Form 4: Allstate Executive Vice President Elizabeth Brady Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Elizabeth Brady, Executive Vice President at Allstate, reports acquisition and disposal of company stock related to a performance stock award.

Summary

  • Elizabeth Brady, an Executive Vice President at Allstate Corporation, filed a Form 4 detailing changes in her beneficial ownership of Allstate stock.
  • On February 14, 2025, she acquired 3,526 shares of common stock upon conversion of a 2022 performance stock award at $0 per share.
  • On the same day, she disposed of 1,063 shares to satisfy tax withholding obligations at a price of $187.63 per share.
  • Following these transactions, Brady directly owns 21,626 shares of Allstate common stock and indirectly owns 199 shares through a 401(k) plan.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates

DateDescription
2024-12-06Date of Power of Attorney execution.
2025-02-14Date of stock acquisition and disposal.
2025-02-19Date of signature for the Form 4 filing.

Keywords

Form 4, Allstate, Elizabeth Brady, Stock Transaction, Beneficial Ownership, Executive Compensation, Equity Incentive Plan

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