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Allstate (ALL) SVP Eric Ferren reports RSU conversion with tax withholding

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

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

  • None.

Negative

  • None.

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 Ferren Eric K
Role SVP, Controller, and CAO
Type Security Shares Price Value
Exercise Restricted Stock Units 245 $0.00 --
Exercise Common Stock 245 $0.00 --
Tax Withholding Common Stock 72 $221.01 $16K
Holdings After Transaction: Restricted Stock Units — 4,073 shares (Direct, null); Common Stock — 562 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs converted 245 shares Restricted Stock Units converted to common stock on June 5, 2026
Shares withheld for taxes 72 shares Tax-withholding disposition at $221.01 per share
Tax withholding price $221.01/share Value used for 72-share tax-withholding disposition
Common shares after transaction 490 shares Direct Allstate common stock holdings following transactions
RSUs remaining 4,073 units Restricted Stock Units outstanding after conversion, expiring June 5, 2027
Net new common shares 173 shares 245 RSUs converted minus 72 shares withheld for taxes
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.
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.
Equity Incentive Plan financial
"pursuant to The Allstate Corporation 2019 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
Ferren Eric K

(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
XOfficer (give title below)Other (specify below)
SVP, Controller, and CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
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 Stock06/05/2026M245A$0(1)562D
Common Stock06/05/2026F72D$221.01490D
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)06/05/2026M245 (1)06/05/2027Common Stock245$04,073D
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 5, 2027.
/s/ Meghan E. Jauhar, attorney-in-fact for Eric K. Ferren06/08/2026
** 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 insider transaction did Allstate (ALL) executive Eric K. Ferren report?

Eric K. Ferren reported routine equity compensation activity. He converted 245 Restricted Stock Units into common shares and had 72 of those shares withheld to cover tax obligations, resulting in a modest net increase in his directly held Allstate common stock.

How many Allstate (ALL) shares did Eric K. Ferren acquire and dispose of in this Form 4?

Ferren acquired 245 Allstate common shares through RSU conversion and disposed of 72 shares via tax withholding. This left a net 173 additional shares in his direct holdings, reflecting standard RSU vesting mechanics rather than an open-market stock purchase or sale.

What are Eric K. Ferren’s Allstate (ALL) holdings after the reported transactions?

After the transactions, Ferren directly holds 490 Allstate common shares. He also has 4,073 Restricted Stock Units outstanding. According to the filing, the remaining RSUs are scheduled to convert into an equal number of common shares on June 5, 2027, if vesting conditions are met.

Was Eric K. Ferren’s Allstate (ALL) Form 4 a market sale of stock?

The Form 4 does not show an open-market sale. The 72-share disposition is labeled as a tax-withholding transaction, where shares are delivered to cover tax liabilities tied to RSU conversion, a common non-discretionary feature of executive equity compensation programs.

What plan governed the RSU conversion in Eric K. Ferren’s Allstate (ALL) Form 4?

The RSU conversion occurred under The Allstate Corporation 2019 Equity Incentive Plan. A footnote explains that previously awarded Restricted Stock Units converted into an equal number of common shares without cash payment, with remaining RSUs scheduled to convert on June 5, 2027, subject to plan terms.