Gupta Suren

Gupta Suren’s SEC Form 4 activity over the past year paints a clear picture of a net seller, with all open-market transactions concentrated in Allstate Corp (ALL) and a single compensatory award in Zions Bancorporation (ZION). Across 36 filings spanning two companies, Gupta recorded zero open-market purchases and roughly $10.3 million in total sales, overwhelmingly executed through ALL. The selling bias is unmistakable: seven open-market sales between November 2025 and January 2026 alone totaled approximately $10.3 million, including a $4.11 million disposition on January 7, 2026, and a $4.71 million sale on November 21, 2025. These were paired with option exercises (coded M) that supplied the shares, such as a $1.36 million exercise on November 21 and a $1.22 million exercise on January 7, indicating a systematic pattern of converting vested options into cash rather than accumulating stock. The remaining ALL transactions were largely mechanical or non-discretionary. Tax withholding events (coded F) on February 13, 2026, and September 6, 2025, removed $1.35 million and $1.24 million in shares respectively, while grants (coded A) and option exercises carried zero or nominal value. A small gift (coded G) on November 17, 2025, involved no cash. The only non-ALL activity was a $129,999.30 award in ZION on May 1, 2026, which is compensation rather than a market purchase. In total, Gupta’s acquired value—$129,999.30—pales against the $10.3 million sold, and with zero recent buys, the trajectory is firmly bearish from a disclosure standpoint, though the sales are consistently tied to option exercises and vesting schedules rather than outright share dumping.