Form 4: Allstate Director Acquires Stock in Lieu of Compensation

Allstate Corp. director Jacques P. Perold acquired 174 shares of common stock on July 1, 2026, valued at $243.12 per share, as part of his compensation plan.

Summary

• Jacques P. Perold, a Director at The Allstate Corporation (ALL), acquired 174 shares of common stock on July 1, 2026.
• The acquisition was made under an election to receive stock in lieu of cash compensation, as per The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors.
• The transaction price was $243.12 per share, totaling an acquisition value of approximately $42,546.48.
• Following this transaction, Mr. Perold beneficially owns 2,189 shares of common stock, with 35 shares held indirectly through a trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation transaction for a director and does not provide new financial performance data or strategic shifts.

Positives

• Director compensation is being aligned with shareholder interests through stock awards.
• The company has a structured equity compensation plan for non-employee directors, indicating a commitment to retaining experienced board members.
• The acquisition of shares by a director can be seen as a positive signal of confidence in the company's future performance.

Negatives

• The filing does not contain any negative information regarding financial performance or operational issues.

Risks

• The value of the acquired shares is subject to market fluctuations and the company's future stock performance.
• Potential conflicts of interest could arise if compensation structures are not carefully managed, though this filing indicates a standard practice.

Future Outlook

This filing is a routine disclosure of a director's stock acquisition and does not contain specific forward-looking statements or guidance regarding the company's future financial performance.

Industry Context

StockSavvy.ai notes that the use of stock awards for director compensation is a common practice across the insurance and financial services industry, aligning executive and director interests with those of shareholders and incentivizing long-term value creation.

Comparison to Industry Standards

• The Allstate Corporation's practice of compensating non-employee directors with stock aligns with industry standards observed in major insurance companies like Progressive (PGR) and Travelers (TRV), where equity-based compensation is prevalent to foster alignment with shareholder value.
• The reported acquisition price of $243.12 per share for Allstate (ALL) would need to be compared against the prevailing market price of ALL stock on July 1, 2026, to assess if it reflects a premium or discount relative to market value, a common practice in director compensation packages.

Corporate Governance

Related Party Transactions

• The acquisition of stock by Director Jacques P. Perold in lieu of cash compensation is a related party transaction, executed under the terms of the company's equity compensation plan for non-employee directors.

Stakeholder Impact

• Shareholders: The transaction aligns director compensation with shareholder interests, potentially fostering better governance and long-term value creation.
• Employees: No direct impact on employees is indicated by this filing.
• Management: Reinforces the company's compensation structure for its board of directors.

Next Steps

• Continued adherence to The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors for future compensation.
• Ongoing monitoring of Mr. Perold's beneficial ownership of Allstate Corp. stock.

Key Dates

Keywords

Allstate Corp, ALL, Form 4, SEC Filing, Director Compensation, Stock Acquisition, Equity Compensation Plan, Beneficial Ownership, Insider Trading