Allstate director exercises 1,603 RSUs, gets new grant
Allstate Corp director Monica J. Turner reported routine equity compensation-related transactions.
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Rhea-AI Filing Summary
Allstate Corp director Monica J. Turner reported routine equity compensation-related transactions. She exercised 1,603 restricted stock units into the same number of Allstate common shares without paying any cash, increasing her direct common stock holdings to 2,059 shares.
Turner also received a new grant of 917 restricted stock units under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. Each unit represents the right to receive one share of common stock after a restriction or deferral period tied to board service or specified events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,603 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 917 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,603 | $0.00 | $0.00 |
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 2017 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
Key Terms
Restricted Stock Units financial
2017 Equity Compensation Plan for Non-Employee Directors financial
derivative exercise/conversion financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Allstate (ALL) director Monica J. Turner report?
What are the terms of the 917 restricted stock units granted to Allstate (ALL) director Turner?
Are Monica J. Turner’s Allstate (ALL) Form 4 transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.