Progressive (NYSE: PGR) holder plans 1,225-share sale of stock
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.
Key Figures
Planned shares to be sold: 1,225 shares
Prior sale 1: 1,157 shares; $231,400.00
Prior sale 2: 1,157 shares; $236,907.32
+3 more
6 metrics
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
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 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
"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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.