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Allstate (NYSE: ALL) CFO converts RSUs, withholds stock to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dugenske John E

(Last) (First) (Middle)
C/O THE ALLSTATE CORPORATION
3100 SANDERS ROAD

(Street)
NORTHBROOK IL 60062

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ ALL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) X Other (specify below)
Chief Financial Officer Pres, Invest. & Corp. Strategy
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 M 1,033 A $0(1) 46,508 D
Common Stock 02/24/2026 F 458 D $209.82 46,050 D
Common Stock 338 I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/24/2026 M 1,033 (1) 02/24/2028 Common Stock 1,033 $0 2,066 D
Explanation of Responses:
1. 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
/s/ Meghan E. Jauhar, attorney-in-fact for John E. Dugenske 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Allstate (ALL) CFO John E. Dugenske report?

John E. Dugenske reported converting 1,033 Restricted Stock Units into 1,033 Allstate common shares and disposing of 458 shares to cover taxes. These equity compensation-related moves were reported as direct ownership changes rather than open-market stock purchases or sales.

How many Allstate shares did the CFO receive from RSU conversion?

The CFO received 1,033 Allstate common shares from the conversion of 1,033 Restricted Stock Units at no exercise cost. This conversion occurred under The Allstate Corporation 2019 Equity Incentive Plan as part of previously granted equity awards vesting on February 24, 2026.

Why were 458 Allstate shares disposed of in this Form 4 filing?

The 458 Allstate common shares were disposed of to satisfy tax obligations related to the RSU conversion. This tax-withholding disposition, coded “F,” occurred at a price of $209.82 per share and does not represent a discretionary open-market sale by the CFO.

What is John E. Dugenske’s Allstate share ownership after these transactions?

After the reported transactions, John E. Dugenske directly held 46,050 Allstate common shares and 2,066 Restricted Stock Units. He also indirectly held 338 additional Allstate common shares through a 401(k) plan, reflecting combined direct and indirect ownership positions.

When will the remaining Allstate RSUs held by the CFO convert to shares?

The filing states that the remaining Restricted Stock Units held by the CFO are scheduled to convert into Allstate common shares on February 24, 2027, and February 24, 2028. These future conversions relate to previously awarded equity grants under the company’s 2019 Equity Incentive Plan.

What equity plan governed the RSU conversion reported by Allstate’s CFO?

The RSU conversion occurred pursuant to The Allstate Corporation 2019 Equity Incentive Plan. Under this plan, 1,033 Restricted Stock Units previously awarded to the CFO converted into an equal number of Allstate common shares without any cash consideration paid at exercise.
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