Form 4: Allstate Corp Executive Robert Toohey Sells Shares
SEC Form 4
Robert Toohey, EVP, Chief HR Officer AIC of Allstate Corp, sold 1,717 shares of common stock on February 26, 2024.
Summary
- Robert Toohey, an executive at Allstate Corp, sold shares of the company's common stock on February 26, 2024.
- A total of 385 shares were sold at a price of $159.95 per share.
- An additional 1,332 shares were sold at a price of $159.96 per share.
- Following these transactions, Mr. Toohey directly owns 1,332 shares of Allstate Corp.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an executive, with no inherent positive or negative implications.
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 an executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock sale transactions |
| 02/28/2024 | Date of signature for 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.