David J. Debrunner - Dec 29, 2023 Form 4 Insider Report for Ally Financial Inc. (ALLY)

Signature
/s/ Joyce M. Daniels, attorney-in-fact for Mr. DeBrunner
Stock symbol
ALLY
Transactions as of
Dec 29, 2023
Transactions value $
-$131,251
Form type
4
Date filed
1/2/2024, 05:07 PM
Previous filing
Dec 15, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLY Common Stock Sale -$131K -3.75K -3.59% $35.00 101K Dec 29, 2023 Direct F1, F2
* 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.
F2 The price reflected in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.0003, inclusive. The reporting person undertakes to provide to Ally Financial Inc., any security holder of Ally Financial Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.