Form 4: Allstate Executive Mario Rizzo Reports Stock Transactions
SEC Form 4 Filing
Mario Rizzo, a PresPersonalProperty-Liability at Allstate Corp, reported the exercise of stock options and subsequent disposal of shares.
Summary
- On May 5, 2025, Mario Rizzo exercised employee stock options to acquire 6,020 shares of Allstate common stock at a price of $92.80.
- Following the exercise, Rizzo disposed of 4,218 shares to cover tax obligations at a price of $200.64.
- On May 6, 2025, Rizzo gifted 1,800 shares.
- After these transactions, Rizzo directly owns 68,704 shares of Allstate common stock and indirectly owns 1,646 shares through a 401(k) plan.
- Rizzo also holds 18,578 employee stock options.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Date Employee Stock Option Exercisable |
| 05/05/2025 | Date of earliest transaction: Exercise of stock options and disposal of shares |
| 05/06/2025 | Date of gift transaction |
| 05/07/2025 | Date of signature |
| 02/22/2028 | Employee Stock Option Expiration Date |
Keywords
Allstate, Stock Options, Form 4, Insider Trading, Beneficial Ownership, Rizzo, ALL
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