Allstate (ALL) Director Margaret Keane Converts RSUs, Receives 917 Shares

What Happened

• Margaret M. Keane, a director of Allstate Corporation (ALL), had transactions on 2026-06-01 that involve restricted stock units (RSUs)/derivatives. The Form 4 shows an exercise/conversion of 1,603 derivative shares at $0.00, a simultaneous disposition of 1,603 derivative shares at $0.00, and the grant/award acquisition of 917 derivative shares at $0.00. No cash changed hands on the conversions/grants (all reported at $0.00).

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely).
• Reported entries: M (exercise/conversion) — 1,603 shares acquired and 1,603 shares disposed; A (grant/award) — 917 shares acquired.
• Prices reported: $0.00 for all entries (reflecting conversion/grant of RSUs rather than a market purchase).
• Footnotes: F1 explains the conversion of previously awarded RSUs into common shares without payment under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors. F2 summarizes RSU terms (each RSU equals one share, vests on the earlier of 3 years, board service termination, or death/disability).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Filing timeliness: filed within one business day after the transaction date; not indicated as late.

Context

• These are derivative/RSU transactions, not open-market purchases or sales of previously owned stock. The conversion entries reflect RSU vesting/settlement; the matching disposition entry often reflects a simultaneous transfer (commonly for tax withholding or similar administrative settlement), though the filing itself does not state the reason. RSU grants and conversions reported at $0.00 are routine director compensation events and do not necessarily indicate a change in insider sentiment.