Allstate (ALL) director sells 2,225 shares, receives 917 new RSUs
Rhea-AI Filing Summary
Allstate Corporation director Andrea Redmond reported multiple equity transactions involving company stock. On 2026-06-01, she sold 2,225 shares of Allstate common stock in an open-market transaction at $202.91 per share, leaving her with no directly held common shares.
On the same date, 2,225 previously awarded Restricted Stock Units (RSUs) converted into an equal number of common shares without any cash payment, pursuant to Allstate’s equity compensation plan for non-employee directors. She also received a new grant of 917 RSUs, each representing the right to one share of common stock after a restriction or deferral period, so 917 RSUs remain outstanding following these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 2,225 shares ($451K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
REDMOND ANDREA
Role
Director
Sold
2,225 shs ($451K)
Approx. gross sale proceeds
$451K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$451K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,225 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 917 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,225 | $0.00 | $0.00 |
| Sale | Common Stock | 2,225 | $202.91 | $451K |
Holdings After Transaction:
Restricted Stock Units — 917 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Conversion of previously awarded restricted stock units into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2006 Equity Compensation Plan for Non-Employee Directors.
- F2. Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors providing that each RSU represents the right to receive one share of Allstate common stock following either a standard restriction period or a deferred period of restriction if elected. The RSUs reported will convert into common stock upon the earlier of (i) the third anniversary of the date of grant, (ii) the day following the date on which the reporting person's Board service terminates, and (iii) the day following the date of the reporting person's death or disability.
Key Figures
Common shares sold: 2,225 shares
Sale price per share: $202.91/share
Shares after sale: 0 common shares
+4 more
7 metrics
Common shares sold
2,225 shares
Open-market sale on June 1, 2026
Sale price per share
$202.91/share
Open-market sale of Allstate common stock
Shares after sale
0 common shares
Directly held common stock following transaction
RSUs converted
2,225 RSUs
Conversion into common shares without cash payment
New RSU grant
917 RSUs
Equity award to non-employee director on June 1, 2026
RSUs outstanding
917 RSUs
RSU balance following reported transactions
Net share change
-2,225 shares
Net buy/sell direction across reported transactions
Key Terms
Restricted Stock Units, Equity Compensation Plan, derivative security, open-market sale
4 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors"
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.
Equity Compensation Plan financial
"pursuant to The Allstate Corporation 2006 Equity Compensation Plan for Non-Employee Directors"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Allstate (ALL) director Andrea Redmond report?
Andrea Redmond reported an open-market sale of 2,225 Allstate common shares and related equity award activity. Previously awarded RSUs converted into shares, which were then sold, and she received a new grant of 917 Restricted Stock Units.
What happened to Andrea Redmond’s previously awarded RSUs in Allstate (ALL)?
Previously awarded Restricted Stock Units converted into 2,225 Allstate common shares without any cash payment. This conversion occurred under The Allstate Corporation equity compensation plan for non-employee directors on June 1, 2026, immediately before the reported open-market sale.
What new equity award did Allstate (ALL) grant to Andrea Redmond?
Andrea Redmond received a new grant of 917 Restricted Stock Units under Allstate’s 2017 Equity Compensation Plan for Non-Employee Directors. Each RSU represents the right to one share of common stock after a standard or deferred restriction period.
What are the key terms of the new RSUs granted to Andrea Redmond at Allstate (ALL)?
Each new RSU represents one Allstate common share to be delivered after a restriction period. The RSUs convert upon the earlier of the third anniversary of grant, the day following her Board service termination, or the day following her death or disability.