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Allstate (NYSE: ALL) EVP converts RSUs, withholds stock for taxes

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

Rhea-AI Filing Summary

ALLSTATE CORP executive Christine M. DeBiase exercised previously granted restricted stock units, converting 728 RSUs into 728 common shares at no cost under The Allstate Corporation 2019 Equity Incentive Plan. To cover tax obligations, 369 common shares were withheld at $209.82 per share. Remaining RSUs are scheduled to convert on February 24, 2027 and February 24, 2028.

Positive

  • None.

Negative

  • None.
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*
DeBiase Christine M.

(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) Other (specify below)
EVP, CLO and General Counsel
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 728 A $0(1) 12,435.904 D
Common Stock 02/24/2026 F 369 D $209.82 12,066.904 D
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 728 (1) 02/24/2028 Common Stock 728 $0 1,457 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 Christine M. DeBiase 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) report for Christine M. DeBiase?

Allstate reported that executive Christine M. DeBiase converted 728 restricted stock units into 728 common shares at no cost, then had 369 common shares withheld at $209.82 per share to satisfy tax obligations related to the equity award conversion.

Were Christine M. DeBiase’s Allstate (ALL) transactions open-market buys or sells?

The transactions were not open-market buys or sells. They reflect an automatic conversion of 728 restricted stock units into common stock and a related withholding of 369 shares to cover tax liabilities, consistent with Allstate’s 2019 Equity Incentive Plan terms.

How many Allstate (ALL) shares does Christine M. DeBiase hold after these Form 4 transactions?

After these transactions, Christine M. DeBiase directly holds 12,066.9040 shares of Allstate common stock. This figure reflects both the conversion of 728 restricted stock units into shares and the withholding of 369 shares to satisfy associated tax withholding obligations.

What price was used for the tax-withholding share disposition at Allstate (ALL)?

For the tax-withholding disposition, 369 Allstate common shares were withheld at a price of $209.82 per share. This non-open-market transaction was reported under code “F,” indicating shares delivered to satisfy tax obligations arising from equity award conversion.

Will Christine M. DeBiase receive additional Allstate (ALL) shares from RSUs in the future?

Yes. The footnote states that remaining restricted stock units will convert into an equal number of Allstate common shares on February 24, 2027 and February 24, 2028, under The Allstate Corporation 2019 Equity Incentive Plan, without additional consideration due.
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