Allstate executive converts RSUs, withholds shares
Allstate Corporation executive Suren Gupta, President of Enterprise Solutions, converted 680 Restricted Stock Units into the same number of common shares on February 24, 2026 at $0.00 per share under the 2019 Equity Incentive Plan.
Rhea-AI Filing Summary
Allstate Corporation executive Suren Gupta, President of Enterprise Solutions, converted 680 Restricted Stock Units into the same number of common shares on February 24, 2026 at $0.00 per share under the 2019 Equity Incentive Plan. A portion of the resulting stock, 286 common shares at $209.82 per share, was surrendered to cover tax withholding. After these transactions, he directly held 109,739 common shares, with additional indirect holdings of 1,335 shares through a 401(k) plan and 7 shares through VVG Holdings LLC. Remaining RSUs are scheduled to convert on February 24, 2027 and February 24, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 680 | $0.00 | $0.00 |
| Exercise | Common Stock | 680 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 286 | $209.82 | $60K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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