Allstate CFO Dugenske sells 36,367 shares for $6,959,904.55 on 2024-09-20, reducing stake 57.5%; stock at near 52-week high
John E Dugenske executed 3 separate sales totaling 36,367 shares for $6,959,904.55 on 2024-09-20, reducing his post-transaction holdings to 26,834 shares (a 57.5% reduction). The sales occurred at prices from $190.77 to $192.46, with a blended average of $191.38, when the stock was trading at $191.82 (current price) near its 52-week high of $192.89. His sole prior sale at Allstate in March 2024 was well-timed at the 90-day mark (the stock fell after), and his broader cross-ticker track record shows 100% well-timed sells, though with only 1 prior transaction to measure. The company reported revenue of $15,714,000,000 and net income of $331,000,000 for its latest quarter, but posted negative full-year net income in its most recent fiscal year—a fundamental backdrop that warrants investor attention alongside the substantial liquidation of this named executive's stake.