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Allstate (ALL) executive Suren Gupta logs RSU vesting and share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gupta Suren

(Last) (First) (Middle)
C/O THE ALLSTATE CORPORATION
3100 SANDERS ROAD

(Street)
NORTHBROOK IL 60062-7154

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ ALL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
President,Enterprise Solutions
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/21/2026 M 942 A $0(1) 109,741 D
Common Stock 02/21/2026 F 396 D $206.37 109,345 D
Common Stock 1,335 I By 401(k) Plan
Common Stock 7 I VVG Holdings LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/21/2026 M 942 (1) 02/21/2027 Common Stock 942 $0 943 D
Explanation of Responses:
1. 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.
/s/ Meghan E. Jauhar, attorney-in-fact for Suren Gupta 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Suren Gupta report for Allstate (ALL)?

Suren Gupta reported conversion of 942 restricted stock units into Allstate common shares and withholding of 396 shares to satisfy tax obligations. These transactions were recorded on February 21 under The Allstate Corporation 2019 Equity Incentive Plan.

How many Allstate (ALL) shares does Suren Gupta hold after this Form 4?

After the reported transactions, Suren Gupta directly holds 109,345 Allstate common shares. He also has indirect ownership of 1,335 shares through a 401(k) plan and 7 shares via VVG Holdings LLC, according to the filing.

What happened to Suren Gupta’s restricted stock units in Allstate (ALL)?

942 restricted stock units converted into an equal number of Allstate common shares without any cash payment. The filing states these RSUs were granted under the 2019 Equity Incentive Plan, with remaining units scheduled to convert on February 21, 2027.

Why were 396 Allstate (ALL) shares disposed of in this Form 4?

The 396 Allstate shares were withheld to pay tax liabilities related to the restricted stock unit conversion. The filing identifies this as a tax-withholding disposition at a price of $206.37 per share, rather than an open-market sale.

When will Suren Gupta’s remaining Allstate (ALL) RSUs convert to shares?

The remaining restricted stock units are scheduled to convert into Allstate common shares on February 21, 2027. This future conversion date is specified in the footnote describing the equity award and its vesting schedule.

What equity plan governs Suren Gupta’s Allstate (ALL) RSU conversion?

The RSU conversion is governed by The Allstate Corporation 2019 Equity Incentive Plan. The filing states that 942 restricted stock units converted into common shares without consideration under this plan, with additional units to convert in 2027.
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