%, and -16.4% over 90 days. His cross-ticker track record across 14 prior sales shows an average 90-day return of -13.4%, but this broader pattern does not necessarily predict outcomes at CACC. The company trades at a P/E of 12.50 with $580.0M in latest quarterly revenue and 7.2% annual growth.

CFO Jay D Martin sells 2,907 CACC shares for $1.7M under pre-arranged 10b5-1 plan; retains 25,963 shares plus derivative holdings.

Jay D Martin, CACC's Chief Financial Officer, executed 5 separate sales totaling 2,907 shares for $1,675,250.54 on May 29 and June 1, 2026, at a blended average price of $576.28. The sales reduce his non-derivative holdings by 10.1%, from 28,870 shares to 25,963 shares, though he retains 15,237 shares in derivative form (stock options). Critically, this transaction is scheduled under a pre-arranged 10b5-1 trading plan, meaning it reflects a commitment made in advance rather than a discretionary response to current market conditions. Against the current price of $541.94 (6.5% below the 52-week high), the sales executed near the top of the range; however, attribution to insider conviction is precluded by the scheduled nature of the trade. The company's fundamentals remain solid with $580.0M quarterly revenue, $135.8M net income, and a P/E of 12.50, indicating no apparent operational distress signaling the trade.