Ferren Eric K 4

What Happened Eric K. Ferren, SVP, Controller and Chief Accounting Officer of Allstate Corporation (ALL), received equity awards on February 19, 2026: a grant of 1,750 derivative securities (option award) and an award of 640 Restricted Stock Units (RSUs). The Form 4 reports the acquisition price as $0 for both items (standard for grants); these were awards, not open-market purchases or sales.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (filed within the SEC two-business-day window).
• Awards reported:
  • 1,750-option award (acquisition type A) — reported price $0. (See F1 for vesting.)
  • 640 RSUs (acquisition type A) — reported price $0. (See F2 for vesting/conversion.)
• Vesting/conversion (footnotes):
  • F1: The option vests in three increments — one-third on Feb 19 of 2027, 2028, and 2029 (fractional shares rounded per award agreement).
  • F2: Each RSU converts 1:1 into one share of Allstate common stock and vests/convert in three equal increments on Feb 19 of 2027, 2028, and 2029 (fractional RSUs rounded per award agreement).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Reported on Feb 23, 2026 — within the normal two-business-day reporting window (not late).

Context

• These were equity grants (an option award and RSUs). RSUs convert into common shares at vesting; the option award gives the right to purchase shares per its terms when exercisable.
• Grants are routine compensation for executives and do not themselves indicate buying or selling activity in the open market. They differ from exercises or sales that realize cash or stock movements.