Perold Jacques P 4

What Happened

• Jacques P. Perold, a director of The Allstate Corporation (ALL), had 1,603 previously awarded restricted stock units (RSUs) convert into an equal number of common shares on 2026-06-01 and was also granted 917 new RSUs the same day. Both the conversion and the grant were recorded at $0.00 — no cash was paid or received.
• These entries are recorded as a conversion/exercise of a derivative (code M) for the 1,603 RSUs and a grant/award (code A) for the 917 RSUs.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (filed the next business day).
• Prices and values: all reported at $0.00 (conversion of RSUs into shares and a new RSU award — not a cash sale or purchase).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: The 1,603-share entry reflects conversion of previously awarded RSUs into common shares without payment under the 2017 Equity Compensation Plan for Non-Employee Directors.
  • F2: The 917 RSUs are subject to plan terms and convert to one share each upon the earlier of (i) the third anniversary of grant, (ii) the day after board service terminates if elected deferred, or (iii) death/disability.

Context

• These are routine director equity events (vesting/conversion and a new RSU grant) and are not open-market purchases or sales — they do not directly indicate buying or selling sentiment.
• For retail investors: conversions of RSUs increase outstanding shares held by the director (no cash flow). New RSUs vest per the plan schedule and will convert to shares later under the conditions above.