Allstate CFO converts RSUs, withholds shares
Allstate Corporation Chief Financial Officer John E. Dugenske reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Allstate Corporation Chief Financial Officer John E. Dugenske reported equity compensation activity involving restricted stock units and common shares. On February 24, 2026, he exercised 1,033 previously awarded Restricted Stock Units, converting them into 1,033 shares of Allstate common stock without paying any exercise price under The Allstate Corporation 2019 Equity Incentive Plan.
To cover tax obligations from this conversion, 458 common shares were disposed of at a price of $209.82 per share through a tax-withholding transaction, rather than an open-market sale. Following these transactions, Dugenske directly held 46,050 common shares and 2,066 restricted stock units, and indirectly held 338 common shares through a 401(k) plan. The footnote states that the remaining restricted stock units are scheduled to convert into common shares on February 24, 2027 and February 24, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,033 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,033 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 458 | $209.82 | $96K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Conversion of previously awarded Restricted Stock Units (RSUs) into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2019 Equity Incentive Plan. The remaining RSUs will convert on February 24, 2027 and February 24, 2028
FAQ
What insider transactions did Allstate (ALL) CFO John E. Dugenske report?
What equity plan governed the RSU conversion reported by Allstate’s CFO?
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