Form 4: Director Monica Turner Executes Allstate Equity Transaction

Allstate Corporation Director Monica Turner acquired 1,603 shares through the conversion of restricted stock units and received a new grant of 917 units.

Summary

• Director Monica Turner converted 1,603 restricted stock units (RSUs) into an equal number of Allstate common shares on June 1, 2026.
• The conversion was executed at a price of $0 per share under the 2017 Equity Compensation Plan for Non-Employee Directors.
• Following the transaction, the director holds 2,059 shares of Allstate common stock directly.
• A new grant of 917 RSUs was issued to the director, which will vest based on specific service or time-based conditions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation and ownership.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.
• The transaction reflects standard equity compensation practices for non-employee directors.

Negatives

• None identified.

Risks

• Future vesting of the 917 newly granted RSUs is subject to board service continuity or specific time-based triggers.

Future Outlook

The newly granted 917 RSUs are scheduled to convert into common stock upon the third anniversary of the grant, termination of board service, or death/disability.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director equity compensation, which is standard practice for large-cap insurance companies to ensure board alignment with long-term corporate performance.

Comparison to Industry Standards

• The use of RSU-based compensation for non-employee directors is consistent with governance practices at peer insurance firms like Progressive and Travelers.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event for a director.

Next Steps

• Vesting of the 917 RSUs granted on June 1, 2026, subject to the terms of the 2017 Equity Compensation Plan.

Key Dates

Keywords

Allstate, ALL, Form 4, Insider Trading, Equity Compensation, Director Ownership