WILSON THOMAS J 4
Research Summary
AI-generated summary
Allstate CEO Thomas J. Wilson Sells 16,807 Shares
What Happened
- Thomas J. Wilson, Chairman, President & CEO (and Director) of Allstate Corporation (ALL), sold a total of 16,807 shares in open-market transactions on February 2, 2026, generating about $3,373,323 in proceeds.
- 1,605 shares @ $198.77 = $319,028
- 1,572 shares @ $199.57 = $313,718
- 13,271 shares @ $201.06 = $2,668,235
- 359 shares @ $201.51 = $72,342
- These were sales (S) — not purchases — and therefore reflect dispositions of stock rather than a direct bullish signal from buying.
Key Details
- Transaction date: February 2, 2026; Form 4 filed Feb 4, 2026 (timely filing).
- Aggregate proceeds: ~$3,373,323 for 16,807 shares.
- Reported prices are weighted averages for the reported lots; actual sale prices across the transactions ranged approximately from $198.23 up to $201.655 (per filing footnotes).
- Sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 27, 2025 (prearranged trading plan).
- Shares owned after the transaction are not provided in the summary data supplied here.
Context
- Sales made under a 10b5-1 plan are pre-set and often routine (e.g., for diversification or liquidity) and do not, by themselves, indicate the insider’s current view on company prospects.
- For retail investors, purchases typically provide clearer insider conviction signals than scheduled sales; these filings are mainly useful for tracking insider liquidity and timing.