Ally Financial (NYSE: ALLY) CFO reports tax withholding of shares
Rhea-AI Filing Summary
Ally Financial Inc. reported that Chief Financial Officer Russell E. Hutchinson had 12,614 shares of common stock withheld on 2026-07-21 to satisfy his tax obligation arising from the vesting of a previously reported restricted stock unit award, at $44.43 per share.
Following this tax-withholding disposition, Hutchinson directly holds 241,253 shares of Ally Financial common stock.
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Insights
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Insider Trade Summary
Net Seller: 12,614 shares
Net Sell
1 txn
Insider
Hutchinson Russell E.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 12,614 | $44.43 | $560K |
Holdings After Transaction:
Common Stock — 241,253 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Company to satisfy the reporting person's tax obligation associated with the vesting of a previously reported award of restricted stock units.
Key Figures
Shares Withheld: 12,614 shares
Per-Share Value: $44.43 per share
Shares Held After: 241,253 shares
3 metrics
Shares Withheld
12,614 shares
Common shares withheld on 2026-07-21 to satisfy tax obligation
Per-Share Value
$44.43 per share
Value used for the tax-withholding disposition of 12,614 shares
Shares Held After
241,253 shares
Direct Ally Financial common shares held by CFO after transaction
Key Terms
restricted stock units, withheld by the Company, tax obligation
3 terms
restricted stock units financial
"associated with the vesting of a previously reported award of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld by the Company financial
"These shares were withheld by the Company to satisfy the reporting person's tax obligation"
tax obligation financial
"to satisfy the reporting person's tax obligation associated with the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ally Financial (ALLY) disclose in this Form 4?
Ally Financial disclosed that CFO Russell E. Hutchinson had 12,614 common shares withheld on 2026-07-21 to cover tax obligations from the vesting of a restricted stock unit award, a non-market tax-withholding disposition rather than an open-market sale.
Was the Ally Financial (ALLY) CFO transaction an open-market stock sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy the CFO’s tax obligation related to the vesting of a restricted stock unit award, according to the Form 4 footnote.