Company (NYSE: PGR) insider files Rule 144 to sell 5,000 shares
Rhea-AI Filing Summary
Company insider plans to sell 5,000 common shares under Rule 144. The planned sale is through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $1,142,400.00 based on the figures shown. The issuer has 586,397,236 common shares outstanding, providing context for the sale size. The approximate sale date indicated is 11/28/2025.
The shares to be sold were acquired as restricted stock vesting compensation from the issuer on several dates in 2024, including 2,263 shares on 01/01/2024, 1,220 shares on 01/02/2024, 1,515 shares on 01/16/2024, and small additional vestings on 03/11/2024 and 07/19/2024. The signer represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
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FAQ
What does this Form 144 filing for PGR disclose?
The notice discloses that an insider or affiliated holder intends to sell 5,000 shares of common stock of the issuer under SEC Rule 144, using Fidelity Brokerage Services to execute the trade on the NYSE.
How many PGR shares are being sold under this Rule 144 notice?
The filing states that 5,000 common shares are to be sold, with an indicated aggregate market value of $1,142,400.00 for this planned transaction.
What is the context of the 5,000 PGR shares relative to total shares outstanding?
The table shows that the issuer has 586,397,236 common shares outstanding, which provides context for the relative size of the planned 5,000-share sale.
When is the insider planning to sell these PGR shares?
The filing lists an approximate date of sale of 11/28/2025 for the 5,000 common shares to be sold under Rule 144.
How were the PGR shares being sold originally acquired?
The securities information shows the shares were acquired from the issuer in 2024 through restricted stock vesting as compensation on multiple dates, including 2,263 shares on 01/01/2024, 1,220 shares on 01/02/2024, and 1,515 shares on 01/16/2024, plus small additional vestings.
Does the insider make any representation about undisclosed information on PGR?
Yes. By signing the notice, the person for whose account the securities will be sold represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Is this PGR sale connected to a Rule 10b5-1 trading plan?
The form includes a field for the date of plan adoption or instructions if relying on Rule 10b5-1 and states that, by signing and providing such a date, the person makes their representation as of that plan adoption or instruction date.