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Allstate (ALL) insider logs stock award conversion and tax share withholding

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

Rhea-AI Filing Summary

Allstate executive Jesse E. Merten reported equity award activity in Allstate common stock. On February 13, 2026, he acquired 15,809 shares at $0.00 per share, reflecting conversion of a 2023 performance stock award under The Allstate Corporation 2019 Equity Incentive Plan. On the same date, 6,302 shares were disposed of at $207.51 per share to cover tax-withholding obligations tied to that award conversion. After these transactions, he held 30,794 shares directly, plus 7,804 shares indirectly through a 401(k) plan.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Merten Jesse E

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

(Street)
NORTHBROOK IL 60062

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALLSTATE CORP [ ALL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
PresPersonalProperty-Liability
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 A 15,809 A $0(1) 37,096 D
Common Stock 02/13/2026 F 6,302 D $207.51(2) 30,794 D
Common Stock 7,804 I By 401(k) Plan
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares acquired upon conversion of 2023 performance stock award, pursuant to The Allstate Corporation 2019 Equity Incentive Plan.
2. Shares withheld to satisfy tax withholding obligations incident to the conversion of performance stock award.
/s/ Meghan E. Jauhar, attorney-in-fact for Jesse E. Merten 02/18/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did Jesse E. Merten report for ALL stock?

Jesse E. Merten reported a grant-related acquisition and a tax-withholding disposition of Allstate common stock. He received 15,809 shares from converting a 2023 performance stock award and had 6,302 shares withheld to cover related tax obligations at a price of $207.51 per share.

How many Allstate (ALL) shares did Jesse E. Merten acquire in the latest Form 4?

He acquired 15,809 Allstate common shares at $0.00 per share. The shares came from converting a 2023 performance stock award under The Allstate Corporation 2019 Equity Incentive Plan, rather than through an open-market purchase, according to the Form 4 footnote disclosure.

Why were 6,302 Allstate (ALL) shares disposed of in Merten’s Form 4?

The 6,302 Allstate shares were disposed of to satisfy tax-withholding obligations. The Form 4 notes these shares were withheld in connection with the conversion of a performance stock award, at a price of $207.51 per share, rather than being sold in a typical market transaction.

What is Jesse E. Merten’s direct Allstate (ALL) share ownership after these transactions?

After the reported transactions, Jesse E. Merten directly owned 30,794 Allstate common shares. This figure reflects both the acquisition of 15,809 shares from the 2023 performance award conversion and the 6,302 shares withheld to cover associated tax obligations, as detailed in the Form 4.

Does Jesse E. Merten hold Allstate (ALL) shares indirectly through a retirement plan?

Yes, he holds Allstate shares indirectly through a 401(k) plan. The Form 4 shows 7,804 common shares held with indirect ownership labeled “By 401(k) Plan,” in addition to his directly owned 30,794 shares following the award conversion and related tax-withholding transaction.

What Allstate equity plan is referenced in Jesse E. Merten’s Form 4 filing?

The filing references The Allstate Corporation 2019 Equity Incentive Plan. Under this plan, a 2023 performance stock award converted into 15,809 common shares for Jesse E. Merten, which were reported as acquired at $0.00 per share in the Form 4 filing.
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