Allstate (NYSE: ALL) EVP converts RSUs, withholds stock for taxes
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
728 shares exercised/converted
Mixed
3 txns
Insider
DeBiase Christine M.
Role
EVP, CLO and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 728 | $0.00 | -- |
| Exercise | Common Stock | 728 | $0.00 | -- |
| Tax Withholding | Common Stock | 369 | $209.82 | $77K |
Holdings After Transaction:
Restricted Stock Units — 1,457 shares (Direct);
Common Stock — 12,435.904 shares (Direct)
Footnotes (1)
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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.