ALL Director Elects Stock for Fees: 195 Shares at $210.68; 7,665.992 Units
Rhea-AI Filing Summary
Perry M. Traquina, a director of The Allstate Corporation (ALL), reported acquiring 195 shares of common stock on 10/01/2025 at a price of $210.68 per share by electing to receive stock instead of cash compensation under the company’s 2017 Equity Compensation Plan for Non-Employee Directors. After that transaction the reporting person directly beneficially owned 5,407.125 shares. Separately, the filing shows 7,665.992 common share units held under the Amended and Restated Deferred Compensation Plan for Non-Employee Directors, which represent deferred director fees and include dividend-equivalent units; 36.215 of those units were acquired as dividend equivalents for the period 7/03/2025 through 10/01/2025. The form is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- 195 shares acquired via election to receive stock in lieu of cash, aligning director pay with shareholder interests
- 7,665.992 common share units held under the deferred compensation plan, reflecting continued long-term equity exposure
- 36.215 dividend-equivalent units credited for the period 7/03/2025–10/01/2025, showing dividend accrual within deferred compensation
Negative
- None.
Insights
Director converted fees to equity, increasing insider ownership modestly.
This Form 4 shows a routine election by a director to receive 195 shares in lieu of cash compensation at $210.68, which increased direct holdings to 5,407.125 shares. Using equity for compensation aligns director incentives with shareholders without diluting outstanding shares because these were issuances under an existing plan.
The filing also documents 7,665.992 common share units from the deferred compensation plan and 36.215 dividend-equivalent units added for the specified period, indicating ongoing deferral and dividend-crediting consistent with plan terms.
Form 4 discloses required insider activity and includes required explanatory notes.
The form lists the transaction date as 10/01/2025, transaction code V (election to receive stock), and provides explanations for both the stock issuance and the common share units, meeting disclosure norms for Section 16 filings. The signature by an attorney-in-fact on 10/03/2025 is included.
This filing contains no indications of amendments, derivative exercises, or dispositions beyond the reported election and deferred-unit accruals.