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Progressive (NYSE: PGR) holder plans 1,225-share sale of stock

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Progressive Corp (PGR) received a Rule 144 notice indicating that Steven Broz, through Fidelity Brokerage Services LLC, plans to sell up to 1,225 shares of Progressive common stock on the NYSE. The shares relate to restricted stock vesting on July 24, 2026, and prior Rule 144 sales have occurred in recent months.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 1,225 shares Proposed sale of Progressive common stock under Rule 144
Prior sale 1 1,157 shares; $231,400.00 Common stock sale on June 5, 2026 for account of Steven Broz
Prior sale 2 1,157 shares; $236,907.32 Common stock sale on June 22, 2026 for account of Steven Broz
Prior sale 3 1,156 shares; $237,176.52 Common stock sale on July 23, 2026 for account of Steven Broz
Restricted stock vesting date 07/24/2026 Source of the 1,225 shares to be sold identified as restricted stock vesting
Broker Fidelity Brokerage Services LLC Broker handling the common stock in connection with the planned Rule 144 sale
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
"Common | 07/24/2026 | Restricted Stock Vesting | Issuer"
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 regulatory
"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.

FAQ

What does this Form 144 filing mean for Progressive Corp (PGR)?

The filing reports that Steven Broz has notified of an intended sale of up to 1,225 shares of Progressive common stock under Rule 144. It is a disclosure of a potential sale, not a confirmation that the sale has occurred.

How many Progressive (PGR) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of up to 1,225 shares of Progressive common stock. These shares are held through Fidelity Brokerage Services LLC and relate to restricted stock vesting on July 24, 2026 as compensation.

Who is selling Progressive (PGR) shares in this Form 144 and through which broker?

The securities are for the account of Steven Broz, with the broker listed as Fidelity Brokerage Services LLC. Fidelity is identified as the broker handling the common stock in connection with the planned Rule 144 sale on the NYSE.

What prior Progressive (PGR) share sales has Steven Broz reported in the last three months?

The filing lists three prior sales of Progressive common stock: 1,157 shares on June 5, 2026, 1,157 shares on June 22, 2026, and 1,156 shares on July 23, 2026, each with six-figure total dollar proceeds disclosed.

What was the dollar amount of recent Progressive (PGR) stock sales reported by Steven Broz?

The notice reports sales of Progressive common stock totaling $231,400.00 on June 5, 2026, $236,907.32 on June 22, 2026, and $237,176.52 on July 23, 2026. Each amount corresponds to a separate sale of just over 1,150 shares.

What is the source of the Progressive (PGR) shares to be sold under this Form 144?

The planned sale of 1,225 common shares is tied to restricted stock vesting on July 24, 2026. The source is identified as the issuer, and the transaction is described as related to compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature