Form 4: Allstate Corp Executive John E. Dugenske Reports Stock Transactions
SEC Form 4 Filing
John E. Dugenske, Pres, Invest. & Corp. Strategy at Allstate Corp, reports the conversion of restricted stock units and subsequent stock transactions.
Summary
- On February 21, 2025, John E. Dugenske converted 1,557 Restricted Stock Units (RSUs) into common stock.
- Following the conversion, 690 shares were disposed of at a price of $185.66.
- After these transactions, Dugenske directly owns 32,996 shares of common stock and indirectly owns 332 shares through a 401(k) plan.
- He also holds 3,116 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Future Outlook
The remaining RSUs will convert on February 21, 2026 and February 21, 2027.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Conversion of 1,557 Restricted Stock Units into common stock and disposition of 690 shares. |
| 02/21/2026 | Date of next RSU conversion. |
| 02/21/2027 | Date of final RSU conversion. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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