---
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"
generated_at: "2026-06-14T08:44:32.146379+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance shareholders approve all five proposals at 2023 annual meeting

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-23-000062
- JSON: https://secwatch.observer/filing/0000885550-23-000062.json
- Plain text: https://secwatch.observer/filing/0000885550-23-000062.txt

## Key facts
- Shareholder Votes
  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.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm
- Shareholder Votes
  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.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm
- Shareholder Votes
  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.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm
- Shareholder Votes
  CREDIT ACCEPTANCE CORP shareholders approved Election of five directors to serve until the 2024 annual meeting at the 2023-06-02 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm
- Shareholder Votes
  CREDIT ACCEPTANCE CORP shareholders approved Approval of named executive officer compensation on an advisory basis at the 2023-06-02 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555023000062/0000885550-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.