Allstate insider sells 33,986 shares after exercises
Allstate Corporation insider Jesse E. Merten reported a combination of equity awards exercises and stock sales.
Rhea-AI Filing Summary
Allstate Corporation insider Jesse E. Merten reported a combination of equity awards exercises and stock sales. On February 24–25, 2026, he acquired Allstate common shares by exercising employee stock options and converting restricted stock units, then sold 33,986 common shares in open-market transactions executed under a Rule 10b5-1 trading plan adopted on November 7, 2025.
The reported sale prices were weighted averages between $206.96 and $210.47 per share across several price brackets. After these transactions, he directly owned 32,301 Allstate common shares and indirectly held 7,823 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
14 txns
Insider
Merten Jesse E
Role
Insider
Sold
33,986 shs ($7.09M)
Approx. gross sale proceeds
$7.09M
Approx. exercise cost
$4.47M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 12,879 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) | 1,734 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) | 19,373 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,879 | $122.64 | $1.58M |
| Exercise | Common Stock | 1,734 | $133.00 | $231K |
| Exercise | Common Stock | 19,373 | $137.10 | $2.66M |
| Sale | Common Stock | 8,811 | $207.5314 | $1.83M |
| Sale | Common Stock | 15,893 | $208.5753 | $3.31M |
| Sale | Common Stock | 7,982 | $209.4048 | $1.67M |
| Sale | Common Stock | 1,300 | $210.4385 | $274K |
| Exercise | Restricted Stock Units | 1,201 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,201 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 533 | $209.82 | $112K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,402 contracts (Direct);
Employee Stock Option (Right to Buy) — 10,555 contracts (Direct);
Common Stock — 32,301 shares (Direct);
Common Stock — 7,823 shares (Indirect, By 401(k) Plan)
Footnotes (6)
- 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.
- F2. The option exercise and sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on November 7, 2025.
- F3. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sale prices ranged from $206.96 to $207.86. The reporting person provided the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request.
- F4. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sale prices ranged from $207.96 to $208.95. The reporting person provided the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request.
- F5. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sale prices ranged from $208.97 to $209.96. The reporting person provided the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request.
- F6. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sale prices ranged from $210.06 to $210.47. The reporting person provided the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request.
FAQ
What did Allstate (ALL) insider Jesse E. Merten report in this Form 4?
Jesse E. Merten reported exercising employee stock options and restricted stock units, then selling 33,986 Allstate common shares in open-market trades. The activity reflects routine equity compensation transactions rather than a new corporate event or change in the company’s underlying business performance.
Were Jesse E. Merten’s Allstate (ALL) stock sales under a 10b5-1 trading plan?
Yes. The filing notes the option exercise and sale transactions were executed under a Rule 10b5-1 trading plan adopted on November 7, 2025. Such plans pre-schedule trades, helping separate personal trading decisions from day-to-day corporate information flows.
What role do restricted stock units and options play in this Allstate (ALL) Form 4?
The Form 4 shows the conversion of previously awarded restricted stock units and the exercise of employee stock options into common shares. These equity awards were granted under The Allstate Corporation 2019 Equity Incentive Plan and then partially monetized through open-market sales.
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