Form 4: Director Richard T. Hume Executes Allstate Equity Award

Allstate Corporation Director Richard T. Hume acquired 1,603 shares through RSU conversion and was granted 917 new RSUs.

Summary

• Director Richard T. Hume 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 5,512 shares of Allstate common stock directly.
• An additional grant of 917 RSUs was awarded to the director on the same date.

Sentiment

Score: 5

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

Positives

• Director maintains a direct equity stake of 5,512 shares, aligning interests with shareholders.
• The transaction reflects standard equity compensation practices for non-employee directors.

Negatives

• None identified; this is a routine disclosure of director compensation.

Risks

• None identified; this is a routine disclosure of director compensation.

Future Outlook

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

Industry Context

StockSavvy.ai notes that this filing represents standard corporate governance and director compensation activity within the insurance sector, showing no deviation from typical executive equity management.

Comparison to Industry Standards

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

Stakeholder Impact

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

Next Steps

• The director will hold the 917 newly granted RSUs until the vesting conditions are met.

Key Dates

Keywords

Allstate, Form 4, Director Compensation, Equity Incentive Plan, Insider Transaction