And the Barca Bear has warned the under-fire Gers board they will only further inflame an irate support if they hold McCoist's gesture against him after tomorrow's make-or-break AGM.
The Ibrox gaffer has given his one million shares to the Calderwood Loyal RSC in East Kilbride, who are likely to use them to vote against the current hierarchy.
And DJ reckons the Gers boss has made the right call to give the fans a greater say. He said: "Ally is like all fans, he is a Rangers man and he wants to see the club prosper.
"Rangers always comes before managers and players and he is looking after Rangers. He has done the right thing by giving his shares to the fans.
"If that is what he wants to do, there is nothing wrong with that.
"There are too many people slaughtering him just now saying he backed Craig Whyte when he was a wrong 'un, he backed Green when he was a wrong 'un, he backed Mather and he was a wrong 'un.
"As manager, he is an employee of the board and all he should be looking after is the football side of the club.
"That has not been the case for the last couple of years, though. He has been the face of Rangers in public and done his bit behind the scenes as well.
"He has had to go to meetings with administrators and go to London with Green to meet shareholders and investors.
"He has got an opinion like everyone else and if he sees fit to give his shares to the fans then fair play to him.
"He is voting with his heart and his head. If the board don't like it, tough.
"The problem could arise if the board take offence and try to relieve him of his duties.
"If that was to happen, the fans would be even more vociferous against the board. Ally is just being honest, as he has always been."