Progressive (PGR) Form 144: Routine 4K-share insider sale disclosed

Rhea-AI Filing Summary

The Form 144 filing discloses a proposed sale of 4,000 common shares of Progressive Corp. (PGR) by an unidentified insider. The shares were acquired through restricted-stock vesting on 11/27/2023 and are valued at an aggregate $1.04 million. The planned sale, routed through Fidelity Brokerage Services, is scheduled for on or after 06/20/2025 on the NYSE. With 586.2 million shares outstanding, the transaction represents less than 0.001 % of shares outstanding, indicating a routine, non-material disposition. No prior sales were reported over the past three months, and no 10b5-1 trading-plan adoption date was provided. The filing contains no additional operational or financial details about Progressive.

Insights

Securities Analyst

TL;DR: Minor insider sale—4,000 shares worth $1.0 M; immaterial to PGR’s float and fundamentals.

The Form 144 signals an upcoming discretionary sale by an insider, but the scale—0.001 % of shares outstanding—poses no dilution or market-moving risk. Such filings are common for executives monetizing vested equity. With no accompanying negative disclosures and no 10b5-1 plan cited, the transaction appears routine. I view the impact on valuation and sentiment as negligible.

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	4000	1041520.00	586223643	06/20/2025	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	11/27/2023	Restricted Stock Vesting	Issuer			4000	11/27/2023	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

Nothing to Report

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

How many Progressive (PGR) shares are being sold under this Form 144?

The insider plans to sell 4,000 common shares.

What is the market value of the planned PGR share sale?

The aggregate market value is approximately $1.04 million.

When is the Progressive insider planning to sell the shares?

The approximate sale date disclosed is 06/20/2025.

What percentage of Progressive’s outstanding shares does the sale represent?

The sale equals less than 0.001 % of the 586.2 million shares outstanding.

How were the shares acquired by the insider?

They were obtained via restricted stock vesting on 11/27/2023 as compensation.