---
schema_version: "secwatch.filing_event.v1"
accession: "0000899051-23-000043"
form_type: "8-K"
ticker: "ALL"
cik: "0000899051"
company_name: "ALLSTATE CORP"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:58:52.720203+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Allstate closes public offering of 24M depositary shares for Series J Preferred Stock

## Summary
- Offering of 24,000,000 depositary shares representing Series J Fixed Rate Noncumulative Perpetual Preferred Stock closed May 18, 2023.
- Underwriting agreement with BofA Securities, J.P. Morgan, Loop Capital, Morgan Stanley, Wells Fargo.
- Series J Preferred Stock has $25,000 liquidation preference per share; restricts common dividends if Series J dividends unpaid.
- Certificate of Designations filed with Delaware Secretary of State on May 16, 2023.

## SEC filing metadata
- accession: 0000899051-23-000043
- form_type: 8-K
- ticker: ALL
- cik: 0000899051
- company_name: ALLSTATE CORP
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899051/000089905123000043/0000899051-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899051/000089905123000043/all-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899051-23-000043
- JSON: https://secwatch.observer/filing/0000899051-23-000043.json
- Plain text: https://secwatch.observer/filing/0000899051-23-000043.txt

## Key facts
- Governance Changes
  ALLSTATE CORP: Filed Certificate of Designations to establish Series J Preferred Stock, effective May 16, 2023 (effective 2023-05-16).
  - Change: charter amendment
  - Effective: 2023-05-16
  source text: On May 16, 2023, the Registrant filed a Certificate of Designations with the Secretary of State of the State of Delaware to establish the preferences, limitations and relative rights of the Series J Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899051/000089905123000043/0000899051-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.