Timmerman Douglas R. 4
Research Summary
AI-generated summary
Ally (ALLY) President Douglas Timmerman Receives RSUs; Shares Withheld
What Happened
- Douglas R. Timmerman, President, Digital & Financial Services (DFS) at Ally Financial, was granted 41,135 restricted stock units (RSUs) on Feb 3, 2026 valued at $42.30 per share (total value $1,740,010).
- To satisfy tax obligations on a prior RSU vesting, 10,292 shares were withheld on Jan 30, 2026 (three separate withholding entries of 3,836; 3,596; and 2,860 shares) at the same $42.30 per-share market value, totaling $435,352. The withheld shares were reported as disposals for tax withholding purposes (code F).
Key Details
- Transaction dates and prices:
- Jan 30, 2026 — 3,836 shares withheld @ $42.30 = $162,263 (tax withholding)
- Jan 30, 2026 — 3,596 shares withheld @ $42.30 = $152,111 (tax withholding)
- Jan 30, 2026 — 2,860 shares withheld @ $42.30 = $120,978 (tax withholding)
- Feb 3, 2026 — Grant of 41,135 RSUs @ $42.30 = $1,740,010 (award)
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: Withheld shares were used to satisfy the reporting person's tax obligation associated with vesting of a previously reported RSU award.
- F2: $42.30 is the per-share market value as of Jan 28, 2026.
- F3: The grant represents RSUs that, when vested, may be settled only in shares of company common stock.
- Filing: Report filed Feb 3, 2026 covering transactions on Jan 30 and Feb 3, 2026; filing appears timely based on the provided dates.
Context
- The Feb 3 entry is an award/acquisition of RSUs (code A). The Jan 30 disposals are tax-withholding transfers (code F), not open-market sales; such withholdings are routine to meet tax liabilities on vesting and do not necessarily indicate a change in insider sentiment.
- Because these are RSUs that settle only in shares, the grant increases potential future share ownership when vested; the withheld shares reduced the net shares delivered to the insider at vesting.