Crawford Kermit R 4
Research Summary
AI-generated summary
Allstate (ALL) Director Kermit R. Crawford Receives 917 RSU Award
What Happened
- Kermit R. Crawford, a director of Allstate Corporation (ALL), was granted 917 restricted stock units (RSUs) on 2026-06-01.
- The RSUs were awarded at $0.00 (no cash paid) and are derivative awards that represent the right to receive one share of Allstate common stock per RSU under the company’s 2017 Equity Compensation Plan for Non-Employee Directors.
- This is an award/compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-02 (timely).
- Award: 917 RSUs; grant price reported as $0.00.
- Shares owned after transaction: the filing does not state a post-transaction total of common shares beneficially owned.
- Plan/footnote: RSUs issued under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. Per the footnote, each RSU converts to one share the day after the reporting person’s Board service ends (or the day after death/disability).
- No 10b5-1 plan, tax-withholding sale, or immediate sale of underlying shares is indicated.
Context
- RSU grants to non-employee directors are common as deferred compensation and do not represent an immediate purchase of stock; the award converts to shares only upon the director’s service termination (or earlier in specific cases noted).
- Because this is a standard director award with no cash exchanged and no immediate share sale, it should be viewed as routine compensation rather than a direct market-value signal.