Form 4: Allstate CEO Sells Shares Under 10b5-1 Plan

Allstate Corporation's Chairman, President & CEO, Thomas J. Wilson, sold a total of 16,807 shares of common stock on March 16, 2026, through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Thomas J. Wilson, Chairman, President & CEO of The Allstate Corporation (ALL), reported the sale of common stock.
• A total of 16,807 shares were sold in three separate open-market transactions on March 16, 2026.
• The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on June 27, 2025.
• The weighted average sale prices were $207.6507 for 2,139 shares, $208.3891 for 5,348 shares, and $209.4751 for 9,320 shares.
• Actual sale prices ranged from $207.11 to $208.09 for the first block, $208.11 to $209.09 for the second block, and $209.145 to $209.93 for the third block.
• Following these transactions, Mr. Wilson directly beneficially owns 75,725.303 shares of Common Stock.
• Mr. Wilson also indirectly beneficially owns 31,900 shares via a 2024-C GRAT, 69,822 shares via a 2025-A GRAT, 94,729 shares via a 2025-E GRAT, 7,721 shares via a 401(k) Plan, 324,088 shares via a 2020 GRAT Remainder Trust, and 257,535 shares via a Remainder GRAT.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction under a pre-arranged plan, which typically has a neutral impact on market sentiment as it reflects personal financial planning rather than a change in company fundamentals or outlook.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction for personal financial management rather than a reactive decision based on new information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be interpreted by the market as an executive diversifying holdings or taking profits, which some investors might view with caution.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 trading plans are a common and legally compliant method for corporate executives to manage their personal financial portfolios, diversify assets, and fund personal expenses. This practice is standard across various industries, including the insurance sector, and helps mitigate concerns about trading on material non-public information.

Related Party Transactions

• The transactions involve the CEO, Thomas J. Wilson, selling shares of the issuer, The Allstate Corporation.
• Indirect beneficial ownership is held through various GRATs (Grantor Retained Annuity Trusts) and a 401(k) Plan, which are common structures for executive compensation and estate planning.

Stakeholder Impact

• Shareholders may note the insider sale, but the context of a Rule 10b5-1 plan generally suggests a pre-planned personal financial decision rather than a signal about the company's immediate prospects, thus minimizing direct impact.

Key Dates

Recommendation

The filing details a pre-scheduled insider sale by the CEO, which is a common personal financial management activity and does not inherently signal a change in the company's fundamental prospects or management's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this report.

Keywords

Allstate, ALL, insider trading, Form 4, stock sale, CEO, Thomas J. Wilson, 10b5-1 plan