Did anyone notice that the CEO sold the following shares of Allstate stock on May 8, 2020: 892,000 options at $101.50 with a basis of $31.50. You do the math, but it looks like he pocketed a quick $62M. Notice the transaction date....May 8. When did Allstate publicly announce the pending purchase of National General.....July 7. Since Allstate so seriously overpaid for NatGen, the market immediately crushed Allstate stock. But TW was fine, his $62M was already banked. Inside information? Hah!
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