Form 4: Allstate CEO Wilson Shifts Shares to GRATs
Insider Ownership Change
Allstate Chairman, President & CEO Thomas J. Wilson reported internal transfers of common stock between various Grantor Retained Annuity Trusts and direct ownership for estate planning purposes.
Summary
- Thomas J. Wilson, Allstate's Chairman, President & CEO, reported changes in beneficial ownership of common stock.
- The transactions, dated December 19, 2025, involve internal transfers between various Grantor Retained Annuity Trusts (GRATs) and direct ownership, executed under a Rule 10b5-1 plan.
- Specifically, 50,134 shares were transferred from the 2023-B GRAT Trust to the 2020 GRAT Remainder Trust.
- An aggregate of 94,729 shares (61,308 from 2023-B GRAT and 33,421 from 2024-C GRAT) were first distributed to direct ownership and subsequently contributed to the 2025-E GRAT Trust.
- These transactions were reported with a price of $0, indicating no cash consideration.
- Following these transactions, Wilson's direct beneficial ownership is 128,005.491 shares, with additional indirect holdings across several GRATs and a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral. The filing reports routine insider share transfers for estate planning purposes, which typically have no direct impact on the company's operational or financial performance.
Future Outlook
The filing does not contain any forward-looking statements regarding the company's financial performance or operational outlook. It solely reports planned insider share transactions.
Industry Context
These transactions are personal estate planning maneuvers by a senior executive and do not directly reflect broader industry trends or competitive dynamics within the insurance sector. The use of Grantor Retained Annuity Trusts (GRATs) is a common estate planning strategy for high-net-worth individuals.
Related Party Transactions
- Transfers of common stock between Thomas J. Wilson's direct ownership and various Grantor Retained Annuity Trusts (GRATs), including the 2023-B GRAT Trust, 2020 GRAT Remainder Trust, 2024-C GRAT Trust, and 2025-E GRAT Trust. These trusts are considered related parties as they are established by and for the benefit of the reporting person.
Stakeholder Impact
- Shareholders: No direct impact on company operations or valuation; reflects personal estate planning by a key executive, which is a common practice for high-net-worth individuals.
- Employees, Customers, Suppliers, Creditors: No discernible impact from these personal share transfers.
Key Dates
| Date | Description |
|---|---|
| 12/19/2025 | Date of reported transactions involving common stock transfers between GRATs and direct ownership. |
| 12/22/2025 | Date the Form 4 was signed by Thomas J. Wilson. |
Keywords
Allstate, ALL, Thomas J. Wilson, SEC Form 4, Insider Trading, Beneficial Ownership, GRAT, Estate Planning, Common Stock, Rule 10b5-1
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