KERBER ERIN J 4

What Happened Erin J. Kerber, Chief Legal Officer of Credit Acceptance Corporation (CACC), had 542.3 shares of CACC common stock withheld to satisfy tax withholding obligations upon the vesting/settlement of restricted stock units. The shares were valued at $498.24 each, for a total of approximately $270,196. This was a tax-withholding disposition tied to an award — a routine administrative transaction, not an open-market sale or purchase.

Key Details

• Transaction date: January 31, 2026
• Price per share: $498.24; Shares withheld/disposed: 542.3; Total value: ~$270,196
• Transaction code: F (shares withheld to satisfy tax withholding on vesting/settlement of RSUs)
• Filing date: February 3, 2026 (Form 4 accession 0000885550-26-000022)
• Shares owned after the transaction: not specified in the provided excerpt
• Related footnotes: F1 — shares withheld to satisfy tax withholding on RSU vest/settlement; F2 — reference to shares held in company 401(k) plan as of Jan 29, 2026

Context This was a tax-withholding event tied to the settlement of restricted stock units (RSUs). Such withholdings are common and administrative in nature and do not necessarily signal insider confidence or concern. It is not an open-market sale or purchase by the insider.