Timmerman Douglas R. 4
4 · Ally Financial Inc. · Filed Oct 20, 2023
Insider Transaction Report
Form 4
Timmerman Douglas R.
President, DFS
Transactions
- Award
Common Stock
2023-10-20$24.05/sh+332,641$8,000,016→ 500,325 total
Footnotes (2)
- [F1]Represents an executive-transition award of restricted stock units in support of long-term business continuity among the Issuer's leadership team in connection with the CEO transition. One-third of the restricted stock units will vest on the second anniversary of the grant date, and two-thirds of the restricted stock units will vest on the third anniversary of the grant date.
- [F2]Represents the per-share market value of the Issuer's common stock at the close of trading on October 20, 2023, which is the grant date of the executive-transition award.