Allstate (ALL) SVP Eric Ferren reports RSU conversion with tax withholding
Rhea-AI Filing Summary
Allstate Corporation SVP, Controller, and CAO Eric K. Ferren reported routine equity compensation activity involving restricted stock units. On June 5, 2026, he exercised 245 Restricted Stock Units into an equal number of common shares without paying cash, under The Allstate Corporation 2019 Equity Incentive Plan.
To cover tax obligations, 72 common shares were withheld in a tax-withholding disposition at $221.01 per share, leaving a net 173 new shares. Following these transactions, Ferren directly holds 490 common shares, and 4,073 RSUs remain outstanding and are scheduled to convert on June 5, 2027.
Positive
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Negative
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Insights
Routine RSU vesting with tax withholding; net share increase is modest.
Eric K. Ferren, a senior executive at Allstate, converted 245 Restricted Stock Units into common shares under the company’s 2019 Equity Incentive Plan. This is standard equity compensation rather than an open‑market purchase or sale.
To satisfy tax obligations, 72 of the resulting shares were withheld at $221.01 per share, leaving a net 173 additional shares. After these transactions, he directly owns 490 common shares and still holds 4,073 RSUs scheduled to convert on June 5, 2027.
The filing shows one derivative exercise and one related tax-withholding disposition, a common pattern around RSU vesting. It does not indicate discretionary buying or selling of shares in the market, so the informational signal for investors is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 245 | $0.00 | $0.00 |
| Exercise | Common Stock | 245 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 72 | $221.01 | $16K |
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 5, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Equity Incentive Plan financial
derivative exercise/conversion financial
Form 4 regulatory
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