ALLSTATE CORP·4

Feb 23, 5:26 PM ET

Prindiville Mark Q 4

Research Summary

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Allstate (ALL) EVP Mark Prindiville Converts RSUs, Surrenders Shares for Taxes

What Happened

  • Mark Q. Prindiville, EVP & Chief Risk Officer of Allstate (ALL), had previously awarded restricted stock units (RSUs) convert into shares and received new RSU awards. On Feb 21, 2026 he had 571 derivative units convert into 571 common shares; 240 shares were surrendered to cover tax withholding, valued at $206.37 each for a total of $49,529. On Feb 19, 2026 he was granted RSUs totaling 6,021 units (4,840 + 1,181 RSUs) that will convert to shares in future installments per the award terms. No cash was paid for the RSU conversions.

Key Details

  • Transaction dates: RSU grants on 2026-02-19; conversions/settlements and tax withholding on 2026-02-21. Filing date: 2026-02-23.
  • Specifics: 571 derivative units converted to 571 common shares (code M). 240 shares were surrendered to cover taxes at $206.37 each = $49,529 (code F). New RSU awards: 4,840 and 1,181 RSUs (total 6,021) granted on 2026-02-19 (code A).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 — conversion of previously awarded RSUs into equal number of common shares; remaining RSUs convert on Feb 21, 2027. F3 — RSUs granted 2/19/2026 convert in three equal increments on 2/19/2027, 2/19/2028, and 2/19/2029. F2 describes a separate option vesting schedule (three increments in 2027–2029) as provided in the award agreement.
  • Filing timeliness: Report filed Feb 23, 2026; transactions occurred Feb 19–21, 2026 (no late-filing flag in the provided data).

Context

  • These transactions are routine RSU conversions and tax withholding (uses of shares to satisfy tax obligations), not an open-market buy or sale for investment exposure. The surrender of 240 shares to cover taxes is a common administrative action following RSU settlement. The new RSU grants (6,021 total) will vest/convert in future tranches per the award terms, so they represent future potential share issuance rather than an immediate purchase.