Form 4: Allstate Director Jacques Perold Equity Transaction

Director Jacques P. Perold acquired 1,603 shares of Allstate common stock through the conversion of restricted stock units.

Summary

• Director Jacques P. Perold converted 1,603 restricted stock units (RSUs) into an equal number of Allstate common shares on June 1, 2026.
• The transaction was executed at a price of $0 per share under the 2017 Equity Compensation Plan for Non-Employee Directors.
• Following the transaction, the director holds 2,015 shares directly and 35 shares indirectly via a trust.
• An additional grant of 917 RSUs was awarded to the director on the same date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation and equity ownership, which carries no significant market sentiment.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.

Negatives

• None identified.

Risks

• Future value of RSU grants is subject to the performance and market price of Allstate common stock.

Future Outlook

The newly granted 917 RSUs will convert to common stock upon the third anniversary of the grant, termination of Board service, or death/disability.

Industry Context

StockSavvy.ai notes that director equity compensation via RSU grants is a standard corporate governance practice in the insurance sector to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The use of equity-based compensation for non-employee directors is consistent with standard practices at major insurance firms like Progressive, Travelers, and MetLife.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Conversion of 917 RSUs upon the occurrence of specified vesting events.

Key Dates

Keywords

Allstate, Director, Equity, Form 4, Insider Trading, Restricted Stock Units