T. Rowe Price files 13G/A on Allstate with 4.9% ownership

Rhea-AI Filing Summary

Allstate Corp: T. Rowe Price Associates, Inc. filed Amendment No. 1 to Schedule 13G reporting beneficial ownership of 12,972,686 Allstate common shares, equal to 4.9% of the class as of 09/30/2025.

The filer reports sole voting power over 12,431,384 shares and sole dispositive power over 12,965,140 shares, with no shared voting or dispositive power. The filing is made in the capacity of an investment adviser under Rule 13d‑1(b), and certifies the securities were acquired and are held in the ordinary course, not to change or influence control. Item 5 indicates ownership of 5 percent or less of the class.

Insights

Equity ownership & regulatory filings analyst

Institutional holder reports a 4.9% passive stake.

T. Rowe Price Associates filed a Schedule 13G/A as an investment adviser, listing 12,972,686 shares of Allstate (4.9%) as of 09/30/2025. A 13G indicates a passive intent, distinct from activist 13D filings.

The firm reports sole voting power over 12,431,384 shares and sole dispositive power over 12,965,140, with no shared powers. The certification states acquisitions are in the ordinary course and not to influence control.

Item 5 notes ownership of 5% or less. Actual market impact depends on holder activity, but the disclosure itself is administrative and does not alter company operations.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

ALLSTATE CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

020002101

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 020002101

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,431,384.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 12,965,140.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,972,686.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ALLSTATE CORP
(b)	Address of issuer's principal executive offices: 3100 SANDERS ROAD, NORTHBROOK, IL, 60062
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 020002101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 12972686
(b)	Percent of class: 4.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 12431384
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 12965140
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	11/14/2025

FAQ

What stake in ALL did T. Rowe Price report on Schedule 13G/A?

T. Rowe Price Associates reported beneficial ownership of 12,972,686 Allstate common shares, representing 4.9% of the class as of 09/30/2025.

What voting and dispositive powers did T. Rowe Price disclose for ALL?

They reported sole voting power over 12,431,384 shares and sole dispositive power over 12,965,140, with no shared powers.

Under which rule did T. Rowe Price file the ALL ownership report?

It was filed under Rule 13d-1(b) as an investment adviser on a Schedule 13G/A (Amendment No. 1).

Does the filing indicate an activist intent toward ALL?

No. The certification states the securities were acquired and are held in the ordinary course, not to change or influence control.

Did T. Rowe Price report owning 5% or less of ALL?

Yes. Item 5 indicates ownership of 5 percent or less of the class.