RHODES MICHAEL GEORGE 4
Accession 0001235350-26-000001
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:19 PM ET
Size
6.4 KB
Accession
0001235350-26-000001
Research Summary
AI-generated summary of this filing
Ally Financial CEO Michael Rhodes Buys 23,800 Shares
What Happened Michael G. Rhodes, CEO of Ally Financial Inc., reported open-market purchases totaling 23,800 shares on January 23, 2026. The transactions were executed at a weighted average price of $41.68 per share for a total reported cost of $991,867. This was a purchase transaction (Form 4 code P), which reflects an insider buying shares rather than selling them.
Key Details
- Transaction date: 2026-01-23 (filed the same day; timely filing).
- Quantity and price: 23,800 shares; weighted average price $41.68; total ~ $991,867.
- Price range: purchases occurred in multiple trades at prices from $41.34 to $41.88 (footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Weighted average price; full per-trade breakdown available on request.
- F2: Some reported shares are held by a trust for which Rhodes is the sole beneficiary.
- Transaction code: P (purchase).
Context Insider purchases are often of interest to retail investors because they can indicate confidence by management, but filings do not state the insider’s motive. The purchase here was an outright open-market buy (not an option exercise or award). If you need the exact per-trade prices or the updated total holdings after this trade, the filer has committed to provide that detail on request or it can be found in the full Form 4 on the SEC EDGAR system (Accession 0001235350-26-000001).
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-01-23$41.68/sh+23,800$991,867→ 49,434 total(indirect: See Footnote)
- 290,947
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.34 to $41.88, 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.
- [F2]Represents shares held by a trust of which the reporting person is the sole beneficiary.
Signature
Documents
Issuer
Ally Financial Inc.
CIK 0000040729
Related Parties
1- filerCIK 0001235350
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:19 PM ET
- Size
- 6.4 KB