Ally Financial Files 8-K: Shareholder Vote, Reg FD, Exhibits

Ticker: ALLY · Form: 8-K · Filed: 2024-05-09T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, regulatory-filing, financials

Related Tickers: ALLY

TL;DR

Ally Financial dropped an 8-K covering shareholder votes, Reg FD, and financials. Check it out!

AI Summary

On May 7, 2024, Ally Financial Inc. filed an 8-K report detailing a submission of matters to a vote of security holders, a Regulation FD disclosure, and financial statements and exhibits. The filing was made on May 9, 2024, and pertains to events as of May 7, 2024. The company, formerly known as GMAC Inc., is incorporated in Delaware and headquartered in Detroit, Michigan.

Why It Matters

This 8-K filing indicates important corporate actions and disclosures, including matters requiring shareholder approval and regulatory compliance updates, which are crucial for investors to monitor.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain any immediate negative news or significant changes.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of security holders?

The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the provided text excerpt.

What is the nature of the Regulation FD Disclosure mentioned in the filing?

The filing lists 'Regulation FD Disclosure' as an item, but the specific content of this disclosure is not detailed in the provided text.

What types of financial statements and exhibits are included in this filing?

The filing mentions 'Financial Statements and Exhibits' as an item, but the specific nature or content of these statements and exhibits is not elaborated upon in the provided text.

When was Ally Financial Inc. previously known as GMAC Inc. and GMAC LLC?

Ally Financial Inc. was formerly known as GMAC Inc. after a name change on July 1, 2009, and prior to that, as GMAC LLC after a name change on July 20, 2006.

What is the principal executive address of Ally Financial Inc.?

The principal executive address of Ally Financial Inc. is Ally Detroit Center, 500 Woodward Avenue, Floor 10, Detroit, Michigan 48226.

Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 9.1 · Accepted 2024-05-09 16:14:45

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 7, 2024, Ally Financial Inc. ( Ally ) held its annual meeting of stockholders ( Annual Meeting ). The results of voting on matters brought before stockholders are shown below. Proposal 1 — Election of directors For Against Abstain Broker Non-Votes Franklin W. Hobbs 243,732,242 12,446,334 200,044 16,321,903 Kenneth J. Bacon 249,272,623 6,930,489 175,508 16,321,903 William H. Cary 254,226,883 1,971,990 179,747 16,321,903 Mayree C. Clark 246,263,560 9,924,828 190,232 16,321,903 Kim S. Fennebresque 218,195,182 36,105,243 2,078,195 16,321,903 Thomas P. Gibbons 255,573,955 609,464 195,201 16,321,903 Melissa Goldman 254,798,749 1,409,883 169,988 16,321,903 Marjorie Magner 246,111,184 10,077,934 189,502 16,321,903 David Reilly 255,005,943 1,193,249 179,428 16,321,903 Brian H. Sharples 255,101,769 1,099,134 177,717 16,321,903 Michael G. Rhodes 255,393,070 806,229 179,321 16,321,903 Proposal 2 — Advisory vote on executive compensation For Against Abstain Broker Non-Votes 233,755,681 22,347,879 275,060 16,321,903 Proposal 3 — Ratification of the Audit Committee's engagement of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2024 For Against Abstain 261,634,102 10,916,816 149,605

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On May 7, 2024, Ally's Chief Executive Officer ( CEO ) provided remarks during Ally's Annual Meeting. A transcript of the CEO's remarks is attached hereto as Exhibit 99.1. The information in this Item 7.01 and Exhibit 99.1 is being furnished and is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.

01 Exhibits

Item 9.01 Exhibits. Exhibit No. Description of Exhibits 99.1 CEO's Annual Meeting Script 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Ally Financial Inc. (Registrant) Dated: May 9, 2024 /s/ Jeffrey A. Belisle Jeffrey A. Belisle Corporate Secretary

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