Gupta Suren 4

What Happened

• Suren Gupta, President, Enterprise Solutions at Allstate, converted previously awarded restricted stock units (RSUs) into 942 common shares on Feb 21, 2026. No cash was paid for the conversion (shares issued at $0.00).
• To cover tax withholding related to the RSU conversion, 396 of those shares were surrendered/withheld at a reported value of $206.37 per share, totaling $81,723. The net new shares received by Gupta from this conversion were 546 shares (942 converted − 396 withheld).

Key Details

• Transaction date: 2026-02-21; Form 4 filed: 2026-02-23 (timely filing).
• Conversion: 942 shares acquired via RSU conversion (reported as derivative exercise/conversion, code M) at $0.00.
• Tax withholding: 396 shares disposed to satisfy tax liability (code F) at $206.37/share, total $81,723.
• Net shares retained from this vesting: 546 shares.
• Footnote: The filing states these were RSUs converting under The Allstate Corporation 2019 Equity Incentive Plan; remaining RSUs for this grant will convert on Feb 21, 2027.
• Filing timeliness: Not marked late.

Context

• This was an RSU vesting and standard tax-withholding transaction (shares withheld to cover taxes), not an open-market buy or sale. Such conversions are routine compensation events and do not by themselves indicate a bullish or bearish signal from the insider.
• Codes: M indicates exercise/conversion of a derivative (here, RSUs converting to common stock); F indicates payment of exercise price or tax liability (share withholding).