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Insider Trading Arrangements | 3 Months Ended
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Sep. 30, 2025
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | During the quarter ended September 30, 2025, there were no Rule 10b5‑1 trading arrangements (as defined in Item 408(a) of Regulation S‑K) or non‑Rule 10b5‑1 trading arrangements (as defined in Item 408(c) of Regulation S‑K) adopted or terminated by any director or officer (as defined in Rule 16a‑1(f) under the Exchange Act) of Credit Acceptance Corporation, except for the following Rule 10b5-1 trading arrangements, each of which is intended to satisfy the affirmative defense of Rule 10b5‑1(c), that were adopted during such quarter:
Name and Title of Director or Officer |  |  |  | Date of Adoption of Trading Arrangement |  | Aggregate Number of Securities to be Sold Pursuant to the Trading Arrangement |  | Expiration Date of the Trading Arrangement (1)
Kenneth S. Booth Chief Executive Officer and President; Director |  |  |  | 8/15/2025 |  | Up to 20,000 shares of common stock underlying employee stock options |  | 11/2/2026
Nicholas J. Elliott Chief Alignment Officer |  |  |  | 8/21/2025 |  | Up to 13,950 shares of common stock underlying employee stock options |  | 12/30/2026
Erin J. Kerber Chief Legal Officer |  |  |  | 8/18/2025 |  | Up to 24,625 shares of common stock underlying employee stock options |  | 6/28/2027
Jonathan L. Lum Chief Operating Officer |  |  |  | 9/4/2025 |  | Up to 18,000 shares of common stock underlying employee stock options |  | 10/30/2026
Jay D. Martin Chief Financial Officer |  |  |  | 8/13/2025 |  | Up to 12,000 shares of common stock underlying employee stock options |  | 11/2/2026
Ravi Mohan Chief Technology Officer |  |  |  | 9/24/2025 |  | Up to 3,147 shares of common stock underlying employee restricted stock units (2) |  | 9/22/2026
Andrew K. Rostami Chief Marketing and Product Officer |  |  |  | 8/26/2025 |  | Up to 1,606 shares of common stock underlying employee restricted stock units (2) |  | 12/30/2025
Wendy A. Rummler Chief People Officer |  |  |  | 8/13/2025 |  | Up to 17,500 shares of common stock underlying employee stock options |  | 11/2/2026
Daniel A. Ulatowski Chief Sales Officer |  |  |  | 8/8/2025 |  | Up to 20,000 shares of common stock underlying employee stock options |  | 8/4/2026
(1) The trading arrangement permits transactions through and including the earlier of (i) the expiration date indicated and (ii) the date when all shares subject to the trading arrangement have been sold. (2) The aggregate number of shares to be sold will be reduced by the number of shares released to us as payment of tax withholdings upon the vesting of restricted stock units and the settlement of restricted stock units in shares of common stock.
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Erin J. Kerber [Member] |
Trading Arrangements, by Individual |
Name | Erin J. Kerber
Title | Chief Legal Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/18/2025
Expiration Date | 6/28/2027
Wendy A. Rummler [Member] |
Trading Arrangements, by Individual |
Name | Wendy A. Rummler
Title | Chief People Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/13/2025
Expiration Date | 11/2/2026
Kenneth S. Booth [Member] |
Trading Arrangements, by Individual |
Name | Kenneth S. Booth
Title | Chief Executive Officer and President; Director
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/15/2025
Expiration Date | 11/2/2026
Ravi Mohan [Member] |
Trading Arrangements, by Individual |
Name | Ravi Mohan
Title | Chief Technology Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 9/24/2025
Expiration Date | 9/22/2026
Andrew K. Rostami [Member] |
Trading Arrangements, by Individual |
Name | Andrew K. Rostami
Title | Chief Marketing and Product Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/26/2025
Expiration Date | 12/30/2025
Daniel A. Ulatowski [Member] |
Trading Arrangements, by Individual |
Name | Daniel A. Ulatowski
Title | Chief Sales Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/8/2025
Expiration Date | 8/4/2026
Jonathan L. Lum [Member] |
Trading Arrangements, by Individual |
Name | Jonathan L. Lum
Title | Chief Operating Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 9/4/2025
Expiration Date | 10/30/2026
Nicholas J. Elliott [Member] |
Trading Arrangements, by Individual |
Name | Nicholas J. Elliott
Title | Chief Alignment Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/21/2025
Expiration Date | 12/30/2026
Jay D. Martin [Member] |
Trading Arrangements, by Individual |
Name | Jay D. Martin
Title | Chief Financial Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 8/13/2025
Expiration Date | 11/2/2026

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