Credit Acceptance Corp. Files 8-K for Security Holder Vote

Ticker: CACC · Form: 8-K · Filed: 2025-06-04T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, shareholder-vote

Related Tickers: CACC

TL;DR

CACC is calling for a shareholder vote on June 4th.

AI Summary

On June 4, 2025, Credit Acceptance Corp. filed an 8-K report. The filing indicates that the company is submitting matters to a vote of its security holders. No specific details regarding the nature of the vote or the matters to be voted on were provided in this initial filing.

Why It Matters

This filing signals that Credit Acceptance Corp. is preparing to hold a vote among its shareholders on important company matters, which could impact the company's future direction or governance.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any new financial information or significant operational changes that would inherently increase risk.

Key Players & Entities

FAQ

What specific matters will be voted on by Credit Acceptance Corp.'s security holders?

The provided filing does not specify the exact matters to be voted on by security holders; it only states that such matters are being submitted for a vote.

When is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is June 4, 2025.

What is the primary purpose of this 8-K filing for Credit Acceptance Corp.?

The primary purpose of this 8-K filing is to report the submission of matters to a vote of security holders.

What is Credit Acceptance Corp.'s principal executive office address?

Credit Acceptance Corp.'s principal executive offices are located at 25505 West Twelve Mile Road, Southfield, Michigan 48034-8339.

Under which section of the Securities Exchange Act of 1934 is this 8-K filed?

This 8-K filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

From the Filing

0000885550-25-000057.txt : 20250604 0000885550-25-000057.hdr.sgml : 20250604 20250604160755 ACCESSION NUMBER: 0000885550-25-000057 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250604 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20250604 DATE AS OF CHANGE: 20250604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT ACCEPTANCE CORP CENTRAL INDEX KEY: 0000885550 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] ORGANIZATION NAME: 02 Finance EIN: 381999511 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20202 FILM NUMBER: 251023188 BUSINESS ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 BUSINESS PHONE: 2483532700 MAIL ADDRESS: STREET 1: 25505 WEST TWELVE MILE ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48034-8334 FORMER COMPANY: FORMER CONFORMED NAME: CREDIT ACCEPTANCE CORPORATION DATE OF NAME CHANGE: 19930328 8-K 1 cacc-20250604.htm 8-K cacc-20250604 0000885550 false 0000885550 2025-06-04 2025-06-04 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):   June 4, 2025 CREDIT ACCEPTANCE CORP ORATION (Exact name of registrant as specified in its charter) Michigan 000-20202 38-1999511 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)    25505 West Twelve Mile Road Southfield, Michigan 48034-8339   (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code:   ( 248 ) 353-2700 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $.01 par value CACC The Nasdaq Stock Market Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.07. Submission of Matters to a Vote of Security Holders. On June 4, 2025, Credit Acceptance held its Annual Meeting of Shareholders at which shareholders: 1. Elected six directors to serve until the 2026 annual meeting; 2. Approved named executive officer compensation on an advisory basis; 3. Ratified the selection of Grant Thornton LLP as our independent registered public accounting firm for 2025. Shareholders cast their votes on each of these three proposals as follows: 1. Election of six directors to serve until the 2026 Annual Meeting of Shareholders: Director Nominees For Withheld Broker Non Votes Kenneth S. Booth 5,974,681  32,219  2,695,109  Glenda J. Flanagan 5,742,949  263,951  2,695,109  Vinayak R. Hegde 5,887,067&

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