Merten Jesse E 4

4 · ALLSTATE CORP · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Allstate (ALL) Pres. Jesse Merten Converts RSUs, Sells Shares

What Happened

Jesse E. Merten, President — Personal Property & Liability at Allstate, had RSU activity and a small share disposition to satisfy tax withholding. On Feb 19, 2026 he received RSU awards (14,520 and 3,543 RSUs). On Feb 21, 2026 a conversion/exercise event resulted in 1,508 shares from previously awarded RSUs being converted to common stock. As part of the tax withholding on that conversion, 669 shares were surrendered/sold at $206.37 each, totaling about $138,062.

Key Details

Transaction dates: Feb 19, 2026 (RSU awards); Feb 21, 2026 (conversion/exercise and tax withholding sale).
Shares and prices reported: 669 shares disposed at $206.37 each = $138,062 (tax withholding). Conversion/exercise entries show 1,508 shares (acquired and reported as derivative conversion at $0.00).
Post-transaction holdings: The Form 4 does not list total shares owned after these transactions in the provided summary.
Footnotes of note:
- F1: Conversion of previously awarded RSUs into common shares; remaining RSUs from that award will convert on Feb 21, 2027.
- F3: The 14,520 and 3,543 RSUs were granted on Feb 19, 2026 and will convert in three equal increments on Feb 19 of 2027, 2028 and 2029.
- F2 describes an option schedule (vests in three annual increments) referenced in the filing.
Filing timeliness: Form filed Feb 23, 2026 covering Feb 19 and Feb 21 transactions — appears timely (filed the next business day after Feb 21).

Context

These entries are mostly awards/conversions and a tax-withholding sale. RSUs convert to actual shares without a cash purchase; companies commonly withhold or sell a portion of shares to cover taxes, which is routine and not necessarily a market sentiment signal.
Transaction codes: A = award/grant, M = exercise/conversion of derivative (RSU/option), F = payment of exercise price or tax withholding (shares surrendered/sold to cover taxes).

Form 4

Period: 2026-02-19

Other

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-21+1,508→ 32,302 total
Tax Payment
Common Stock
2026-02-21$206.37/sh−669$138,062→ 31,633 total
Award
Employee Stock Option (Right to Buy)
[F2]
2026-02-19+14,520→ 14,520 total
Exercise: $203.22Exp: 2036-02-19→ Common Stock (14,520 underlying)
Award
Restricted Stock Units
[F3]
2026-02-19+3,543→ 3,543 total
Exp: 2029-02-19→ Common Stock (3,543 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-21−1,508→ 1,508 total
Exp: 2027-02-21→ Common Stock (1,508 underlying)

Holdings

Footnotes (3)

[F1]Conversion of previously awarded Restricted Stock Units (RSUs) into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2019 Equity Incentive Plan. The remaining RSUs will convert on February 21, 2027.
[F2]Option exercisable in three increments, with one third vesting on February 19, 2027, February 19, 2028, and February 19, 2029, with any fractional shares to be rounded as provided for in award agreement.
[F3]Award of Restricted Stock Units (RSUs) granted on February 19, 2026, under The Allstate Corporation 2019 Equity Incentive Plan. Each RSU represents the right to receive, without payment of any consideration, one share of Allstate common stock on the conversion date, with any fractional RSU to be rounded as provided for in award agreement. The RSUs will convert in three equal increments on February 19, 2027, February 19, 2028, and February 19, 2029.

Signature

/s/ Meghan E. Jauhar, attorney-in-fact for Jesse E. Merten|2026-02-23

1 file