[144] Progressive Corporation SEC Filing

Rhea-AI Filing Summary

Progressive Corporation (PGR) Form 144 notice shows a proposed sale of 2,218 common shares held at Fidelity with an aggregate market value of $556,230.04, to be sold on 08/22/2025 on the NYSE. The shares were acquired on 07/25/2025 through restricted stock vesting and were marked as compensation. The filing also discloses prior sales by the same person, John J. Murphy, of 4,000 shares on 06/20/2025 for $1,041,520.00 and 2,218 shares on 07/28/2025 for $552,814.32. The notice includes the customary insider representation that no undisclosed material adverse information is known.

Positive

• Transaction complies with Rule 144 disclosure, documenting acquisition dates, nature of acquisition, broker, sale dates, and proceeds
• Securities originated from restricted stock vesting, indicating compensation-related issuance rather than open-market purchases

Negative

• Insider sales occurred recently (4,000 shares on 06/20/2025 and 2,218 shares on 07/28/2025), which may prompt investor questions despite small size relative to outstanding shares

Insights

Securities Analyst

TL;DR Routine insider sales from vested restricted stock; transaction size appears small relative to company equity outstanding.

The filing documents a Rule 144 notice for sale of 2,218 common shares acquired by restricted stock vesting and listed for sale on the NYSE. The seller previously disposed of 4,000 and 2,218 shares in the past month. The aggregate market value reported ($556,230) is negligible versus the reported shares outstanding (586,208,487), indicating these are routine officer/employee liquidity events rather than material capital structure changes.

Corporate Governance Expert

TL;DR Disclosure follows Rule 144 norms; includes the required insider attestation regarding undisclosed material information.

The notice states the securities were obtained via restricted stock vesting and sold through a brokerage, with dates and proceeds disclosed for recent transactions by the same individual. The form includes the standard attestation that the filer is not aware of undisclosed material adverse information, and warns about penalties for false statements. No indications of trading plan dates or 10b5-1 adoption are provided in the remarks section.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2218	556230.04	586208487	08/22/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/25/2025	Restricted Stock Vesting	Issuer			2218	07/25/2025	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John J. Murphy 300 North Commons Blvd. Mayfield Village OH 44143	Common	06/20/2025	4000	1041520.00
John J. Murphy 300 North Commons Blvd. Mayfield Village OH 44143	Common	07/28/2025	2218	552814.32

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for PGR disclose about the proposed sale?

The Form 144 reports a proposed sale of 2,218 common shares with an aggregate market value of $556,230.04, planned for 08/22/2025 on the NYSE.

How were the shares acquired that are being sold under Rule 144?

The shares were acquired on 07/25/2025 through restricted stock vesting and are identified as compensation.

Has the filer sold other Progressive (PGR) shares recently?

Yes. The filing discloses sales by John J. Murphy of 4,000 shares on 06/20/2025 for $1,041,520.00 and 2,218 shares on 07/28/2025 for $552,814.32.

Where are the shares held and which broker is used for the sale?

The shares are held at Fidelity Brokerage Services LLC, with the broker address listed in the filing; the sale is to be executed on the NYSE.

Does the filing indicate any undisclosed material information about Progressive?

The filer represents by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.