Hall William Cadik Jr. 4
Research Summary
AI-generated summary
Ally (ALLY) President Hall Cadik Receives 27,483-Share Award
What Happened
- Hall William Cadik Jr., President — Corporate Finance at Ally Financial (ALLY), was granted an award of 27,483 restricted stock units (RSUs) on 2026-02-03 at a reported per-share market value of $42.30 (total value $1,162,531). Prior to that, on 2026-01-30 the company withheld 13,304 shares (three withholding entries of 5,107; 4,261; and 3,936 shares) to satisfy tax obligations, valued at $42.30 per share for a total withholding value of $562,759. The grant minus the withheld shares results in a net increase of 14,179 shares.
Key Details
- Transaction types: tax-withholding disposals (code F) on 2026-01-30 and award/grant (code A) on 2026-02-03.
- Prices and values: withheld shares at $42.30 per share (total $562,759); award valued at $42.30 per share (total $1,162,531).
- Net change: +14,179 shares (27,483 awarded − 13,304 withheld).
- Shares owned after transaction: not reported in the supplied filing details.
- Footnotes: withheld shares satisfied tax obligations from vesting (company withheld shares); $42.30 is the market value per share as of 2026-01-28; the award represents RSUs that when vested are settled only in shares.
- Filing timeliness: Form filed 2026-02-03 covering actions on 2026-01-30 and 2026-02-03; no late-filing flag was provided in the supplied data.
Context
- These transactions reflect a common RSU vesting and tax-withholding process rather than an open-market sale. Withholding (code F) is the company retaining shares to cover taxes; it is not a third-party sale and often does not indicate a bearish view by the insider.
- The grant (code A) is an equity award (RSUs) that increases the insider's stake once settled; purchases or net acquisitions like this can be more informative to investors than isolated withholdings.