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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,508 | $0.00 | -- |
| Exercise | Common Stock | 1,508 | $0.00 | -- |
| Tax Withholding | Common Stock | 669 | $206.37 | $138K |
| Grant/Award | Employee Stock Option (Right to Buy) | 14,520 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,543 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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. 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. 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.