Allstate director exercises 1,603 RSUs, gets new grant
Allstate director Richard T. Hume increased his equity stake through routine stock compensation events.
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Rhea-AI Filing Summary
Allstate director Richard T. Hume increased his equity stake through routine stock compensation events. He exercised 1,603 previously awarded restricted stock units, receiving an equal number of Allstate common shares without paying any exercise price. Following this conversion, he directly holds 5,512 common shares.
On the same date, he also received a new grant of 917 restricted stock units under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. These units each represent the right to receive one share of common stock after a standard or deferred restriction period tied to his Board service.
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 insider transactions did Allstate (ALL) director Richard T. Hume report?
What new restricted stock units did Allstate (ALL) grant to Richard T. Hume?
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