Allstate EVP & CTO Zulfikar Jeevanjee Acquires Shares via RSU Vesting with Tax Withholding
ALLSTATE CORP
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Filing Summary
Allstate Corp ($ALL) EVP & CTO - AIC Zulfikar Jeevanjee acquired 2,371 shares of Common Stock upon the vesting of restricted stock units (RSUs) on October 3, 2026. Simultaneously, 1,045 shares were withheld at $223.74 per share ($233,808.30 total value) to satisfy tax withholding obligations. Following the transactions, Jeevanjee directly holds 17,697 common shares and 4,744 unvested RSUs.
Comprehensive Analysis
Transaction Overview
On October 3, 2026, Zulfikar Jeevanjee, Executive Vice President & Chief Technology Officer of Allstate Insurance Company (AIC), engaged in routine equity compensation transactions reported on SEC Form 4:
- RSU Vesting (Code M): 2,371 restricted stock units (RSUs) converted into an equal number of shares of Common Stock at $0 per share.
- Tax Withholding (Code F): 1,045 shares of Common Stock were surrendered/withheld at a market value of $223.74 per share to satisfy statutory tax obligations, amounting to approximately $233,808.30.
Following these transactions, Jeevanjee's direct ownership stands at 17,697 shares of Allstate Common Stock. An additional 4,744 RSUs remain unvested and scheduled to convert in October 2027 and October 2028.
Trading Significance
This filing represents routine equity vesting and associated tax withholding under The Allstate Corporation 2019 Equity Incentive Plan. Because there were no open-market purchases or discretionary sales, this transaction carries Low trading significance and does not reflect a change in executive sentiment regarding the company's financial outlook.
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