ALL insider Prindiville exercises options at $62.32 and sells shares at ~$205–$208
Rhea-AI Filing Summary
Mark Q. Prindiville, Executive Vice President & Chief Risk Officer of The Allstate Corporation (ALL), reported option exercise and multiple open-market sales on 08/22/2025. He exercised employee stock options to acquire 7,383 shares at an exercise price of $62.32 (options granted 02/11/2019, exercisable through 02/11/2026) and immediately sold a series of shares: 3,019 shares at a weighted average of $205.3347, 1,265 shares at $206.8183, 2,984 shares at $207.3099, and 115 shares at $208.2636. Following these transactions, he beneficially owned 22,274 shares directly and 0 shares indirectly, with an additional 0 shares held indirectly through a 401(k) plan noted as 0. The Form 4 was signed by an attorney-in-fact on 08/26/2025.
Positive
- Exercise of options: Reporting person exercised 7,383 employee stock options at $62.32, converting compensation into shares.
- Full disclosure: Form includes weighted average sale prices and explanatory ranges for open-market sales with offer to provide per-price breakdowns on request.
Negative
- Large immediate dispositions: All 7,383 shares acquired via option exercise were sold in the market on the same date, reducing exposure.
- Reduced direct ownership: Post-transaction direct beneficial ownership declined to 22,274 shares.
Insights
TL;DR Insider exercised options and sold portions of newly acquired shares, leaving a reduced direct holding of 22,274 shares.
The reporting person exercised 7,383 employee stock options at $62.32, and executed multiple open-market sales totaling 7,383 shares on 08/22/2025 at weighted average prices between $205.33 and $208.26. The net effect is the conversion of option holdings into cash via market sales while retaining a direct beneficial position of 22,274 shares. These are routine Section 16 transactions reflecting option exercise and disposition; no additional company financial metrics or forward-looking statements are included in the filing.
TL;DR Transactions appear compliant with Section 16 reporting: exercise, immediate sales, and disclosure of weighted average sale prices and remaining ownership.
The Form 4 discloses exercise of employee stock options and contemporaneous open-market sales with explanatory footnotes providing price ranges. The filing identifies the reporting person and relationship to the issuer (EVP & Chief Risk Officer) and reports post-transaction beneficial ownership. There is no indication in this form of trading pursuant to a 10b5-1 plan or any amendments; the form also notes availability of per-price sale breakdowns upon request, supporting disclosure completeness for these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 7,383 | $0.00 | -- |
| Exercise | Common Stock | 7,383 | $62.32 | $460K |
| Sale | Common Stock | 3,019 | $205.3347 | $620K |
| Sale | Common Stock | 1,265 | $206.8183 | $262K |
| Sale | Common Stock | 2,984 | $207.3099 | $619K |
| Sale | Common Stock | 115 | $208.2636 | $24K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects weighted average sale price for open-market sales transaction reported herein. Actual sales prices ranged from $205.015 to $205.965. The reporting person provided to the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sales prices ranged from $206.090 to $207.060. The reporting person provided to the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sales prices ranged from $207.090 to $208.0725. The reporting person provided to the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request. Reflects weighted average sale price for open-market sales transaction reported herein. Actual sales prices ranged from $208.090 to $208.380. The reporting person provided to the issuer, and will provide any security holder of The Allstate Corporation or member of the SEC staff, full information regarding the number of shares sold at each separate price upon request.
