Progressive details 2025 results and CFO transition

The Progressive Corporation filed an 8-K describing two main updates.

Rhea-AI Filing Summary

The Progressive Corporation filed an 8-K describing two main updates. First, it furnished a news release with financial results for the month and year ended December 31, 2025, along with selected quarterly results, as an exhibit to this report.

The company also announced that Chief Financial Officer John P. Sauerland intends to retire on July 3, 2026. Andrew J. Quigg, currently Chief Strategy Officer, is expected to be appointed as CFO upon Mr. Sauerland’s retirement, indicating a planned internal leadership transition.

Insights

Equity analyst focused on financial institutions

Planned CFO succession with internal successor appears orderly and neutral.

The company disclosed monthly and full-year 2025 results via an attached news release and announced a future CFO retirement with a named successor. Using an internal executive, the current Chief Strategy Officer, suggests continuity in financial and strategic leadership.

The advance notice of a July 3, 2026 retirement gives time for transition and reduces the risk typically associated with abrupt leadership changes. Future company filings and earnings communications may provide more detail on how responsibilities will shift as the transition date approaches.

8-K Event Classification

3 items: 2.02, 5.02, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did The Progressive Corporation (PGR) disclose in this 8-K filing?

The Progressive Corporation disclosed a news release with financial results for the month and year ended December 31, 2025, and selected quarterly results. It also announced a planned CFO retirement and internal succession, detailing future leadership changes in its finance organization.

Which financial information did Progressive (PGR) reference for year-end 2025?

Progressive referenced financial results for the month and year ended December 31, 2025, plus selected quarterly figures. These details are contained in an attached news release labeled Exhibit 99.1, rather than fully presented within the body of the 8-K itself.

Who is retiring as CFO of The Progressive Corporation (PGR) and when?

Chief Financial Officer John P. Sauerland plans to retire from The Progressive Corporation on July 3, 2026. His retirement was announced in a news release dated January 28, 2026, which is included as Exhibit 99.2 to the 8-K filing.

Who is expected to become the new CFO of Progressive (PGR)?

Andrew J. Quigg, currently Progressive’s Chief Strategy Officer, is expected to be appointed Chief Financial Officer upon John P. Sauerland’s retirement. This planned internal promotion, announced January 28, 2026, outlines the company’s intended leadership transition in its finance function.

Where can investors find Progressive’s detailed results for December 31, 2025?

Detailed results are provided in Progressive’s news release attached as Exhibit 99.1 to the 8-K. That exhibit contains financial results for the month and year ended December 31, 2025, along with selected quarterly financial information and related commentary from the company.

What exhibits are included with The Progressive Corporation (PGR) January 28, 2026 8-K?

The filing includes Exhibit 99.1, a news release with financial results for the month and year ended December 31, 2025, and Exhibit 99.2, a news release announcing the CFO’s planned retirement and management changes, plus Exhibit 104 for the cover page interactive data file.

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

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Accepted by SEC EDGAR 01/28/2026 - 02:49 PM Learn about SEC filing dates

FalsePROGRESSIVE CORP/OH/000008066100000806612026-01-262026-01-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 26, 2026

THE PROGRESSIVE CORPORATION

(Exact name of registrant as specified in its charter)

Ohio

001-09518

34-0963169

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

300 North Commons Blvd.,

Mayfield Village,

Ohio

44143

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (440) 461-5000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $1.00 Par Value			PGR			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On January 28, 2026, The Progressive Corporation (the “Company”) issued a news release containing financial results of the Company and its consolidated subsidiaries for the month and year ended December 31, 2025, and selected quarterly financial results. A copy of the news release is attached hereto as Exhibit 99.1.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On January 28, 2026, the Company issued a news release announcing that John P. Sauerland, the Company's Chief Financial Officer (CFO), intends to retire from the Company on July 3, 2026, and that Andrew J. Quigg, the Company's Chief Strategy Officer, is expected to be appointed as CFO upon Mr. Sauerland's retirement. A copy of the news release is attached hereto as Exhibit 99.2.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

See exhibit index on page 3.

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SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

January 28, 2026

THE PROGRESSIVE CORPORATION

By:

/s/ Carl G. Joyce

Name:

Carl G. Joyce

Title:

Vice President and Chief Accounting Officer

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EXHIBIT INDEX

Exhibit No. Under Reg. S-K Item 601						Form 8-K Exhibit No.						Description
99						99.1						News release dated January 28, 2026, containing financial results of The Progressive Corporation and its consolidated subsidiaries for the month and year ended December 31, 2025, and selected quarterly financial results.
99						99.2						News release dated January 28, 2026, announcing CFO retirement and other management changes.
104						104						Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document).

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