Allstate EVP receives stock award, with tax share sale
ALLSTATE CORP executive Mark Q. Prindiville reported equity compensation activity involving company common stock.
Rhea-AI Filing Summary
ALLSTATE CORP executive Mark Q. Prindiville reported equity compensation activity involving company common stock. He acquired 7,233 shares at no cost through the conversion of a 2023 performance stock award under The Allstate Corporation 2019 Equity Incentive Plan. To cover related tax withholding obligations, 2,513 shares were disposed of at a price of $207.51 per share. After these transactions, he directly owned 26,994 common shares, a net increase of 4,720 shares.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,233 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,513 | $207.51 | $521K |
Footnotes (2)
- F1. Shares acquired upon conversion of 2023 performance stock award, pursuant to The Allstate Corporation 2019 Equity Incentive Plan.
- F2. Shares withheld to satisfy tax withholding obligations incident to the conversion of performance stock award.
FAQ
What insider transactions did ALL (Allstate) executive Mark Prindiville report?
Mark Q. Prindiville reported one acquisition and one disposition of Allstate common stock. He acquired 7,233 shares via a converted 2023 performance stock award and disposed of 2,513 shares to satisfy tax withholding obligations tied to that award.
What equity plan governed Mark Prindiville’s Allstate (ALL) stock award conversion?
The stock acquired by Mark Q. Prindiville was issued under The Allstate Corporation 2019 Equity Incentive Plan. His 2023 performance stock award converted into 7,233 common shares, triggering both the share acquisition and related tax-withholding disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.