Form 4: Allstate Executive Mark Q. Prindiville Reports Stock Transactions

Mark Q. Prindiville, EVP & Chief Risk Officer AIC of Allstate Corp, reports the conversion of restricted stock units and a disposition of shares to cover tax obligations.

Summary

• On February 21, 2025, Mark Q. Prindiville converted 570 Restricted Stock Units (RSUs) into 570 shares of Allstate common stock.
• Also on February 21, 2025, Prindiville disposed of 154 shares of common stock at a price of $185.66 per share.
• These transactions resulted in Prindiville owning 22,274 shares of Allstate common stock directly and 1,142 Restricted Stock Units.
• The remaining RSUs will convert on February 21, 2026 and February 21, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The remaining RSUs will convert on February 21, 2026 and February 21, 2027.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common practice among publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Allstate, similar to filings made by executives at comparable firms such as State Farm, Progressive, and Geico.
• The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934, ensuring consistent disclosure across the industry.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
• The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates