Progressive (PGR) Rule 144 Filing: Restricted Shares to Be Sold

Rhea-AI Filing Summary

Form 144 notice for Progressive Corporation (PGR) reports a proposed sale of 30,659 shares of common stock through Fidelity Brokerage Services on the NYSE with an aggregate market value of $7,600,672.69, scheduled for 09/02/2025. The shares were acquired on 07/25/2025 via restricted stock vesting from the issuer and were paid as compensation. The filing also discloses a sale three days later on 07/28/2025 by Susan Patricia Griffith of 30,660 common shares for gross proceeds of $7,423,298.61. The filer certifies they are not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Insider-originated restricted shares are being sold shortly after vesting; transaction appears procedural, not clearly material to company fundamentals.

The filing shows 30,659 vested restricted shares scheduled for sale with an indicated aggregate market value of $7.6 million, executed through a broker on the NYSE. The acquisition date and payment method are explicitly stated as 07/25/2025 and compensation, respectively. A near-identical sale of 30,660 shares on 07/28/2025 produced ~$7.42 million gross proceeds and is disclosed in the three-month sale history. From an investor-impact viewpoint, these are identifiable insider-originated sales arising from compensation vesting; absent additional context on share ownership percentage or a pattern of many such sales, the event is likely routine and carries neutral significance.

Corporate Governance Expert

TL;DR: The filing documents compliance with Rule 144 for post-vesting sales and includes the standard representation about undisclosed material information.

The form provides required disclosure elements: acquisition date, nature of acquisition (restricted stock vesting), number of shares, aggregate market value, intended broker and sale date, and a recent comparable sale by the named individual. The signer affirms lack of undisclosed material adverse information. Governance-wise, the notice appears procedurally complete for a Rule 144 disposition; however, the filing omits any declared relationship to the issuer in the visible fields, so no further governance inference can be drawn from this document alone.

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

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	30659	7600672.69	586208487	09/02/2025	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			30659	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
Susan Patricia Griffith 300 North Commons Blvd. Mayfield Village OH 44143	Common	07/28/2025	30660	7423298.61

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 filing discloses a proposed sale of 30,659 common shares via Fidelity Brokerage on the NYSE with an aggregate market value of $7,600,672.69, scheduled for 09/02/2025.

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

The shares were acquired on 07/25/2025 through restricted stock vesting from the issuer and the payment type is listed as compensation.

Did the filer sell any issuer shares in the past three months?

Yes. Susan Patricia Griffith sold 30,660 common shares on 07/28/2025 for gross proceeds of $7,423,298.61.

Which broker is handling the proposed sale and where will the shares trade?

The broker listed is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI) and the sale is listed on the NYSE.

Does the filer attest to having undisclosed material information?

The filing contains the required representation that the person signing the notice does not know any material adverse information about the issuer that has not been publicly disclosed.