Form 4: Credit Acceptance Corp. Director Sean Quinn Reports Acquisition of Common Stock

Credit Acceptance Corp. Director Sean Edward Quinn reported the acquisition of 410 shares of common stock on June 4, 2025, bringing his total beneficial ownership to 1,186 shares, including unvested restricted stock units.

Summary

• Sean Edward Quinn, a Director of Credit Acceptance Corp. (CACC), acquired 410 shares of common stock.
• The transaction occurred on June 4, 2025, and was reported on June 6, 2025.
• The acquisition price was $0, indicating a grant rather than a cash purchase.
• Following this transaction, Mr. Quinn beneficially owns a total of 1,186 shares of CACC common stock.
• This total beneficial ownership includes 1,074 unvested restricted stock units (RSUs) that were granted under the Company's Incentive Compensation Plan.

Sentiment

Score: 6

Explanation: The filing reports a routine grant of shares to a director as part of an incentive compensation plan. This is generally a neutral to slightly positive event as it aligns management interests with shareholders, but does not reflect a direct investment by the director.

Positives

• The acquisition of shares by a director, even if granted, aligns the director's interests with those of the shareholders, potentially fostering a stronger commitment to the company's long-term performance.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive dynamics within the auto finance or subprime lending sector.

Related Party Transactions

• The grant of 410 shares of common stock to Director Sean Edward Quinn at a $0 price is a related party transaction, consistent with compensation under the company's Incentive Compensation Plan.

Stakeholder Impact

• Shareholders: The grant of shares to a director can enhance alignment between management and shareholder interests, as the director's personal stake in the company's performance increases.

Key Dates

Keywords

Credit Acceptance Corp, CACC, Form 4, insider transaction, beneficial ownership, director, stock acquisition, restricted stock units, RSU, incentive compensation plan