REDMOND ANDREA 4
4 · ALLSTATE CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Allstate (ALL) Director Andrea Redmond Sells 2,225 Shares
What Happened Andrea Redmond, a director of Allstate Corporation (ALL), converted 2,225 previously awarded restricted stock units (RSUs) into common shares and sold those 2,225 shares in an open-market transaction on 2026-06-01 for $202.91 each, generating $451,475 in proceeds. The conversion and the new RSU grant were recorded at no cash cost to Redmond; she also received a new grant of 917 RSUs the same day.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
- Sale: 2,225 shares sold at $202.91 each = $451,475 total.
- Conversion: 2,225 RSUs converted to common shares at $0 cost (footnote F1).
- Grant: 917 RSUs awarded at $0 cost under the 2017 Non-Employee Directors plan (footnote F2).
- Shares owned after the reported transactions: not specified in the provided filing excerpt.
- Codes: M = conversion/exercise of derivative (RSU conversion), S = sale, A = grant/award.
Context
- The conversion of RSUs into shares followed by an immediate open-market sale is effectively a cashless conversion-plus-sale of vested RSUs; the filing shows the converted shares were sold the same day. The new RSUs will convert into common stock upon vesting (typically on the earlier of the third anniversary of grant, termination of board service, or death/disability per F2).
- Director sales are often routine (e.g., to realize compensation or cover taxes) and do not by themselves indicate insider sentiment. This filing does not indicate a 10% owner or a 10b5-1 trading plan.
Insider Transaction Report
Form 4
REDMOND ANDREA
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-01+2,225→ 2,225 total - Sale
Common Stock
2026-06-01$202.91/sh−2,225$451,475→ 0 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-06-01−2,225→ 0 totalFrom: 2026-06-01Exp: 2026-06-01→ Common Stock (2,225 underlying) - Award
Restricted Stock Units
[F2]2026-06-01+917→ 917 total→ Common Stock (917 underlying)
Footnotes (2)
- [F1]Conversion of previously awarded restricted stock units into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2006 Equity Compensation Plan for Non-Employee Directors.
- [F2]Restricted Stock Units (RSUs) granted under The Allstate Corporation 2017 Equity Compensation Plan for Non-Employee Directors providing that each RSU represents the right to receive one share of Allstate common stock following either a standard restriction period or a deferred period of restriction if elected. The RSUs reported will convert into common stock upon the earlier of (i) the third anniversary of the date of grant, (ii) the day following the date on which the reporting person's Board service terminates, and (iii) the day following the date of the reporting person's death or disability.
Signature
/s/ Meghan E. Jauhar, attorney-in-fact for Andrea Redmond|2026-06-02