Allan V. Apple and Donald A. Foss Trusts Decrease Position in Credit Acceptance Corp

On June 5, 2026, a group of trusts associated with the late Donald A. Foss, along with trustee Allan V. Apple, filed a Schedule 13D/A regarding their holdings in Credit Acceptance Corp (CACC). The filing reports that starting April 13, 2026, the Marital Trust U/A Donald A. Foss Trust January 16, 1981, began disposing of shares in the open market. Specifically, the Marital Trust sold 66,300 shares at prices ranging from approximately $471.50 to $560.84 per share. Following these transactions, Allan V. Apple beneficially owns an aggregate of 2,070,944 shares, representing a 19.8% ownership stake in the company across various trusts. Individually, the Donald A. Foss 2009 Remainder Trust holds 796,323 shares (7.6%). The reporting persons indicated they will continue to evaluate their investment and may acquire or dispose of further shares based on market conditions. Certain shares remain subject to a 2017 shareholder agreement requiring them to be voted in accordance with the Issuer's Board recommendations on specific matters.