Form 4: Credit Acceptance Corp. Director and 10% Owner Acquires Additional Shares

Scott J. Vassalluzzo, a Director and 10% Owner of Credit Acceptance Corp. (CACC), reported the acquisition of 410 shares of common stock on June 4, 2025, increasing his total beneficial ownership.

Summary

• Scott J. Vassalluzzo, who serves as a Director, 10% Owner, and a Member of the Section 13(d) Group for Credit Acceptance Corp. (CACC), acquired 410 shares of common stock.
• The transaction took place on June 4, 2025, with an acquisition price of $0 per share, typically indicating a grant of shares rather than a market purchase.
• Following this acquisition, Mr. Vassalluzzo directly beneficially owns 65,400 shares of common stock, which includes 1,134 unvested restricted stock units granted under the Company's Incentive Compensation Plan.
• An additional 2,758 shares are indirectly owned through Scott J. Vassalluzzo Family Accounts, though Mr. Vassalluzzo disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director and 10% owner, even if a grant, generally signals alignment of interests and potential confidence in the company's future. There are no negative implications from this specific filing, which is a routine insider transaction disclosure.

Positives

• The acquisition of shares by a Director and 10% Owner can be interpreted as a positive signal, demonstrating continued confidence in the company's future performance and aligning insider interests with those of shareholders.
• The increase in direct beneficial ownership by a key insider strengthens their vested interest in the company's success.

Future Outlook

This Form 4 filing is a regulatory disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding Credit Acceptance Corp.'s future financial performance or strategic outlook.

Industry Context

This filing reports an individual insider transaction for Credit Acceptance Corp., a company operating in the subprime auto finance sector. It does not provide broader industry context or trends, focusing solely on the change in beneficial ownership by a key insider.

Related Party Transactions

• Indirect ownership of 2,758 shares through Scott J. Vassalluzzo Family Accounts is disclosed, with Mr. Vassalluzzo disclaiming beneficial ownership except for his pecuniary interest.

Stakeholder Impact

• Shareholders: The acquisition of shares by a Director and 10% Owner may be viewed positively as it indicates alignment of insider interests with shareholder value and potential confidence in the company's prospects.

Key Dates

Keywords

Credit Acceptance Corp, CACC, Scott J. Vassalluzzo, Form 4, Insider Trading, Stock Acquisition, Director, 10% Owner, Common Stock, Restricted Stock Units