Director at Progressive (NYSE: PGR) sells 980 common shares
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
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)
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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.