Form 4: Allstate Director Judith Sprieser Reports Routine Stock Transactions, Including RSU Conversion and Sale

Allstate Corporation Director Judith A. Sprieser reported the conversion of restricted stock units into common shares and a subsequent sale, alongside a new RSU grant, as part of routine compensation and pre-planned transactions.

Summary

• Judith A. Sprieser, a Director of The Allstate Corporation, reported transactions involving the company's common stock and restricted stock units (RSUs).
• On June 1, 2025, Ms. Sprieser converted 1,300 previously awarded Restricted Stock Units into an equal number of common shares at a price of $0, pursuant to The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors.
• Following this conversion, on June 2, 2025, she disposed of 1,300 shares of Allstate common stock at a price of $209.343 per share.
• Also on June 2, 2025, Ms. Sprieser was granted 894 new Restricted Stock Units under the same 2017 Equity Compensation Plan, which will convert into common stock upon the earlier of the third anniversary of the grant date, termination of Board service, or death/disability.
• All reported transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-scheduled.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document reports routine, pre-planned insider transactions (RSU vesting, sale, and new grant) which are typical for director compensation and do not indicate any significant positive or negative operational or financial developments for the company.

Positives

• The grant of 894 new Restricted Stock Units aligns the director's interests with long-term shareholder value.
• The transactions were conducted under a Rule 10b5-1(c) plan, indicating pre-planned and transparent insider trading activity.

Negatives

• The sale of 1,300 common shares by a director, while routine, represents a reduction in direct equity ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale of shares by a director, while routine, slightly reduces direct insider ownership. The new RSU grant aligns director incentives with long-term shareholder value.

Next Steps

• The newly granted 894 Restricted Stock Units will convert into common stock upon the earlier of their third anniversary, termination of Board service, or death/disability of the reporting person.

Key Dates

Keywords

Allstate Corporation, ALL, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Conversion, Stock Sale, Director Compensation, Rule 10b5-1, Judith A. Sprieser