Allstate COO Rizzo exercises options and sells shares

Allstate Corp Chief Operating Officer-AIC Mario Rizzo reported an exercise-and-sale transaction in company stock.

Rhea-AI Filing Summary

Allstate Corp Chief Operating Officer-AIC Mario Rizzo reported an exercise-and-sale transaction in company stock. On May 1, 2026, he exercised employee stock options to acquire 18,578 shares of common stock at $92.80 per share, then sold 18,578 shares in an open-market sale at $218.80 per share.

After these transactions, Rizzo directly held 82,227 shares of Allstate common stock and indirectly held 1,678 shares through a 401(k) plan. The options exercised were part of a stock option award originally granted on February 22, 2018, with a scheduled vesting structure.

Insights

Equity compensation analyst

Rizzo exercised options for 18,578 Allstate shares and sold the same number, while retaining a sizable equity stake.

The filing shows Chief Operating Officer-AIC Mario Rizzo exercised employee stock options granted on February 22, 2018 to acquire 18,578 shares of Allstate common stock at $92.80 per share, then sold 18,578 shares at $218.80 per share.

This is a classic exercise-and-sell pattern, turning an option position into cash while maintaining equity exposure. After the sale, Rizzo still directly owns 82,227 shares and indirectly holds 1,678 shares via a 401(k) plan, indicating a remaining substantial stake even after the net-sell activity.

Insider Trade Summary

Exercise and Sale: 18,578 shares ($2.34M approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Rizzo Mario

Role Insider

Sold 18,578 shs ($4.06M)

Approx. gross sale proceeds $4.06M

Approx. exercise cost $1.72M

Approx. pre-tax spread $2.34M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	18,578	$0.00	$0.00
Exercise	Common Stock	18,578	$92.80	$1.72M
Sale	Common Stock	18,578	$218.80	$4.06M
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 82,227 shares (Direct); Common Stock — 1,678 shares (Indirect, By 401(K) Plan)

Footnotes (1)

1. F1. Stock option award granted on February 22, 2018, for 227,406 shares of common stock vesting in three equal increments. The remaining increments will vest on February 22, 2020, and February 22, 2021.

Key Figures

Shares sold: 18,578 shares Sale price: $218.80 per share Options exercised: 18,578 shares +5 more

8 metrics

Shares sold 18,578 shares Open-market sale of common stock on May 1, 2026 at $218.80

Sale price $218.80 per share Price for 18,578 Allstate common shares sold

Options exercised 18,578 shares Employee stock option exercise at $92.80 per share

Exercise price $92.80 per share Exercise price of employee stock options granted February 22, 2018

Direct holdings after 82,227 shares Allstate common stock directly owned after transactions

Indirect holdings after 1,678 shares Allstate common stock held via 401(k) plan

Option expiration February 22, 2028 Original expiration date of exercised employee stock option grant

Original award size 227,406 shares Stock option award granted February 22, 2018, vesting in three increments

Key Terms

open-market sale, Employee Stock Option (Right to Buy), derivative security, 401(K) Plan, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Employee Stock Option (Right to Buy) financial

"security_title": "Employee Stock Option (Right to Buy)""

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.

401(K) Plan financial

"nature_of_ownership": "By 401(K) Plan""

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

stock option award financial

"Stock option award granted on February 22, 2018, for 227,406 shares"

A stock option award is a grant that gives an employee the right to buy a company’s shares at a fixed price for a limited time, often becoming available gradually over a set schedule. Investors care because these awards align workers’ incentives with company performance, can increase employee loyalty, and may create future share dilution and compensation expense that affect earnings per share and shareholder value.

FAQ

What did Allstate (ALL) executive Mario Rizzo report in this Form 4 filing?

Mario Rizzo reported an option exercise and open-market sale in Allstate stock. He exercised employee stock options for 18,578 common shares at $92.80, then sold 18,578 shares at $218.80, reflecting a routine equity compensation transaction with simultaneous acquisition and sale.

How many Allstate (ALL) shares did Mario Rizzo sell and at what price?

Mario Rizzo sold 18,578 shares of Allstate common stock in an open-market transaction. The reported sale price was $218.80 per share, representing a significant monetization of previously granted equity while still leaving him with a sizable remaining direct shareholding in the company.

What options did Mario Rizzo exercise in this Allstate (ALL) Form 4?

Rizzo exercised employee stock options covering 18,578 Allstate common shares at an exercise price of $92.80 per share. These options were part of a February 22, 2018 award that vested in increments, converting a derivative compensation grant into actual common stock ownership before the sale.

How many Allstate (ALL) shares does Mario Rizzo own after these transactions?

Following the reported transactions, Rizzo directly holds 82,227 Allstate common shares. He also indirectly owns 1,678 shares through a 401(k) plan. These holdings show he retains a meaningful equity position in Allstate even after exercising options and selling an equivalent number of shares.

Were there any derivative securities remaining for Mario Rizzo after this Allstate (ALL) filing?

The filing’s derivative summary is empty, and the exercised employee stock option now shows zero remaining shares. This indicates the specific 18,578-share option grant was fully exercised, leaving no remaining position from that particular derivative award reported in this Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/04/2026 - 05:51 PM Learn about SEC filing dates

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^*

Rizzo Mario

(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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chief Operating Officer-AIC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		M		18,578	A	$92.8	100,805	D
Common Stock	05/01/2026		S		18,578	D	$218.8	82,227	D
Common Stock								1,678	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
Employee Stock Option (Right to Buy)	$92.8	05/01/2026		M			18,578	02/22/2021(1)	02/22/2028	Common Stock	18,578	$0	0	D

Explanation of Responses:

1. Stock option award granted on February 22, 2018, for 227,406 shares of common stock vesting in three equal increments. The remaining increments will vest on February 22, 2020, and February 22, 2021.

	/s/ Meghan E. Jauhar, attorney-in-fact for Mario Rizzo	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)