DAVID J. DEBRUNNER - 14 Dec 2023 Form 4 Insider Report for Ally Financial Inc. (ALLY)

Signature
/s/ Joyce M. Daniels, attorney-in-fact for Mr. DeBrunner
Issuer symbol
ALLY
Transactions as of
14 Dec 2023
Net transactions value
-$384,750
Form type
4
Filing time
15 Dec 2023, 16:27:16 UTC
Previous filing
20 Oct 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLY Common Stock Sale $126,000 -3,750 -3.2% $33.60 112,037 14 Dec 2023 Direct F1
transaction ALLY Common Stock Sale $127,500 -3,750 -3.3% $34.00 108,287 14 Dec 2023 Direct F1
transaction ALLY Common Stock Sale $131,250 -3,750 -3.5% $35.00 104,537 15 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transactions were executed pursuant to a sales plan designed to comply with Rule 10b5-1 under the Securities and Exchange Act of 1934.