Ferren Eric K 4

What Happened

• Eric K. Ferren, SVP, Controller and CAO of Allstate Corporation, had 221 Restricted Stock Units (RSUs) convert into 221 common shares on Feb 24, 2026. Of those, 77 shares were surrendered to cover tax withholding (reported as disposed) at an attributed price of $209.82 per share ($16,156 total), leaving a net 144 shares retained. The RSU-to-share conversion is reported as a derivative conversion (code M) and the share surrender for taxes is reported under code F.

Key Details

• Transaction date: 2026-02-24; Form filed: 2026-02-26 (appears timely).
• Converted shares: 221 RSUs → 221 common shares (no cash paid).
• Tax withholding: 77 shares withheld at $209.82/share = $16,156 (reported as disposed).
• Net shares retained from this conversion: 144 shares (221 − 77).
• Footnote: Conversion occurred under The Allstate Corporation 2019 Equity Incentive Plan; remaining RSUs will convert on Feb 24, 2027 and Feb 24, 2028.
• Shares owned after the transaction: not specified in the summary data.

Context

• This was a routine RSU vesting/conversion and tax-withholding event, not an open-market buy or sell by the insider. Code M denotes conversion/exercise of a derivative (here, RSUs converting to common shares); code F indicates shares were surrendered to satisfy tax withholding. Such withholding is common and typically reflects compensation vesting rather than a signal about the insider’s view of the stock.