Allstate director exercises 1,603 units, gets 917 RSUs
Allstate Corporation director Margaret M. Keane reported routine equity compensation activity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,603 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 917 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,603 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted Stock Units financial
Equity Compensation Plan financial
non-employee directors financial
FAQ
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What did Allstate (ALL) director Margaret M. Keane report in this Form 4?
What is the size of the new Restricted Stock Unit grant to the Allstate (ALL) director?
When will the newly granted Allstate (ALL) RSUs convert into common stock?
What Allstate (ALL) plan governs these director equity transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.