Rizzo Mario 4

What Happened
Mario Rizzo, Chief Operating Officer of Allstate Corp (ALL), had 19,588 shares issued on conversion of a 2023 performance stock award (code A, acquired at $0.00). To satisfy tax withholding obligations on that award, 7,975 shares were withheld/disposed (code F) at a reported value of $207.51 per share, totaling $1,654,892. The award was granted under The Allstate Corporation 2019 Equity Incentive Plan.

Key Details

• Transaction date: 2026-02-13. Filing date: 2026-02-18 (appears to be filed 5 days after the transaction).
• Award: 19,588 shares issued upon conversion of a 2023 performance stock award (acquired at $0.00).
• Tax withholding: 7,975 shares withheld/disposed at $207.51 each for $1,654,892 (shares withheld to satisfy tax obligations).
• Footnotes: F1 = conversion of 2023 performance stock award under the 2019 Equity Incentive Plan; F2 = shares withheld to satisfy tax withholding.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing timeliness: filing date is later than the transaction date by five days; this may be considered late under Form 4 reporting rules.

Context
This was a conversion/settlement of a performance stock award with a portion of shares withheld for taxes (a routine, administrative disposition), not an open-market sale. Tax-withholding dispositions (code F) are common and do not necessarily signal the insider is selling shares for investment reasons. If a Form 4 is filed late, it’s typically an administrative compliance issue rather than an indicator of trading intent.