Form 4: Ally Financial Executive Kathleen L. Patterson Reports Stock Transactions

Kathleen L. Patterson, Chief HR & Corp Citizenship at Ally Financial, reports the withholding of shares for tax obligations and the acquisition of restricted stock units.

Summary

• Kathleen L. Patterson, Chief HR & Corp Citizenship at Ally Financial, reported transactions involving Ally Financial common stock on January 31, 2025, and February 4, 2025.
• On January 31, 2025, shares were withheld to cover tax obligations related to vesting restricted stock units at a price of $39.06 per share.
• A total of 2,048, 2,823 and 1,828 shares were withheld.
• On February 4, 2025, Ms. Patterson acquired 14,017 restricted stock units, which can be settled only in shares of Ally Financial common stock.
• Following these transactions, Ms. Patterson beneficially owns 144,727 shares of Ally Financial common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard SEC filing reporting stock transactions. There is no inherent positive or negative sentiment associated with this type of document.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding the executive's stake in the company.
• The transactions have a minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Form 4, ALLY, Ally Financial, Kathleen L. Patterson, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Tax Withholding