REDMOND ANDREA 4

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.