Allstate (ALL) officer reports new option and RSU awards, tax share use

Rhea-AI Filing Summary

Allstate Corporation officer Jesse E. Merten reported multiple equity compensation moves. On February 21, 2026, he converted 1,508 Restricted Stock Units into the same number of Allstate common shares without paying consideration and had 31,633 common shares directly owned afterward. In connection with this vesting, 669 common shares were disposed of at $206.37 per share to cover tax obligations.

On February 19, 2026, he received a grant of an Employee Stock Option for 14,520 shares and an additional 3,543 Restricted Stock Units under The Allstate Corporation 2019 Equity Incentive Plan. The option vests in three equal parts on February 19, 2027, February 19, 2028, and February 19, 2029, while the new RSUs convert into common stock in three equal increments on those same dates. He also indirectly held 7,805 common shares through a 401(k) plan after these transactions.

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

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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^*

Merten Jesse E

(Last) (First) (Middle)

C/O THE ALLSTATE CORPORATION

3100 SANDERS ROAD

(Street)

NORTHBROOK IL 60062

(City) (State) (Zip)

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)
			PresPersonalProperty-Liability

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/21/2026		M		1,508	A	$0(1)	32,302	D
Common Stock	02/21/2026		F		669	D	$206.37	31,633	D
Common Stock								7,805	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)	$203.22	02/19/2026		A		14,520		(2)	02/19/2036	Common Stock	14,520	$0	14,520	D
Restricted Stock Units	(3)	02/19/2026		A		3,543		(3)	02/19/2029	Common Stock	3,543	$0	3,543	D
Restricted Stock Units	(1)	02/21/2026		M			1,508	(1)	02/21/2027	Common Stock	1,508	$0	1,508	D

Explanation of Responses:

1. Conversion of previously awarded Restricted Stock Units (RSUs) into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2019 Equity Incentive Plan. The remaining RSUs will convert on February 21, 2027.

2. Option exercisable in three increments, with one third vesting on February 19, 2027, February 19, 2028, and February 19, 2029, with any fractional shares to be rounded as provided for in award agreement.

3. Award of Restricted Stock Units (RSUs) granted on February 19, 2026, under The Allstate Corporation 2019 Equity Incentive Plan. Each RSU represents the right to receive, without payment of any consideration, one share of Allstate common stock on the conversion date, with any fractional RSU to be rounded as provided for in award agreement. The RSUs will convert in three equal increments on February 19, 2027, February 19, 2028, and February 19, 2029.

	/s/ Meghan E. Jauhar, attorney-in-fact for Jesse E. Merten	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What equity awards did Allstate (ALL) officer Jesse E. Merten receive?

Jesse E. Merten received an employee stock option for 14,520 shares and 3,543 Restricted Stock Units on February 19, 2026. Both awards were granted under The Allstate Corporation 2019 Equity Incentive Plan and are scheduled to vest or convert in three equal annual installments.

How many Allstate (ALL) shares did Jesse E. Merten acquire from RSU conversion?

He acquired 1,508 common shares through conversion of previously awarded Restricted Stock Units on February 21, 2026. These RSUs converted into an equal number of common shares without payment of consideration, reflecting the scheduled vesting under Allstate’s 2019 Equity Incentive Plan.

What was the purpose of the 669 Allstate (ALL) shares disposed of by Jesse E. Merten?

The 669 common shares disposed of at $206.37 per share were used to satisfy tax liability related to equity compensation. This disposition was classified as a tax-withholding transaction rather than an open-market sale, according to the filing’s transaction code and description.

When will Jesse E. Merten’s new Allstate (ALL) stock options vest?

The 14,520-share employee stock option vests in three equal parts on February 19, 2027, February 19, 2028, and February 19, 2029. Any fractional shares from vesting are rounded as provided in the applicable award agreement for the grant.

How do Jesse E. Merten’s new Allstate (ALL) RSUs convert into common stock?

The 3,543 Restricted Stock Units granted on February 19, 2026 each represent the right to receive one common share without consideration. They will convert into common stock in three equal increments on February 19, 2027, February 19, 2028, and February 19, 2029.

How many Allstate (ALL) shares did Jesse E. Merten hold after these transactions?

After the reported transactions, Jesse E. Merten directly owned 31,633 Allstate common shares and indirectly held 7,805 shares through a 401(k) plan. These holdings reflect the impact of RSU conversion, option grant, and tax-withholding share disposition reported in the Form 4.