Form 4: Allstate Corp Executive Mario Rizzo Reports Stock Transactions
SEC Form 4 Filing
Mario Rizzo, a PresPersonalProperty-Liability at Allstate Corp, reports the conversion of restricted stock units and a disposition of shares to cover tax obligations.
Summary
- On February 21, 2025, Mario Rizzo, a PresPersonalProperty-Liability of Allstate Corp, reported transactions involving Allstate common stock.
- Rizzo converted 1,832 Restricted Stock Units (RSUs) into 1,832 common shares at a price of $0 per share.
- Additionally, Rizzo disposed of 769 common shares at a price of $185.66 per share to satisfy tax obligations.
- Following these transactions, Rizzo directly owns 68,702 shares of Allstate common stock and indirectly owns 1,639 shares through a 401(k) plan.
- Rizzo also directly owns 3,665 Restricted Stock Units (RSUs) that will convert on February 21, 2026 and February 21, 2027.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Future Outlook
The remaining RSUs will convert on February 21, 2026 and February 21, 2027.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of earliest transaction: Conversion of RSUs and disposition of shares for tax obligations. |
| 02/21/2026 | Date of future RSU conversion. |
| 02/21/2027 | Date of future RSU conversion and expiration. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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