Director at Allstate (NYSE: ALL) nets 1,603 shares and 917 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allstate Corporation director Margaret M. Keane reported routine equity compensation activity. She converted 1,603 Restricted Stock Units into an equal number of common shares without paying any cash, under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. Following this exercise, she directly holds 18,282.718 common shares. Keane also received a new grant of 917 Restricted Stock Units, each representing the right to receive one Allstate common share after a standard or deferred restriction period tied to board service, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,603 shares exercised/converted
Mixed
3 txns
Insider
KEANE MARGARET M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,603 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 917 | $0.00 | -- |
| Exercise | Common Stock | 1,603 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 18,282.718 shares (Direct, null)
Footnotes (1)
- Conversion of previously awarded restricted stock units into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors providing that each RSU represents the right to receive one share of Allstate common stock following either a standard restriction period or a deferred period of restriction if elected. The RSUs reported will convert into common stock upon the earlier of (i) the third anniversary of the date of grant, (ii) the day following the date on which the reporting person's Board service terminates, and (iii) the day following the date of the reporting person's death or disability.
Key Figures
Common shares from RSU conversion: 1,603 shares
Common shares held after transaction: 18,282.718 shares
New RSU grant: 917 RSUs
+2 more
5 metrics
Common shares from RSU conversion
1,603 shares
RSUs converted to Allstate common stock on 2026-06-01
Common shares held after transaction
18,282.718 shares
Direct ownership following RSU conversion
New RSU grant
917 RSUs
Grant under 2017 Equity Compensation Plan for Non-Employee Directors
Underlying shares for new RSUs
917 shares
Each RSU represents one Allstate common share
Derivative exercises in this filing
1 exercise, 1,603 shares
Exercise or conversion of derivative security on 2026-06-01
Key Terms
Restricted Stock Units, Equity Compensation Plan, non-employee directors
3 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.
Equity Compensation Plan financial
"The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
non-employee directors financial
"2017 Equity Compensation Plan for Non-Employee Directors providing that each RSU represents the right to receive one share"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
FAQ
What did Allstate (ALL) director Margaret M. Keane report in this Form 4?
Margaret M. Keane reported exercising 1,603 Restricted Stock Units into the same number of Allstate common shares and receiving a new grant of 917 RSUs. These transactions reflect routine non-cash equity compensation for a non-employee director under Allstate’s 2017 Equity Compensation Plan.
What is the size of the new Restricted Stock Unit grant to the Allstate (ALL) director?
The new grant to Margaret M. Keane consists of 917 Restricted Stock Units. Each RSU represents the right to receive one share of Allstate common stock, subject to a restriction period linked to board service, a three-year anniversary, death, or disability conditions.
When will the newly granted Allstate (ALL) RSUs convert into common stock?
The 917 newly granted RSUs will convert into Allstate common stock upon the earlier of the third anniversary of the grant date, the day after Keane’s board service ends, or the day after her death or disability, as described in the 2017 Equity Compensation Plan.
What Allstate (ALL) plan governs these director equity transactions?
Both the RSU conversion and the new grant are under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. This plan provides RSU awards that later convert into common stock based on time-based restrictions and the director’s board service status.