Form 4: Allstate Director Acquires Stock in Lieu of Compensation
Statement of Changes in Beneficial Ownership
Allstate Corp. director Jacques P. Perold acquired 208 shares of common stock valued at $204.10 per share, electing to receive stock instead of cash compensation.
Summary
- Jacques P. Perold, a Director at The Allstate Corporation (ALL), acquired 208 shares of common stock on April 1, 2026.
- The acquisition was made under a plan where directors can elect to receive stock in lieu of cash compensation, specifically under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors.
- The shares were acquired at a price of $204.10 per share.
- Following this transaction, Mr. Perold beneficially owns 412 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports a routine transaction related to director compensation rather than significant financial performance or strategic shifts.
Positives
- Director compensation plan allows for stock acquisition, aligning director interests with shareholders.
- Acquisition of shares at a specific price indicates a defined value for compensation.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that the use of equity compensation plans for directors is a common practice across the financial services industry to align executive and director interests with those of shareholders, particularly in large, publicly traded corporations like Allstate.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Transaction executed under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors, allowing directors to elect stock in lieu of cash compensation. | 04/01/2026 | Reinforces alignment of director interests with shareholders by increasing direct stock ownership. |
Related Party Transactions
- Acquisition of 208 shares of common stock by Director Jacques P. Perold in lieu of cash compensation, as permitted by the company's equity compensation plan for non-employee directors.
Stakeholder Impact
- Shareholders: Increased alignment of director interests with shareholders due to direct stock ownership.
- Directors: Provides a mechanism for directors to receive compensation in equity, potentially increasing their stake in the company.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction Date for stock acquisition |
| 04/02/2026 | Date of signature for the filing |
Keywords
Allstate Corp, ALL, Form 4, SEC Filing, Director Compensation, Stock Acquisition, Beneficial Ownership, Equity Compensation Plan
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