Form 4: Allstate Director Perry Traquina Acquires Stock

Sentiment:

Statement of Changes in Beneficial Ownership


Allstate Corp. Director Perry M. Traquina reported the acquisition of 202 shares of common stock on April 1, 2026, valued at $204.10 per share, as part of his compensation.

Summary

  • Perry M. Traquina, a Director at The Allstate Corporation (ALL), acquired 202 shares of common stock on April 1, 2026.
  • The acquisition was made in lieu of cash compensation under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors.
  • The shares were acquired at a price of $204.10 per share, totaling an acquisition value of approximately $41,228.20.
  • Following this transaction, Traquina beneficially owns 5,855.379 shares of common stock directly.
  • Additionally, Traquina holds 7,744.368 common share units acquired under the Deferred Compensation Plan for Non-Employee Directors, which represent deferred director's fees and reinvested dividends.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine director compensation and does not provide new financial performance data or strategic insights.

Positives

  • Director Perry M. Traquina received stock as part of his compensation, indicating alignment with shareholder interests.
  • The acquisition of 202 shares at $204.10 per share suggests a belief in the company's valuation.
  • The company has a plan in place to compensate non-employee directors with equity, which can incentivize long-term performance.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding future company performance. It solely reports a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that the use of equity compensation for directors is a common practice across the financial services industry, aimed at aligning director incentives with long-term shareholder value creation. Allstate's approach aligns with this trend.

Comparison to Industry Standards

  • The Allstate Corporation's practice of compensating non-employee directors with stock aligns with industry standards in the insurance and financial services sectors, where equity-based compensation is prevalent.
  • Companies like Progressive Corporation (PGR) and Chubb Limited (CB) also utilize equity awards as a significant component of their non-employee director compensation packages to foster long-term alignment.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Director Compensation PlanAcquisition of stock by Director Perry M. Traquina in lieu of cash compensation under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors.04/01/2026Reinforces alignment between director compensation and company performance.
Deferred Compensation PlanDirector Perry M. Traquina holds common share units acquired under The Allstate Corporation Amended and Restated Deferred Compensation Plan for Non-Employee Directors, representing deferred fees and reinvested dividends.OngoingDemonstrates a mechanism for directors to defer compensation and benefit from stock appreciation and dividend reinvestment.

Related Party Transactions

  • The acquisition of 202 shares by Director Perry M. Traquina is a related party transaction, as it involves compensation to a director.

Stakeholder Impact

  • Shareholders: The transaction reinforces director alignment with shareholder interests through equity ownership.
  • Employees: No direct impact on employees is indicated by this filing.
  • Management: The filing is a routine disclosure related to director compensation, not directly impacting operational management.
  • Creditors: No direct impact on creditors is indicated by this filing.

Key Dates

DateDescription
04/01/2026Transaction Date for stock acquisition and earliest transaction date.
04/02/2026Date of signature for the filing.

Keywords

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

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