---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-26-000173"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2026-07-24T21:15:19+00:00"
generated_at: "2026-07-24T21:16:03.923654+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance CTO Ravi Mohan resigns; separation and advisory agreement reached

## Summary
- Ravi Mohan resigns as CTO effective Aug 14, 2026; employment ends Oct 25, 2026.
- Mohan retains vesting in RSUs and stock options scheduled to vest on Oct 24, 2026.
- Monthly consulting fee of $64,375 from Aug 14, 2026 to Feb 14, 2027.
- Separation agreement includes general release of claims.

## SEC filing metadata
- accession: 0000885550-26-000173
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2026-07-24T21:15:19+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555026000173/0000885550-26-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555026000173/cacc-20260720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-26-000173
- JSON: https://secwatch.observer/filing/0000885550-26-000173.json
- Plain text: https://secwatch.observer/filing/0000885550-26-000173.txt

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