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Allstate (ALL) CEO-linked trusts gift 142,306 stock option shares in Form 4

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

Rhea-AI Filing Summary

Allstate Corp reported that entities associated with Chairman, President & CEO Thomas J. Wilson made non-market, bona fide gifts of employee stock options linked to its common stock. On May 7, 2026, trusts and LLCs transferred option interests covering 142,306 underlying shares.

The gifted options have exercise prices of $92.46 and $124.26 per share, with expirations on February 8, 2029 and February 19, 2030. The options are held indirectly through entities such as TJW Options LLC 2019 and 2020 series, with remaining option positions still reported after these estate-planning transfers.

Positive

  • None.

Negative

  • None.
Insider WILSON THOMAS J
Role Chairman, President & CEO
Type Security Shares Price Value
Gift Employee Stock Option (Right to Buy) 10,461 $0.00 --
Gift Employee Stock Option (Right to Buy) 10,461 $0.00 --
Gift Employee Stock Option (Right to Buy) 60,692 $0.00 --
Gift Employee Stock Option (Right to Buy) 60,692 $0.00 --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 69,776 shares (Indirect, By TJW Options LLC 2020 Series Middle Third); Employee Stock Option (Right to Buy) — 0 shares (Direct, null)
Footnotes (1)
  1. On May 7, 2026, the Thomas J. Wilson 2024-A GRAT Trust assigned 13.038% of the membership interests in TJW Options LLC 2020 Series Middle Third to the Thomas J. Wilson 2024 GRAT Remainder Trust. On May 7, 2026, the Thomas J. Wilson 2024-A GRAT Trust assigned 67.50% of the membership interests in TJW Options LLC 2019 Series Last Third to the Thomas J. Wilson 2024 GRAT Remainder Trust.
Gifted option underlying shares 142,306 shares Total underlying shares in bona fide gift transactions on May 7, 2026
Gifted tranche size (2019 series) 60,692 shares Underlying shares per each of two G-code option gifts in TJW Options LLC 2019 Series Last Third
Gifted tranche size (2020 series) 10,461 shares Underlying shares per each of two G-code option gifts in TJW Options LLC 2020 Series Middle Third
Option exercise price (2019 series) $92.46/share Employee stock options on Allstate common stock expiring February 8, 2029
Option exercise price (2020 series) $124.26/share Employee stock options on Allstate common stock expiring February 19, 2030
Remaining options in one 2019 series LLC 89,916 shares Total underlying shares following one reported gift transaction in TJW Options LLC 2019 Series Last Third
Remaining options in one 2020 series LLC 69,776 shares Total underlying shares following one reported gift transaction in TJW Options LLC 2020 Series Middle Third
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRAT Trust financial
"the Thomas J. Wilson 2024-A GRAT Trust assigned 13.038% of the membership interests"
membership interests financial
"assigned 67.50% of the membership interests in TJW Options LLC 2019 Series Last Third"
An ownership stake in a limited liability company (LLC) that represents a holder’s share of the business’s profits, losses, and decision-making power. Think of it like a slice of the company’s pie and a seat at its management table: it determines how much money the owner can receive and how much influence they have over company choices. Investors care because these interests affect returns, control, transferability, and tax treatment.
LLC series financial
"TJW Options LLC 2020 Series Middle Third"
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*
WILSON THOMAS J

(Last)(First)(Middle)
C/O THE ALLSTATE CORPORATION
3100 SANDERS ROAD

(Street)
NORTHBROOK ILLINOIS 60062-7154

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
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
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
Employee Stock Option (Right to Buy)$124.2605/07/2026G10,46102/19/202302/19/2030Common Stock10,461$069,776IBy TJW Options LLC 2020 Series Middle Third(1)
Employee Stock Option (Right to Buy)$124.2605/07/2026G10,46102/19/202302/19/2030Common Stock10,461$080,237IBy TJW Options LLC 2020 Series Middle Third(1)
Employee Stock Option (Right to Buy)$124.2602/19/202302/19/2030Common Stock80,23680,236IBy TJW Options LLC 2020 Series First Third
Employee Stock Option (Right to Buy)$124.2602/19/202302/19/2030Common Stock80,23780,237IBy TJW Options LLC 2020 Series Last Third
Employee Stock Option (Right to Buy)$124.2602/19/202302/19/2030Common Stock00D
Employee Stock Option (Right to Buy)$92.4605/07/2026G60,69202/08/202202/08/2029Common Stock60,692$029,224IBy TJW Options LLC 2019 Series Last Third(2)
Employee Stock Option (Right to Buy)$92.4605/07/2026G60,69202/08/202202/08/2029Common Stock60,692$089,916IBy TJW Options LLC 2019 Series Last Third(2)
Employee Stock Option (Right to Buy)$92.4602/08/202202/08/2029Common Stock89,91589,915IBy TJW Options LLC 2019 Series First Third
Employee Stock Option (Right to Buy)$92.4602/08/202202/08/2029Common Stock89,91589,915IBy TJW Options LLC 2019 Series Middle Third
Employee Stock Option (Right to Buy)$92.4602/08/202202/08/2029Common Stock00D
Explanation of Responses:
1. On May 7, 2026, the Thomas J. Wilson 2024-A GRAT Trust assigned 13.038% of the membership interests in TJW Options LLC 2020 Series Middle Third to the Thomas J. Wilson 2024 GRAT Remainder Trust.
2. On May 7, 2026, the Thomas J. Wilson 2024-A GRAT Trust assigned 67.50% of the membership interests in TJW Options LLC 2019 Series Last Third to the Thomas J. Wilson 2024 GRAT Remainder Trust.
/s/ Thomas J. Wilson05/11/2026
** 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 did Allstate (ALL) disclose in Thomas J. Wilson's latest Form 4?

Allstate disclosed that entities associated with CEO Thomas J. Wilson made bona fide gifts of stock options. On May 7, 2026, several trusts and TJW Options LLC series transferred employee stock options tied to Allstate common shares as part of non-market, estate-planning style transactions.

How many Allstate option shares were transferred as gifts in this Form 4?

The filing reports bona fide gifts covering 142,306 underlying shares of Allstate common stock. These gifts are spread across four derivative transactions, including transfers of 60,692 and 10,461 underlying shares in specific TJW Options LLC 2019 and 2020 option series entities.

Were any Allstate (ALL) shares bought or sold on the market in this Form 4?

No open-market buys or sells are shown; the transactions are coded as bona fide gifts. The Form 4 uses transaction code G for derivative entries, indicating non-cash, gift transfers of employee stock options rather than market purchases or sales of Allstate common stock.

What are the exercise prices and expirations of the options in Thomas J. Wilson's filing?

The reported employee stock options have exercise prices of $92.46 and $124.26 per share. These options on Allstate common stock carry expiration dates of February 8, 2029, and February 19, 2030, reflecting long-dated equity incentives held through various TJW Options LLC series.

How do GRAT trusts feature in Allstate CEO Thomas J. Wilson's Form 4?

The footnotes describe assignments of membership interests from a 2024-A GRAT Trust to a 2024 GRAT Remainder Trust. On May 7, 2026, these GRAT structures reassigned interests in TJW Options LLC 2019 and 2020 series, effectively shifting indirect ownership of certain Allstate-related option positions.

Does Thomas J. Wilson still hold Allstate options after these reported gifts?

Yes, the filing shows remaining indirect option positions after the gifts. For example, one TJW Options LLC 2019 series entry reports 89,916 underlying shares remaining, while a 2020 series entry lists 69,776 underlying shares, indicating continuing indirect exposure to Allstate equity incentives.