ALL insider report: Thomas J. Wilson reassigns TJW Options LLC interests between trusts
Rhea-AI Filing Summary
Thomas J. Wilson, Chairman, President & CEO of The Allstate Corporation (ALL), reported changes in indirect holdings of company stock options on August 22, 2025. The filing shows assignments among related trusts: the Thomas J. Wilson 2023-A GRAT Trust transferred 100% of membership interests in TJW Options LLC 2018 Series Last Third to the Thomas J. Wilson 2020 GRAT Remainder Trust and transferred 10.654% of membership interests in TJW Options LLC 2019 Series Middle Third to the same remainder trust. The Form 4 lists multiple employee stock options with exercise prices of $92.80 and $92.46, underlying common stock amounts shown at 75,802, 89,915, and other tranche balances. Some tranches show dispositions to zero while others remain indirectly owned by TJW Options LLC.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider reassignment of option-holding LLC interests between family trusts, leaving substantial indirect option positions intact.
The filing documents intra-family trust transfers that reallocate membership interests in entities holding Allstate employee stock options. Key figures include a full assignment of the 2018 Series Last Third and a 10.654% assignment of the 2019 Series Middle Third, both dated August 22, 2025. Multiple option tranches remain listed with exercise prices at $92.80 and $92.46 and underlying share counts such as 75,802 and 89,915. From an investor lens, this is an ownership-structure and estate-planning action rather than an outright sale of shares, and the options largely remain under indirect control of entities associated with Mr. Wilson.
TL;DR: The report reflects estate-planning transfers of option-holding LLC interests, raising no immediate governance alarm but worth noting for insider ownership tracking.
The Form 4 shows documented assignments among related trusts for membership interests in TJW Options LLC series holdings. These movements are properly disclosed and signed by an attorney-in-fact, indicating procedural compliance. Materiality is limited: the transactions change beneficial ownership structure but do not evidence open-market dispositions of underlying common stock. Investors should record the updated indirect ownership allocations when assessing insider concentration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Employee Stock Option (Right to Buy) | 75,802 | $0.00 | -- |
| Gift | Employee Stock Option (Right to Buy) | 75,802 | $0.00 | -- |
| Gift | Employee Stock Option (Right to Buy) | 9,580 | $0.00 | -- |
| Gift | Employee Stock Option (Right to Buy) | 9,580 | $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) | -- | -- | -- |
Footnotes (1)
- On August 22, 2025, the Thomas J. Wilson 2023-A GRAT Trust assigned 100% of the membership interests in TJW Options LLC 2018 Series Last Third to the Thomas J. Wilson 2020 GRAT Remainder Trust. On August 22, 2025, the Thomas J. Wilson 2023-A GRAT Trust assigned 10.654% of the membership interests in TJW Options LLC 2019 Series Middle Third to the Thomas J. Wilson 2020 GRAT Remainder Trust.