Form 4: Allstate Corp Executive Exercises and Disposes of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Christine M. DeBiase, EVP, CLO and General Counsel of Allstate Corp, reports the conversion and disposal of restricted stock units into common stock.

Summary

  • On February 21, 2025, Christine M. DeBiase, EVP, CLO and General Counsel of Allstate Corp, converted 904 Restricted Stock Units (RSUs) into 904 shares of common stock.
  • The conversion was executed under The Allstate Corporation 2019 Equity Incentive Plan.
  • Following the conversion, Ms. DeBiase disposed of 304 shares of common stock at a price of $185.66 per share.
  • After these transactions, Ms. DeBiase directly owns 3,724.904 shares of Allstate Corp common stock and 1,810 Restricted Stock Units.
  • The remaining RSUs will convert on February 21, 2026 and February 21, 2027.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of stock transactions.

Future Outlook

The remaining RSUs held by Ms. DeBiase will convert into common stock on February 21, 2026, and February 21, 2027.

Industry Context

This is a routine disclosure of executive stock transactions, common in publicly traded companies to provide transparency regarding insider activity.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
02/21/2025Conversion of 904 Restricted Stock Units into common stock and disposal of 304 shares.
02/21/2026Next conversion date for remaining Restricted Stock Units.
02/21/2027Final conversion date for remaining Restricted Stock Units.
02/25/2025Date of Form 4 signature.

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