Form 4: Allstate Director Gifts 2,000 Common Shares, Ending Direct Ownership

Allstate Corporation Director Andrea Redmond reported the disposition of 2,000 shares of common stock via gift on May 22, 2020, resulting in zero direct beneficial ownership.

Summary

• Andrea Redmond, a Director of The Allstate Corporation (ALL), disposed of 2,000 shares of Common Stock.
• The transaction occurred on May 22, 2020.
• The disposition was a gift, indicated by a transaction price of $0 and transaction code 'G'.
• Following this transaction, Andrea Redmond's direct beneficial ownership of Common Stock is 0 shares.
• This 0 balance is noted as being effective as of July 15, 2025.

Sentiment

Score: 5

Explanation: A Form 4 reporting a gift of shares is a factual disclosure of an insider transaction. It is not inherently positive or negative for the company's operational performance, though a reduction in insider ownership can be viewed with slight neutrality.

Negatives

• The disposition of shares by a director, even as a gift, reduces insider ownership, which can sometimes be perceived neutrally to slightly negatively by investors.

Future Outlook

The document indicates that Andrea Redmond's direct beneficial ownership of Common Stock is 0 shares, with this balance noted as being effective as of July 15, 2025.

Industry Context

This filing is a standard insider transaction disclosure for a publicly traded company in the insurance sector and does not provide broader industry trends or competitive insights.

Related Party Transactions

• The disposition of shares by a director (Andrea Redmond) to an undisclosed recipient constitutes a related party transaction.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, which is generally neutral to slightly negative, but the impact is minimal given the small number of shares relative to the company's total outstanding shares.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

Allstate Corporation, ALL, SEC Form 4, Insider Transaction, Stock Disposition, Director, Andrea Redmond, Common Stock, Gift