Allstate CTO receives 483 shares in stock award
Allstate’s EVP & CTO – AIC received common shares from a vested performance award, with a portion withheld for taxes, outside a Rule 10b5-1 plan.
Rhea-AI Filing Summary
ALLSTATE CORP (ALL) reported that Zulfikar Jeevanjee, listed as EVP & CTO - AIC, had equity compensation activity involving common stock on September 6, 2026. He acquired 483 shares of common stock at no cost upon conversion of a performance stock award granted under The Allstate Corporation 2019 Equity Incentive Plan, and 213 shares were withheld on the same date to satisfy tax withholding obligations related to that conversion.
The transactions were reported as direct ownership, and no Rule 10b5-1 trading plan was indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jeevanjee Zulfikar
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 483 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 213 | $259.57 | $55K |
Holdings After Transaction:
Common Stock — 16,371 shares (Direct)
Footnotes (2)
- F1. Shares acquired upon conversion of performance stock award granted on September 6, 2023, pursuant to The Allstate Corporation 2019 Equity Incentive Plan.
- F2. Shares withheld to satisfy tax withholding obligations incident to the conversion of performance stock award.
Key Figures
Shares acquired from performance stock award: 483 shares
Shares withheld for tax obligations: 213 shares
Tax withholding reference price: $259.57 per share
+1 more
4 metrics
Shares acquired from performance stock award
483 shares
Common stock acquired on September 6, 2026 upon conversion of a performance stock award
Shares withheld for tax obligations
213 shares
Common stock withheld on September 6, 2026 to satisfy tax withholding obligations
Tax withholding reference price
$259.57 per share
Applied to 213 withheld shares in the tax withholding transaction on September 6, 2026
Performance award grant date
September 6, 2023
Grant date of performance stock award converted into 483 shares
Key Terms
performance stock award, 2019 Equity Incentive Plan, tax withholding obligations
3 terms
performance stock award financial
"Shares acquired upon conversion of performance stock award granted on September 6, 2023"
2019 Equity Incentive Plan financial
"pursuant to The Allstate Corporation 2019 Equity Incentive Plan"
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations incident to the conversion"
FAQ
What insider equity transactions did ALL (Allstate) report for Zulfikar Jeevanjee?
Allstate reported that on September 6, 2026, Zulfikar Jeevanjee acquired 483 shares of common stock at no cost from the conversion of a performance stock award, and 213 shares were withheld to cover related tax withholding obligations.
Was a Rule 10b5-1 trading plan used for the ALL Form 4 transactions?
No. The filing indicates the Rule 10b5-1 checkbox was not selected, so the reported grant-related acquisition and tax withholding transactions for ALL common stock were not affirmed as made under a Rule 10b5-1 trading plan.
What equity plan governed the performance stock award reported for ALL?
The performance stock award that converted into 483 shares of ALL common stock was granted on September 6, 2023, pursuant to The Allstate Corporation 2019 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.