Allstate executive reports RSU vesting and tax withholding
Allstate Corporation executive Suren Gupta reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Allstate Corporation executive Suren Gupta reported equity award activity involving restricted stock units and common shares. On February 21, he converted 942 previously awarded restricted stock units into an equal number of Allstate common shares without paying any exercise price under the 2019 Equity Incentive Plan.
To cover related tax obligations, 396 common shares were automatically withheld at a price of $206.37 per share, reducing the net shares retained from this vesting. After these transactions, Gupta directly held 109,345 common shares, with additional indirect holdings of 1,335 shares through a 401(k) plan and 7 shares via VVG Holdings LLC. The remaining restricted stock units from this award are scheduled to convert on February 21, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 942 | $0.00 | $0.00 |
| Exercise | Common Stock | 942 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 396 | $206.37 | $82K |
| 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 21, 2027.
FAQ
What insider transactions did Suren Gupta report for Allstate (ALL)?
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What equity plan governs Suren Gupta’s Allstate (ALL) RSU conversion?
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