Brady Elizabeth 4

What Happened

• Elizabeth Brady, Executive Vice President (AIC) at Allstate (ALL), had previously awarded restricted stock units (RSUs convert) vest and convert into common shares on 2026-02-24. The filing shows an acquisition (conversion) of 476 shares at $0.00 (RSU conversion).
• To cover tax withholding, 200 of the shares were disposed (withheld) at an implied price of $209.82 per share, yielding $41,964. The filing also lists a related derivative entry (476 shares) tied to the conversion mechanics. These actions reflect a routine RSU vesting event and tax withholding rather than an open-market purchase or sale for investment reasons.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Entries reported: M (exercise/conversion of derivative) — 476 shares acquired @ $0.00; F (payment of exercise price/tax liability) — 200 shares disposed @ $209.82 (total $41,964); an additional M entry (476 shares disposed) relating to the derivative conversion mechanics.
• Footnote: Conversion of previously awarded RSUs into an equal number of common shares under The Allstate Corporation 2019 Equity Incentive Plan. Remaining RSUs will convert on Feb 24, 2027 and Feb 24, 2028.
• Shares owned after the transaction: not specified in the provided excerpt.
• Transaction codes: M = option/derivative exercise or conversion; F = shares withheld/used to pay tax liability.

Context

• This was an RSU vesting and conversion (not a market purchase). Withholding a portion of shares to pay taxes is a common, routine practice and typically does not signal a change in the insider’s view of the stock.
• For retail investors: purchases (buys) often carry more informational weight than routine vesting/conversion events. This filing documents compensation-related shares converting to stock and tax withholding.