Erin J Kerber sold $7M of CACC stock

Erin J Kerber, Chief Legal Officer of Credit Acceptance Corp (CACC), sold 11,593 shares of CACC stock worth $7M, per an SEC Form 4 filed Jun 26, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Jun 24, 2026, 2 days before it was made public.

CACC has moved -14.7% since the trade date, from $602.14 to $513.78 (Nov 11, 2026 close).