Allstate (NYSE: ALL) HR chief converts 4,025 RSUs, 1,654 shares withheld
Rhea-AI Filing Summary
Allstate Corporation executive Andrea M. Carter reported routine equity compensation activity involving company stock. On June 4, 2026, she exercised 4,025 Restricted Stock Units (RSUs), converting them into an equal number of Allstate common shares without paying any cash, under the 2019 Equity Incentive Plan.
To cover associated tax obligations, 1,654 common shares were disposed of through a tax-withholding transaction, not an open-market sale. Following these transactions, she directly holds 2,371 common shares. The footnote states that her remaining RSUs, totaling 8,050 units after this exercise, are scheduled to convert on June 4, 2027 and June 4, 2028, indicating a continuing equity stake that will vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,371 shares
Net Buy
3 txns
Insider
Carter Andrea M
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,025 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,025 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,654 | $210.84 | $349K |
Holdings After Transaction:
Restricted Stock Units — 8,050 shares (Direct);
Common Stock — 2,371 shares (Direct)
Footnotes (1)
- F1. 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 June 4, 2027 and June 4, 2028.
Key Figures
RSUs converted: 4,025 units
Shares withheld for taxes: 1,654 shares
Direct common shares after transaction: 2,371 shares
+2 more
5 metrics
RSUs converted
4,025 units
RSUs converted to common stock on June 4, 2026
Shares withheld for taxes
1,654 shares
Tax-withholding disposition at $210.84 per share
Direct common shares after transaction
2,371 shares
Direct ownership following June 4, 2026 transactions
Remaining RSUs
8,050 units
RSUs scheduled to convert on June 4, 2027 and June 4, 2028
Tax-withholding price
$210.84/share
Implied value for 1,654-share tax-withholding disposition
Key Terms
Restricted Stock Units, 2019 Equity Incentive Plan, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Conversion of previously awarded Restricted Stock Units (RSUs) into an equal number of common shares"
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.
2019 Equity Incentive Plan financial
"pursuant to The Allstate Corporation 2019 Equity Incentive Plan"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Allstate (ALL) executive Andrea M. Carter report in this Form 4?
Andrea M. Carter reported exercising 4,025 Restricted Stock Units into Allstate common shares and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of Allstate stock.
What Restricted Stock Units (RSUs) remain for Andrea M. Carter at Allstate (ALL)?
After converting 4,025 RSUs, Carter has 8,050 RSUs remaining, according to the Form 4. The footnote states these remaining RSUs will convert into common shares on June 4, 2027 and June 4, 2028, continuing her equity-based compensation.
Is Andrea M. Carter’s Allstate (ALL) Form 4 an open-market stock sale?
No, the filing shows a tax-withholding disposition and RSU conversion, not an open-market sale. Shares were withheld to cover tax obligations, and RSUs converted into common stock under the company’s 2019 Equity Incentive Plan.