Director at Ally Financial (NYSE: ALLY) receives 6,133 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOBBS FRANKLIN W IV
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,133 | $41.99 | $258K |
Holdings After Transaction:
Common Stock — 150,939 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 6,133 shares
Grant price: $41.99 per share
Post-award holdings: 150,939 shares
+1 more
4 metrics
Equity award size
6,133 shares
Grant of Common Stock to director on transaction date
Grant price
$41.99 per share
Reported value per share for the stock award
Post-award holdings
150,939 shares
Total Common Stock held directly after the transaction
Transaction count (acquisitions)
1 transaction
Single grant/award acquisition reported in Form 4
Key Terms
Deferred Stock Units, Grant, award, or other acquisition, Common Stock, Form 4
4 terms
Deferred Stock Units financial
"Represented by Deferred Stock Units which convert into common stock on a one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ally Financial (ALLY) report for Franklin W. Hobbs IV?
Ally Financial reported that director Franklin W. Hobbs IV received 6,133 shares of Common Stock as an equity award. The grant was priced at $41.99 per share and increases his direct holdings to 150,939 shares following the transaction.
Was the Ally Financial (ALLY) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant/award acquisition, not an open-market purchase. Code “A” indicates shares were received as compensation, so no buy or sell decision in the market occurred in connection with this transaction.
What are the terms of the Deferred Stock Units reported for Ally Financial (ALLY)?
The Deferred Stock Units convert into Ally Financial common stock on a one-for-one basis when Hobbs leaves the Board. The filing notes these units are fully vested upon grant, meaning no additional service conditions apply after the award date.