Director at Progressive (NYSE: PGR) sells 980 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Progressive Corporation director Devin C. Johnson reported an open-market sale of 980 shares of Progressive common stock on April 16, 2026, at a price of $203.10 per share. Following this transaction, Johnson directly owns 8,621 Progressive common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 980 shares ($199,038)
Net Sell
1 txn
Insider
Johnson Devin C
Role
Director
Sold
980 shs ($199K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 980 | $203.10 | $199K |
Holdings After Transaction:
Common — 8,621 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 980 shares
Sale price per share: $203.10 per share
Shares held after transaction: 8,621 shares
+2 more
5 metrics
Shares sold
980 shares
Open-market sale on April 16, 2026
Sale price per share
$203.10 per share
Price for the 980 common shares sold
Shares held after transaction
8,621 shares
Director’s direct ownership after the sale
Transaction code
S
Sale in open market or private transaction
Security type
Common stock
Non-derivative security sold
Key Terms
open-market sale, non-derivative, transaction code "S"
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
""transaction_type": "non-derivative""
transaction code "S" regulatory
""transaction_code": "S""
FAQ
What insider transaction did Progressive (PGR) disclose for Devin C. Johnson?
Progressive reported that director Devin C. Johnson sold 980 shares of common stock. The sale was an open-market transaction at $203.10 per share, and it was recorded as a non-derivative transaction in a Form 4 insider trading report.
Is the Progressive (PGR) Form 4 transaction a buy or a sell?
The Form 4 transaction is a sell. It is coded as an “S” transaction, described as a sale in an open market or private transaction, with 980 non-derivative Progressive common shares sold at $203.10 per share.
Does the Progressive (PGR) Form 4 involve derivative securities or only common stock?
The reported transaction involves only non-derivative common stock. The filing lists a sale of 980 shares of Progressive common stock and shows no derivative transactions or remaining derivative positions in the derivativeSummary section.