Allstate director granted 917 RSUs
Allstate Corporation director Siddharth N. Mehta received a grant of 917 Restricted Stock Units (RSUs).
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Form Type
4
Rhea-AI Filing Summary
Allstate Corporation director Siddharth N. Mehta received a grant of 917 Restricted Stock Units (RSUs). The RSUs were awarded under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors, with each unit representing one share of Allstate common stock.
The RSUs will convert into common stock on the day following the end of Mehta's Board service, or on the day after his death or disability if that occurs earlier. Following this grant, Mehta holds 917 RSUs directly.
Insider Trade Summary
Grant/Award: 917 shares
Grant/Award
1 txn
Insider
Mehta Siddharth N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 917 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 917 contracts (Direct)
Footnotes (1)
- F1. Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors providing that each RSU represents the right to receive one share of Allstate common stock following either a standard restriction period or a deferred period of restriction if elected. The RSUs reported will convert into common stock the day following the date on which the reporting person's Board service with Allstate terminates, except in the event of the reporting person's death or disability, which will cause the RSUs to convert on the day following the date of death or disability.
Key Figures
RSUs granted: 917 RSUs
Underlying common shares: 917 shares
RSUs after transaction: 917 RSUs
+1 more
4 metrics
RSUs granted
917 RSUs
Grant to director Siddharth N. Mehta on 2026-06-01
Underlying common shares
917 shares
Each RSU represents one share of Allstate common stock
RSUs after transaction
917 RSUs
Total RSUs held directly by Mehta following the grant
Transaction price per RSU
$0.00 per unit
Grant/award acquisition, not a market purchase
Key Terms
Restricted Stock Units, 2017 Equity Compensation Plan for Non-Employee Directors, standard restriction period, deferred period of restriction, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors"
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"
standard restriction period financial
"each RSU represents the right to receive one share of Allstate common stock following either a standard restriction period"
deferred period of restriction financial
"or a deferred period of restriction if elected"
disability financial
"except in the event of the reporting person's death or disability, which will cause the RSUs to convert"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Allstate (ALL) director Siddharth Mehta report?
Director Siddharth N. Mehta reported receiving 917 Restricted Stock Units from Allstate. These RSUs are a stock-based compensation award granted under Allstate’s 2017 equity plan for non-employee directors, rather than an open-market purchase or sale of common shares.
How many Restricted Stock Units did Allstate (ALL) grant to Siddharth Mehta?
Allstate granted Siddharth N. Mehta 917 Restricted Stock Units. Each RSU corresponds to one share of Allstate common stock, providing equity-based compensation tied directly to the company’s stock, rather than immediate cash payment, for his service on the Board.
When will Siddharth Mehta’s Allstate (ALL) RSUs convert into common stock?
The 917 RSUs will convert into Allstate common stock the day after Mehta’s Board service ends. If his service ends because of death or disability, the RSUs instead convert on the day following the date of death or disability, according to the plan terms.
What plan governs the RSU grant reported by Allstate (ALL) director Siddharth Mehta?
The RSU grant is issued under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. This plan provides stock-based awards where each Restricted Stock Unit represents the right to receive one share of Allstate common stock at a future conversion date.
Does Siddharth Mehta hold Allstate (ALL) RSUs directly after this transaction?
Yes. After this grant, Siddharth N. Mehta directly holds 917 Restricted Stock Units. The filing shows the total RSUs following the transaction equals 917, indicating this grant established his reported RSU position as of the transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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