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Allstate (NYSE: ALL) HR chief converts 4,025 RSUs, 1,654 shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Carter Andrea M
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 4,025 $0.00 --
Exercise Common Stock 4,025 $0.00 --
Tax Withholding Common Stock 1,654 $210.84 $349K
Holdings After Transaction: Restricted Stock Units — 8,050 shares (Direct, null); Common Stock — 4,025 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Carter Andrea M

(Last)(First)(Middle)
C/O THE ALLSTATE CORPORATION
3100 SANDERS ROAD

(Street)
NORTHBROOK ILLINOIS 60062

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ ALL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
Officer (give title below)XOther (specify below)
EVP, Chief HR Officer - AIC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026M4,025A$0(1)4,025D
Common Stock06/04/2026F1,654D$210.842,371D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/04/2026M4,025 (1)06/04/2028Common Stock4,025$08,050D
Explanation of Responses:
1. 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.
/s/ Meghan E. Jauhar, attorney-in-fact for Andrea M. Carter06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Allstate (ALL) shares did Andrea M. Carter acquire in this transaction?

She acquired 4,025 Allstate common shares through the conversion of previously awarded Restricted Stock Units. The RSUs converted on June 4, 2026 under The Allstate Corporation 2019 Equity Incentive Plan without any cash payment from Carter.

Why were 1,654 Allstate (ALL) shares disposed of in Andrea M. Carter’s Form 4?

The 1,654 Allstate shares were disposed of to satisfy tax liabilities via share withholding. This F-code transaction is described as payment of tax liability by delivering securities, not as an open-market sale initiated by Carter.

How many Allstate (ALL) shares does Andrea M. Carter hold after these transactions?

After the June 4, 2026 transactions, Andrea M. Carter directly holds 2,371 Allstate common shares. This figure represents her remaining direct share ownership following the RSU conversion and the tax-withholding disposition of 1,654 shares.

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.