{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-23-000062","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.610708+00:00","generated_at":"2026-06-14T08:44:32.146379+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Credit Acceptance shareholders approve all five proposals at 2023 annual meeting","bullets":["Five director nominees elected with between 95.7% and 99.5% of votes cast for each.","Amendment to Amended and Restated Incentive Compensation Plan approved (7,278,981 for, 49,161 against).","Say-on-pay advisory vote passed with 7,108,069 for; frequency of every year favored by 7,179,516.","Ratification of Grant Thornton LLP as auditor for 2023 approved (10,641,874 for, 2,638 against)."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-23-000062","json":"https://secwatch.observer/filing/0000885550-23-000062.json","markdown":"https://secwatch.observer/filing/0000885550-23-000062.md","text":"https://secwatch.observer/filing/0000885550-23-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/cacc-20230602.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:44:32.146379+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"177dd740871d6b4a8a529b6a8de0e835c38b873e","claim":"CREDIT ACCEPTANCE CORP shareholders approved Approval of an amendment to the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan at the 2023-06-02 meeting.","evidence_excerpt":"2. Approval of an amendment to the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan: For Against Abstain Broker Non Votes 7,278,981 49,161 2,583 3,316,185","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-02"}],"fact_type":"shareholder_vote"},{"claim_id":"39a9d4533d2185ccff451d9d342c1cd66441e5ee","claim":"CREDIT ACCEPTANCE CORP shareholders approved Advisory vote on the frequency of future advisory votes to approve named executive officer compensation at the 2023-06-02 meeting.","evidence_excerpt":"4. Advisory vote on the frequency of future advisory votes to approve named executive officer compensation: 1 Year 2 Years 3 Years Abstain Broker Non Votes 7,179,516 1,108 147,565 2,536 3,316,185","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-02"}],"fact_type":"shareholder_vote"},{"claim_id":"3e81e48bea034b504f52da9445a64010dbccb0a6","claim":"CREDIT ACCEPTANCE CORP shareholders approved Ratification of the selection of Grant Thornton LLP as our independent registered public accounting firm for 2023 at the 2023-06-02 meeting.","evidence_excerpt":"5. Ratification of the selection of Grant Thornton LLP as our independent registered public accounting firm for 2023: For Against Abstain Broker Non Votes 10,641,874 2,638 2,398 —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-02"}],"fact_type":"shareholder_vote"},{"claim_id":"456478210d787051a068ffabafe10802c4204daf","claim":"CREDIT ACCEPTANCE CORP shareholders approved Election of five directors to serve until the 2024 annual meeting at the 2023-06-02 meeting.","evidence_excerpt":"1. Election of five directors to serve until the 2024 Annual Meeting of Shareholders: Director Nominees For Withheld Broker Non Votes Kenneth S. Booth 7,293,580 37,145 3,316,185 Glenda J. Flanagan 7,017,694 313,031 3,316,185 Vinayak R. Hegde 7,190,225 140,500 3,316,185 Thomas N. Tryforos 7,118,997 211,728 3,316,185 Scott J. Vassalluzzo 7,156,518 174,207 3,316,185","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-02"}],"fact_type":"shareholder_vote"},{"claim_id":"a41c0f38997063c3393bf0fb88a81fb99c662ad3","claim":"CREDIT ACCEPTANCE CORP shareholders approved Approval of named executive officer compensation on an advisory basis at the 2023-06-02 meeting.","evidence_excerpt":"3. Approval of the advisory vote on named executive officer compensation: For Against Abstain Broker Non Votes 7,108,069 218,979 3,677 3,316,185","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-02"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}