HOBBS FRANKLIN W IV 4
4 · Ally Financial Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Ally Financial Director Franklin Hobbs IV Receives 6,133-Share Award
What Happened
Franklin W. Hobbs IV, a member of the Board of Directors of Ally Financial, received an award of 6,133 shares (transaction type: A — award/grant) on May 15, 2026. The grant is reported at an acquisition price of $41.99 per share, for a total value of approximately $257,525. This was an equity award (deferred stock units), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19 (appears timely — within required reporting window).
- Shares/units granted: 6,133; Price per share/unit: $41.99; Total reported value: $257,525.
- Transaction code: A (award/grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The award is represented by Deferred Stock Units that convert one-for-one into common stock upon the reporting person's departure from the Board; the units are fully vested upon grant.
Context
Deferred stock units are a form of compensation that typically convert to common shares at a future event (here, departure from the board). Because these units are fully vested at grant, the award is a completed compensation event for the director but does not represent an immediate open-market purchase or sale. Such awards are common for non-employee directors and are informational rather than a direct bullish/bearish trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-15$41.99/sh+6,133$257,525→ 150,939 total
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.