Form 4: Ally Financial Executive David J. DeBrunner Reports Stock Transaction
SEC Form 4
David J. DeBrunner, VP, CAO, and Controller of Ally Financial Inc., reported the withholding of 339 common stock shares to cover tax obligations related to vesting restricted stock units on November 4, 2024.
Summary
- On November 4, 2024, David J. DeBrunner, a VP, CAO, and Controller at Ally Financial Inc., had 339 shares of common stock withheld by the company.
- This withholding was to satisfy Mr. DeBrunner's tax obligations associated with the vesting of previously reported restricted stock units.
- Following the transaction, Mr. DeBrunner beneficially owns 105,910 shares of Ally Financial Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2024-05-20 | Date of Power of Attorney execution, authorizing Jeffrey A. Belisle, Joyce M. Daniels, and Cynthia R. Gould to act on behalf of David J. DeBrunner for Section 16 filings. |
| 2024-11-04 | Date of the stock transaction where 339 shares were withheld to cover tax obligations. |
| 2024-11-06 | Date of signature for the Form 4 filing by Joyce M. Daniels, attorney-in-fact for Mr. DeBrunner. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.