Ally Financial director granted 6,133 stock units
Ally Financial Inc. director Franklin W. Hobbs IV reported an equity compensation award of 6,133 shares of Common Stock valued at $41.99 per share.
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Rhea-AI Filing Summary
Ally Financial Inc. director Franklin W. Hobbs IV reported an equity compensation award of 6,133 shares of Common Stock valued at $41.99 per share. According to the filing, these are Deferred Stock Units that convert into common stock on a one-for-one basis when he leaves the Board of Directors and are fully vested upon grant. Following this award, he holds 150,939 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,133 | $41.99 | $258K |
Footnotes (1)
- F1. Represented by Deferred Stock Units which convert into common stock on a one-for-one basis on the reporting person's departure from the Company's Board of Directors. The Deferred Stock Units are fully vested upon grant.
Key Figures
Key Terms
Deferred Stock Units financial
Grant, award, or other acquisition financial
Common Stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ally Financial (ALLY) report for Franklin W. Hobbs IV?
Was the Ally Financial (ALLY) Form 4 transaction a stock purchase or a grant?
What are the terms of the Deferred Stock Units reported for Ally Financial (ALLY)?
AI-generated analysis. How Rhea-AI works. Not financial advice.