Allstate (NYSE: ALL) insider sells 1,550 shares after exercising options
Rhea-AI Filing Summary
ALLSTATE CORP insider Mark Q. Prindiville reported an option exercise and same-day share sale in common stock. He exercised employee stock options for 1,550 shares at $69.31 per share, then sold 1,550 shares in an open-market transaction at an average price of $216.2749 per share.
Following these transactions, Prindiville directly owned 27,558 shares of Allstate common stock. A separate entry shows his indirect holdings through a 401(k) plan at 0 shares after the reporting date, indicating no remaining 401(k) plan position in Allstate stock in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,550 shares ($228K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Prindiville Mark Q
Role
Insider
Sold
1,550 shs ($335K)
Approx. gross sale proceeds
$335K
Approx. exercise cost
$107K
Approx. pre-tax spread
$228K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,550 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,550 | $69.31 | $107K |
| Sale | Common Stock | 1,550 | $216.2749 | $335K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 27,558 shares (Direct);
Common Stock — 0 shares (Indirect, By 401(k) Plan)
Key Figures
Shares sold: 1,550 shares
Sale price: $216.2749 per share
Options exercised: 1,550 shares
+5 more
8 metrics
Shares sold
1,550 shares
Open-market sale of Allstate common stock on May 22, 2026
Sale price
$216.2749 per share
Average price for 1,550 Allstate shares sold
Options exercised
1,550 shares
Employee Stock Option (Right to Buy) exercised
Exercise price
$69.31 per share
Conversion or exercise price of employee stock option
Direct holdings after
27,558 shares
Allstate common stock held directly after transactions
Net shares sold
1,550 shares
Net buy/sell shares in transaction summary
Option expiration date
September 6, 2026
Expiration date of exercised employee stock option
Indirect 401(k) holdings after
0 shares
Allstate stock in 401(k) plan following holding entry
Key Terms
open-market sale, derivative security, Employee Stock Option (Right to Buy), Section 16 officer, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Employee Stock Option (Right to Buy) financial
"security_title": "Employee Stock Option (Right to Buy)""
Section 16 officer regulatory
"other": "Former Section 16 officer""
A Section 16 officer is a corporate executive who, under U.S. securities law, must publicly report their purchases and sales of the company’s stock and is subject to rules that can force them to return short-term trading profits. Think of them as an insider required to keep a public trading log so investors can see when executives are buying or selling; that transparency helps investors assess management’s confidence and reduces the risk of undisclosed insider trading.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mark Q. Prindiville report for ALL stock?
Mark Q. Prindiville reported exercising employee stock options for 1,550 Allstate shares and selling 1,550 shares in an open-market transaction. The transactions both occurred on May 22, 2026, and involved Allstate common stock at different prices for exercise and sale.
What type of derivative security did the ALL insider exercise?
Prindiville exercised an Employee Stock Option (Right to Buy) covering 1,550 Allstate common shares. The option carried a conversion or exercise price of $69.31 per share and had an expiration date of September 6, 2026, according to the Form 4 details.
Did the ALL insider’s 401(k) holdings change in this Form 4?
Yes. The Form 4 includes an entry labeled as indirect ownership "By 401(k) Plan" showing total shares following the transaction at 0.0000. This indicates no Allstate common stock remained in the 401(k) plan position as of the reported date.