Ally Financial (NYSE: ALLY) CEO details 44,638-share tax withholding transaction
Rhea-AI Filing Summary
Ally Financial Inc. chief executive officer and director Michael G. Rhodes reported a tax-related disposition of company stock on 12/12/2025. The company withheld 44,638 shares of common stock to satisfy his tax obligation arising from the vesting of a previously reported restricted stock unit award, using a per-share market value of $45.82 as of December 11, 2025.
Following this transaction, Rhodes beneficially owned 290,947 shares of Ally common stock directly and 25,634 shares indirectly through a trust for which he is the sole beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 44,638 | $45.82 | $2.05M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Represents the per share market value of the Company's common stock as of December 11, 2025. Represents shares held by a trust of which the reporting person is the sole beneficiary.
FAQ
What insider transaction did Ally Financial (ALLY) report for its CEO?
Ally Financial reported that CEO and director Michael G. Rhodes had 44,638 shares of common stock withheld by the company to cover taxes related to the vesting of a previously reported restricted stock unit award.
Is this Ally Financial (ALLY) CEO transaction an open-market sale?
No. The filing explains that the 44,638 shares were withheld by the company to cover a tax obligation tied to vesting restricted stock units, rather than an open-market sale.
What roles does Michael G. Rhodes hold at Ally Financial (ALLY)?
Michael G. Rhodes is identified in the filing as both a director and an officer, serving as Chief Executive Officer of Ally Financial Inc.