Form 4: Allstate CEO Thomas J. Wilson Sells Shares Under 10b5-1 Trading Plan

Allstate's Chairman, President & CEO, Thomas J. Wilson, executed multiple sales of common stock on April 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Thomas J. Wilson, the Chairman, President, and CEO of Allstate Corporation, reported the sale of Allstate common stock on April 21, 2025.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 22, 2024.
• The transactions involved multiple sales at varying weighted average prices, ranging from $187.8231 to $192.8349 per share.
• A total of 31,499 shares were sold on April 21, 2025.
• Following the reported transactions, Wilson continues to beneficially own shares directly and indirectly through various entities, including TJW Options LLC 2014 Series, 2023-B GRAT, 2024-C GRAT, 2025-A GRAT, 401(k) Plan, and 2020 GRAT Remainder Trust.
• Wilson also acquired 16,167 shares through the Shareowner Service Plus Plan between January 3, 2025 and April 2, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions were part of a pre-planned trading strategy. It doesn't necessarily reflect a positive or negative view of the company's future.

Industry Context

Insider trading activity is closely monitored and can influence investor sentiment. Sales by top executives are often scrutinized for insights into the company's prospects, although pre-planned sales under Rule 10b5-1 are common and may not necessarily indicate a negative outlook.

Stakeholder Impact

• Shareholders may react to the news of the CEO's stock sales, although the pre-planned nature of the transactions may mitigate any negative impact.
• The company's reputation could be affected depending on how the market interprets the insider trading activity.

Key Dates

Keywords

Allstate, Thomas J. Wilson, insider trading, Form 4, Rule 10b5-1, stock sale, beneficial ownership, Chairman, CEO