WILSON THOMAS J 4
Research Summary
AI-generated summary
Allstate (ALL) CEO Thomas J. Wilson Sells 16,807 Shares (~$3.51M)
What Happened
Thomas J. Wilson, Chairman, President & CEO of Allstate Corporation, sold a total of 16,807 ALL shares on March 16, 2026 in three open-market transactions. The tranches reported were: 2,139 shares for $444,165; 5,348 shares for $1,114,465; and 9,320 shares for $1,952,308, for combined proceeds of $3,510,938 (average price roughly $208.9/share). These were disposals (sales), not purchases.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 17, 2026 (timely filing).
- Reported prices: weighted averages per tranche; actual prices ranged approximately $207.11 to $209.93 across the sales (see footnotes for tranche ranges).
- Total shares sold: 16,807; total proceeds: $3,510,938.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Notable footnote: Sales were executed pursuant to a Rule 10b5-1 trading plan adopted June 27, 2025 (prearranged trading plan). The filing notes weighted-average prices and offers to provide per-share sale details on request.
Context
A Rule 10b5-1 plan is a preapproved trading arrangement that allows insiders to sell (or buy) shares on a scheduled basis and is commonly used to avoid trading on material nonpublic information. Sales under such plans are generally considered routine dispositions and do not, by themselves, indicate the insider’s current view of the company.