Allstate (NYSE: ALL) director awarded 917 Restricted Stock Units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allstate Corporation director Perry M. Traquina received a grant of 917 Restricted Stock Units (RSUs). These RSUs were awarded under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors as equity-based board compensation at no cash cost to the director.
Each RSU represents one share of Allstate common stock that will convert after the director’s Board service ends, or sooner in the event of death or disability, linking the director’s interests to long-term shareholder value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TRAQUINA PERRY M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 917 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 917 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 917 units
Grant price per RSU: $0.00 per unit
RSUs after transaction: 917 units
3 metrics
RSUs granted
917 units
Restricted Stock Units awarded to non-employee director
Grant price per RSU
$0.00 per unit
Compensation award, not open-market purchase
RSUs after transaction
917 units
Total Restricted Stock Units held following grant
Key Terms
Restricted Stock Units, 2017 Equity Compensation Plan for Non-Employee Directors, deferred period of restriction
3 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2017 Equity Compensation Plan for Non-Employee Directors financial
"granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors"
deferred period of restriction financial
"following either a standard restriction period or a deferred period of restriction if elected"
FAQ
What insider transaction did Allstate (ALL) report for Perry M. Traquina?
Allstate reported that director Perry M. Traquina received a grant of 917 Restricted Stock Units. These units are part of his board compensation and represent future rights to Allstate common shares.
How many Restricted Stock Units did the Allstate (ALL) director receive?
The director received 917 Restricted Stock Units. Each RSU corresponds to one future share of Allstate common stock, delivered after specific service-based conditions are met or upon certain events.
At what price were the Allstate (ALL) RSUs granted to the director?
The RSUs were granted at a stated price of $0.00 per unit. This reflects that they are compensation awards, not shares bought in the open market, and involve no immediate cash payment by the director.
When will Perry M. Traquina’s Allstate (ALL) RSUs convert into common stock?
The RSUs will convert into Allstate common stock the day after his Board service ends. If death or disability occurs earlier, conversion happens the day after that event, according to the plan terms.
What plan governs the Allstate (ALL) RSU grant to the non-employee director?
The RSUs were granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. This plan provides stock-based awards that align director compensation with long-term shareholder interests.
Does the Allstate (ALL) director hold any other derivatives after this RSU grant?
After this transaction, the filing shows 917 Restricted Stock Units held. No additional derivative positions are listed in the derivative summary for this reporting person in this specific filing.