Form 4: Ally Financial Director Thomas Gibbons Acquires and Disposes of Common Stock
SEC Form 4
Director Thomas Gibbons reports acquiring and disposing of Ally Financial Inc. common stock on May 15, 2024.
Summary
- On May 15, 2024, Thomas P. Gibbons, a director of Ally Financial Inc., engaged in transactions involving the company's common stock.
- Gibbons acquired 3,528 shares of common stock at a price of $41.1 per share.
- Following the reported transaction, Gibbons beneficially owns 9,057 shares.
- The shares are represented by Deferred Stock Units which convert into common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common for directors of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: acquisition and disposition of Ally Financial Inc. common stock. |
| 05/16/2024 | Date of signature for the report. |
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