ALLSTATE CORP·4

Jun 2, 8:25 PM ET

Brown Donald Eugene 4

Research Summary

AI-generated summary

Updated

Allstate Director Donald E. Brown Receives 917 RSU Award

What Happened

  • Donald E. Brown, a director of Allstate Corporation (ALL), received a grant of 917 restricted stock units (RSUs) on 2026-06-01. The Form 4 reports the grant as an award/derivative acquisition (code A) at $0.00 per unit (reported value $0), meaning these are RSUs that will convert into shares later rather than an immediate purchase of common stock.
  • The RSUs were granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors and are part of director compensation (a routine, non-sale transaction).

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
  • Reported grant: 917 RSUs at $0.00 (derivative award; reported acquisition value $0).
  • Shares owned after transaction: not specified in this filing.
  • Footnote: Each RSU represents the right to one share of Allstate common stock and will convert into common stock upon the earlier of (i) the third anniversary of the grant, (ii) the day after the director's Board service terminates, or (iii) the day after death or disability.

Context

  • RSU grants to non-employee directors are common compensation; they do not represent immediate buys or sales of stock. The reported transaction is not a cash purchase or sale and does not by itself signal buying or selling pressure.
  • Because these are restricted units, the economic interest is realized only when the RSUs convert into shares according to the plan’s vesting/trigger rules.