Allstate director gifts 944 company shares
An Allstate Corp director reported a bona fide gift of company shares, leaving over seventeen thousand shares still held directly.
Rhea-AI Filing Summary
ALLSTATE CORP (ALL) director Margaret M. Keane reported a bona fide gift of 944 shares of Allstate common stock on September 3, 2026. The gift carried no sale price, and after this disposition she directly holds 17,557.515 Allstate shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
944 shares gifted
Gift
1 txn
Insider
KEANE MARGARET M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 944 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 17,557.515 shares (Direct)
Key Figures
Shares gifted: 944 shares
Per-share price reported: $0.00 per share
Shares held after transaction: 17,557.515 shares
3 metrics
Shares gifted
944 shares
Bona fide gift of Allstate common stock on September 3, 2026
Per-share price reported
$0.00 per share
Gift transaction with no sale proceeds
Shares held after transaction
17,557.515 shares
Direct holdings of Margaret M. Keane following the September 3, 2026 gift
Key Terms
bona fide gift, Rule 10b5-1 trading plan, Common Stock
3 terms
bona fide gift financial
"The transaction is described as a bona fide gift of 944 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this gift transaction."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Common Stock financial
"The reported transaction involves 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.
FAQ
What insider transaction did ALL director Margaret M. Keane report?
She reported a bona fide gift of 944 shares of Allstate common stock on September 3, 2026, with no sale proceeds reported and direct holdings after the gift of 17,557.515 shares.
Did Allstate (ALL) receive any proceeds from the reported insider transaction?
No. The filing describes the transaction as a bona fide gift of 944 Allstate shares at a reported per-share price of $0.00, which indicates no sale proceeds were involved.
Was the Allstate (ALL) insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 3, 2026 gift was made under a Rule 10b5-1 trading plan.
What transaction code was used for the Allstate (ALL) insider filing?
The transaction used code G, described as a bona fide gift, for the transfer of 944 shares of Allstate common stock on September 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.