Prindiville Mark Q 4

What Happened

• Mark Q. Prindiville, EVP & Chief Risk Officer (AIC) of Allstate Corporation (ALL), had 402 restricted stock units (RSUs) convert into 402 common shares on February 24, 2026.
• As part of the vesting conversion, 169 shares were withheld to satisfy tax withholding at a reported per-share value of $209.82, totaling $35,460. The RSU conversion itself required no cash payment by Prindiville.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (filed within the typical 2‑business‑day window).
• Actions reported: M = exercise/conversion of derivative (402 RSUs → 402 shares); F = payment of tax liability via withholding (169 shares disposed at $209.82 each, $35,460).
• Net shares received on this conversion: 402 converted less 169 withheld = 233 shares retained (based on the reported conversion and withholding).
• Footnote: Conversion was pursuant to The Allstate Corporation 2019 Equity Incentive Plan; remaining RSUs for this award will convert on Feb 24, 2027 and Feb 24, 2028.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was not a market purchase or discretionary sale; it was an RSU vesting event with the common, routine step of withholding shares to cover taxes. Such withholding (transaction code F) is administrative and does not necessarily signal a change in the insider's view of the company.
• For derivative-code transactions (M), the filing indicates conversion of RSUs into stock rather than an option exercise requiring cash.