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ALLSTATE CORP·4

Feb 18, 4:27 PM ET

WILSON THOMAS J 4

Research Summary

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Updated

Allstate (ALL) CEO Thomas J. Wilson Receives Award, Sells Shares

What Happened

  • Thomas J. Wilson, Chairman, President & CEO of Allstate, had 85,863 shares issued on conversion of a 2023 performance stock award (code A). To cover tax withholding (code F), 37,318 shares were surrendered at $207.51 each for $7,743,858. Separately, he sold 16,807 shares in open-market transactions on Feb 17 (three trades) netting about $3,537,505. Total proceeds/dispositions reported equal approximately $11.28 million. Net from the award: roughly 31,738 shares retained (85,863 issued − 37,318 withheld − 16,807 sold). The filing shows an award plus subsequent routine disposals rather than an outright new buy.

Key Details

  • Transaction dates: award/conversion on 2026-02-13; open-market sales on 2026-02-17; Form 4 filed 2026-02-18.
  • Award: 85,863 shares issued under The Allstate Corporation 2019 Equity Incentive Plan (footnote F1).
  • Tax withholding: 37,318 shares withheld to satisfy tax liability at $207.51 (F2) = $7,743,858.
  • Open-market sales (total 16,807 shares) and proceeds:
    • 8,805 shares @ weighted avg $209.92 = $1,848,317 (actual prices ranged $209.20–$210.19; F3)
    • 4,149 shares @ weighted avg $210.72 = $874,291 (actual prices ranged $210.21–$211.20; F5)
    • 3,853 shares @ weighted avg $211.50 = $814,897 (actual prices ranged $211.205–$212.02; F6)
  • Sales were executed pursuant to a Rule 10b5-1 trading plan adopted June 27, 2025 (F4).
  • Shares owned after the transactions are not specified in the reported data; net retained from this award is ~31,738 shares.
  • The filing discloses weighted-average prices; the reporting person offered to provide per-share price breakdowns upon request (per footnotes).

Context

  • This was a conversion of performance-based equity (not an option exercise) with routine tax withholding and planned open-market sales under a pre-established 10b5-1 plan. Withholding to cover taxes and sales under a trading plan are common and do not, by themselves, indicate executive sentiment. No indication of late filing status is provided in the data shown.