Ally Financial Inc. 8-K

What Happened
Ally Financial Inc. announced that it has eliminated the charter provisions for its 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B. All outstanding shares of the Series B Preferred Stock were redeemed on May 15, 2026, and Ally filed a Certificate of Elimination with the Delaware Secretary of State on May 19, 2026, effective upon filing.

Key Details

• All outstanding Series B Preferred Stock shares were redeemed on May 15, 2026.
• Ally filed a Certificate of Elimination to its Amended and Restated Certificate of Incorporation on May 19, 2026, removing the Series B designations.
• The redeemed security was the 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.
• The Certificate of Elimination is included as Exhibit 3.1 to the Form 8‑K.

Why It Matters
This filing confirms that Series B preferred shares no longer exist on Ally’s capitalization table and the related charter rights and preferences have been removed. For investors, that means Ally no longer has outstanding Series B preferred shares or the associated dividend obligations tied to that series. Investors tracking Ally’s capital structure, dividend commitments, or preferred-stock exposure should update their records accordingly.