Progressive Officer Proposes $250K Share Sale
The notice also lists two earlier sales during the preceding three months, including 1,225 shares sold on August 20, 2026.
Rhea-AI Filing Summary
Progressive Corp (PGR) officer Steven Broz reported a proposed sale of 1,225 common shares, with an aggregate market value of $250,255.25 and an approximate sale date of September 24, 2026. Fidelity Brokerage Services LLC is listed in connection with the sale. The notice also lists earlier sales by Broz: 1,156 shares for $237,176.52 on July 23, 2026, and 1,225 shares for $268,765.00 on August 20, 2026.
Positive
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Negative
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Key Figures
Proposed sale: 1,225 common shares
Aggregate market value of proposed sale: $250,255.25
Shares outstanding: 581,371,770 shares
+4 more
7 metrics
Proposed sale
1,225 common shares
Approximate sale date: September 24, 2026
Aggregate market value of proposed sale
$250,255.25
Proposed sale dated September 24, 2026
Shares outstanding
581,371,770 shares
As of September 24, 2026
Prior sale
1,156 common shares
July 23, 2026
Aggregate value of prior sale
$237,176.52
July 23, 2026
Prior sale
1,225 common shares
August 20, 2026
Aggregate value of prior sale
$268,765.00
August 20, 2026
Key Terms
Rule 144, Restricted Stock Vesting, shares outstanding, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact technical
"as attorney-in-fact for Steven Broz"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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