Form 4: Allstate Corp Executive John E. Dugenske Reports Sale of Common Stock
SEC Form 4 Filing
John E. Dugenske, Pres, Invest. & Corp. Strategy at Allstate Corp, reported the sale of common stock on September 20, 2024.
Summary
- On September 20, 2024, John E. Dugenske, the President, Invest. & Corp. Strategy of Allstate Corp, sold shares of common stock.
- The sales were executed in multiple transactions at weighted average prices of $190.7706, $191.6793, and $192.4557.
- A total of 36,367 shares were sold in these transactions.
- Dugenske also reported a gift of 530 shares.
- Following the reported transactions, Dugenske directly owns 26,834 shares of Allstate Corp common stock and indirectly owns 330 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of stock sale transactions and gift of shares. |
| 09/24/2024 | Date of report filing. |
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