---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-201520"
form_type: "8-K"
ticker: "ALLY"
cik: "0000040729"
company_name: "Ally Financial Inc."
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:25:46.996711+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ally Financial issues 1M shares of 7.100% Series D preferred stock for $1B

## Summary
- Offered 1,000,000 shares of 7.100% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock at $1,000/share.
- Underwriters paid $990/share; net proceeds ~$990M. Underwriters include BofA, Citigroup, Deutsche Bank, Morgan Stanley.
- Dividend rate 7.100% through August 2031, then resets to 5-year Treasury rate + 3.148% every five years.
- Series D ranks senior to common, on parity with Series B and C; redeemable at Ally's option after 2031 or upon regulatory capital treatment event.
- Offering closed May 1, 2026; issued under existing shelf registration statement.

## SEC filing metadata
- accession: 0001193125-26-201520
- form_type: 8-K
- ticker: ALLY
- cik: 0000040729
- company_name: Ally Financial Inc.
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 8.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40729/000119312526201520/0001193125-26-201520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40729/000119312526201520/d308857d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-201520
- JSON: https://secwatch.observer/filing/0001193125-26-201520.json
- Plain text: https://secwatch.observer/filing/0001193125-26-201520.txt

## Source-grounded claims
- claim_id: 9ce3a136b4db3464da84667ee4a6fdeb3286aadf
  claim: Ally Financial Inc.: Filed Certificate of Designation to establish Series D Preferred Stock, amending the Amended and Restated Certificate of Incorporation (effective 2026-04-29).
  evidence_excerpt: On April 29, 2026, Ally filed the Certificate with the Secretary of State of the State of Delaware, amending Ally’s Amended and Restated Certificate of Incorporation by establishing Ally’s Series D Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/40729/000119312526201520/0001193125-26-201520-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.