Allstate (NYSE: ALL) director receives grant of 917 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLSTATE CORP director Donald Eugene Brown received a grant of 917 Restricted Stock Units (RSUs). These RSUs were awarded under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors and each unit represents the right to receive one share of Allstate common stock.
The RSUs will convert into common stock upon the earlier of the third anniversary of the grant date, the day after Brown’s Board service ends, or the day after his death or disability. Following this grant, Brown holds 917 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Donald Eugene
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 917 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 917 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 917 units
Shares per RSU: 1 share
Post-grant RSU holdings: 917 units
+2 more
5 metrics
RSUs granted
917 units
Restricted Stock Units granted to Donald Eugene Brown
Shares per RSU
1 share
Each RSU represents one share of Allstate common stock
Post-grant RSU holdings
917 units
Total RSUs held by Brown following the transaction
Vesting horizon
3 years
Conversion upon third anniversary of grant if earlier events do not occur
Transaction price per unit
$0.0000
Grant price for each RSU (compensation award, no cash paid)
Key Terms
Restricted Stock Units, 2017 Equity Compensation Plan for Non-Employee Directors, Common Stock, restriction period
4 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"
Common Stock financial
"each RSU represents the right to receive one share of Allstate common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
restriction period financial
"following either a standard restriction period or a deferred period of restriction if elected"
FAQ
What insider transaction did ALL (Allstate) director Donald Eugene Brown report?
Donald Eugene Brown reported a grant of 917 Restricted Stock Units from Allstate. These RSUs are a form of equity compensation that will later convert into common shares of Allstate common stock, aligning the director’s interests with long-term shareholder value.
How many Allstate RSUs were granted to director Donald Eugene Brown?
Donald Eugene Brown was granted 917 Restricted Stock Units by Allstate. Each RSU represents the right to receive one share of Allstate common stock, so this award can convert into 917 common shares once the vesting or conversion conditions are met.
When will Donald Eugene Brown’s Allstate RSUs convert into common stock?
The 917 RSUs will convert into Allstate common stock at the earlier of three events: the third anniversary of the grant date, the day after Brown’s Board service ends, or the day after his death or disability, providing structured long-term equity compensation.
What plan governs the RSU grant reported by Allstate director Donald Eugene Brown?
The RSU grant is made under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. This plan provides equity awards, like Restricted Stock Units, to non-employee directors to support long-term alignment with shareholders and Board retention.