Rizzo Mario 4

4 · ALLSTATE CORP · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Allstate (ALL) COO Mario Rizzo Converts RSUs; Withholds Shares

What Happened

Mario Rizzo, Chief Operating Officer of Allstate (ALL), was granted RSUs on Feb 19, 2026 (16,285 and 3,974 RSUs) and had derivative/RSU conversion activity on Feb 21, 2026. The filing shows conversion/exercise of 1,832 derivative shares and the withholding/disposition of 769 shares to satisfy tax liability (769 shares × $206.37 = $158,699). The grants/conversions were recorded at $0 consideration (typical for RSU conversions/awards).

Key Details

Transaction dates: Feb 19, 2026 (RSU grants); Feb 21, 2026 (conversion/exercise and tax withholding).
Prices: RSU grants and conversions recorded at $0; 769 shares withheld at $206.37 each (total $158,699).
Shares granted on Feb 19: 16,285 RSUs and 3,974 RSUs (total 20,259 RSUs granted).
Shares converted/exercised on Feb 21: 1,832 derivative shares (per Form 4 entries).
Shares owned after transaction: not specified in the provided excerpt of the filing.
Footnotes of note:
- F1: Conversion of previously awarded RSUs into common shares without payment; remaining RSUs to convert on Feb 21, 2027.
- F2: Option vests in three increments (Feb 19, 2027 / 2028 / 2029).
- F3: New RSUs granted Feb 19, 2026 will convert in three equal increments on Feb 19 of 2027, 2028 and 2029.
Filing timing: Form 4 filed Feb 23, 2026 reporting transactions through Feb 21, 2026 (appears timely based on filing date).

Context

These entries are primarily RSU awards and conversions (an acquisition of shares via compensation), not an open-market purchase. The 769-share disposition is a tax-withholding/surrender commonly used to satisfy tax obligations when RSUs convert — routine and not necessarily a bearish signal.
For derivative/option items: where shown as “M” (exercise/conversion) the insider converted awards into shares; where shown as “F” the disposition corresponds to payment of tax/exercise obligations (share withholding).

Form 4

Period: 2026-02-19

Other

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-21+1,832→ 82,259 total
Tax Payment
Common Stock
2026-02-21$206.37/sh−769$158,699→ 81,490 total
Award
Employee Stock Option (Right to Buy)
[F2]
2026-02-19+16,285→ 16,285 total
Exercise: $203.22Exp: 2036-02-19→ Common Stock (16,285 underlying)
Award
Restricted Stock Units
[F3]
2026-02-19+3,974→ 3,974 total
Exp: 2029-02-19→ Common Stock (3,974 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-21−1,832→ 1,833 total
Exp: 2027-02-21→ Common Stock (1,832 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 Mario Rizzo|2026-02-23

1 file