Ally Financial Inc.: president Douglas R. Timmerman sold 98,329 shares

What happened Douglas R. Timmerman, president, DFS, had 98,329 shares withheld by the company to satisfy tax withholding upon vesting of a previously reported award of restricted stock units. The filing reports a per-share value of $37.97 and a total of $3,733,552. Transaction date in the report is Oct 20, 2026; Form 4 filed Oct 22, 2026.

Key details

• Transaction date and price: Oct 20, 2026 — 98,329 shares withheld at $37.97 per share; total $3,733,552.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).
• Shares owned after the transaction: not reported in the provided filing excerpt.
• Footnotes: F1 — shares withheld by the company to satisfy the Reporting Person's tax withholding obligations upon vesting of a previously reported award of restricted stock units. F2 — includes 532 shares acquired under the Company's Employee Stock Purchase Plan on May 29, 2026.
• Filing date: Oct 22, 2026.

Why it may matter The filing shows these shares were withheld to cover tax obligations on vested restricted stock units rather than sold on the open market. A filing does not show why the insider traded or why the company acted.