Allstate Corp: evp & cto Jeevanjee Zulfikar exercised 2,371 shares

What happened

• Jeevanjee Zulfikar, evp & cto, converted/exercised 2,371 restricted stock units (RSUs) into common shares on Oct 3, 2026. The filing lists an acquisition of 2,371 shares at $0.00 and a disposal of 2,371 shares at $0.00 (derivative). Separately, 1,045 shares were disposed to satisfy a tax liability at $223.74 per share for a total of $233,808.

Key details

• Transaction date: Oct 3, 2026. Prices reported: $0.00 (conversion/exercise entries) and $223.74 (tax withholding).
• Filing date: Oct 6, 2026. Period of report: Oct 3, 2026.
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: conversion of previously awarded RSUs into an equal number of common shares, without the payment of any consideration, pursuant to The Allstate Corporation 2019 Equity Incentive Plan. The remaining RSUs will convert on Oct 3, 2027 and Oct 3, 2028.
• The filing does not indicate a late-filing flag.

Why it may matter

• The filing shows a conversion of RSUs and that 1,045 shares were withheld to satisfy tax liabilities (a sell-to-cover/cashless withholding), rather than a cash payment for taxes.
• This was a conversion of previously awarded RSUs, not a market purchase or an open-market sale of newly acquired shares.
• A filing does not show why the insider traded or why the company acted.