Form 4: Allstate Corp Executive Pintozzi Sells 4,000 Shares
SEC Form 4 Filing
John C. Pintozzi, SVP, Controller, and CAO of Allstate Corp, sold 4,000 shares of common stock on February 27, 2024, at a price of $159.47 per share.
Summary
- John C. Pintozzi, a Senior Vice President, Controller, and CAO at Allstate Corp, reported a transaction involving the company's common stock.
- On February 27, 2024, Pintozzi sold 4,000 shares of Allstate common stock at a price of $159.47 per share.
- Following the transaction, Pintozzi directly owns 10,736 shares of Allstate common stock.
- Additionally, Pintozzi indirectly owns 2,198 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing, indicating an insider stock transaction. It doesn't inherently suggest positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Sale of 4,000 shares of Allstate common stock. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.