Allstate Corp Files 8-K on Director and Officer Changes

Ticker: ALL-PJ · Form: 8-K · Filed: May 15, 2024 · CIK: 899051

Allstate Corp 8-K Filing Summary
FieldDetail
CompanyAllstate Corp (ALL-PJ)
Form Type8-K
Filed DateMay 15, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.01, $445,000, $625,000
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-of-directors

Related Tickers: ALL

TL;DR

Allstate's 8-K: Board shakeup and exec pay changes filed May 13, 2024.

AI Summary

On May 13, 2024, The Allstate Corporation filed an 8-K report detailing changes in its board of directors and executive compensation. The filing indicates the election of new directors and potential adjustments to the compensatory arrangements for certain officers.

Why It Matters

Changes in a company's board of directors and executive compensation can signal shifts in strategic direction or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns corporate governance and executive appointments, which typically carry lower immediate risk compared to financial distress or major operational changes.

Key Players & Entities

  • The Allstate Corporation (company) — Registrant
  • May 13, 2024 (date) — Date of earliest event reported

FAQ

What specific changes were made to the board of directors?

The filing indicates the election of directors, but specific names and details of the changes are not provided in this summary section of the 8-K.

Were there any departures of directors or officers mentioned?

The filing lists 'Departure of Directors or Certain Officers' as an item, suggesting such events may have occurred, but details are not in the provided text.

What is the nature of the changes in compensatory arrangements?

The filing mentions 'Compensatory Arrangements of Certain Officers' as an item, indicating potential adjustments to executive pay, but specific details are not included here.

When was this 8-K report filed?

The report was filed as of May 15, 2024, with the earliest event reported on May 13, 2024.

What is Allstate Corporation's primary business?

Allstate Corporation is in the FIRE, MARINE & CASUALTY INSURANCE industry, as indicated by its SIC code 6331.

Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-15 16:25:47

Key Financial Figures

  • $0.01 — ich registered Common Stock, par value $0.01 per share ALL New York Stock Exchange C
  • $445,000 — led to receive an annual base salary of $445,000 in his position as Senior Vice Presiden
  • $625,000 — y award with a grant date fair value of $625,000, consisting of RSUs, vesting 100% on th

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE ALLSTATE CORPORATION (Registrant) By: /s/Julie E. Cho Name: Julie E. Cho Title: Vice President, Deputy General Counsel and Corporate Secretary Date: May 15, 2024

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