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

Sentiment:

SEC Form 4 Filing


Elizabeth Brady, Executive Vice President at Allstate, reports the conversion of restricted stock units and disposition of shares to cover tax obligations.

Summary

  • On February 21, 2025, Elizabeth Brady, an Executive Vice President at Allstate Corporation, converted 662 Restricted Stock Units (RSUs) into common stock.
  • These RSUs were converted under The Allstate Corporation 2019 Equity Incentive Plan.
  • Brady also disposed of 278 shares of common stock at a price of $185.66 to satisfy tax obligations.
  • Following these transactions, Brady directly owns 22,010 shares of Allstate common stock and indirectly owns 199 shares through a 401(k) plan.
  • She also holds 1,325 Restricted Stock Units that will convert on February 21, 2026 and February 21, 2027.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Future Outlook

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

Industry Context

This 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 trading activities of company insiders.

Stakeholder Impact

  • The transactions have a minimal impact on stakeholders, as they represent a small fraction of the total outstanding shares.

Key Dates

DateDescription
02/21/2025Conversion of 662 Restricted Stock Units into common stock and disposition of shares for tax obligations.
02/21/2026Date of next RSU conversion.
02/21/2027Date of final RSU conversion.
02/25/2025Date of Form 4 signature.

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