Progressive (PGR) CEO Susan Griffith reports RSU dividend reinvestment

Rhea-AI Filing Summary

Progressive Corp (PGR) President and CEO Susan Patricia Griffith reported an automatic increase in her equity-based holdings through restricted stock units. On January 8, 2026, she acquired 2,917.724 Restricted Stock Units at a price of $0 per unit, reflecting the reinvestment of dividend equivalents. Each unit represents a contingent right to receive one Progressive common share. Following this transaction, she beneficially owned 48,512.521 Restricted Stock Units directly, which will generally convert into common shares as they vest over time.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Griffith Susan Patricia

(Last) (First) (Middle)

300 NORTH COMMONS BLVD.

(Street)

MAYFIELD VILLAGE OH 44143

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROGRESSIVE CORP/OH/ [ PGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	01/08/2026		A		2,917.724		(2)	(3)	Common	2,917.724	$0	48,512.521	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

2. These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.

3. Expiration Date is the same as the Date Exercisable.

	/s/ Allyson L. Bach, By Power of Attorney	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Progressive (PGR) disclose in this filing?

The filing shows that President and CEO Susan Patricia Griffith acquired 2,917.724 Restricted Stock Units on January 8, 2026, tied to Progressive common shares.

How many Progressive (PGR) restricted stock units does the CEO hold after this transaction?

After the reported transaction, Susan Patricia Griffith beneficially owned 48,512.521 Restricted Stock Units directly.

What is a Restricted Stock Unit in this Progressive (PGR) insider filing?

Each Restricted Stock Unit represents a contingent right to receive one Progressive common share, typically delivered when the unit vests.

How were the new Restricted Stock Units for Progressive (PGR) CEO Susan Griffith acquired?

The 2,917.724 units were acquired through the reinvestment of dividend equivalents, and they will vest at the same time as the related Restricted Stock Units.

Are the Progressive (PGR) Restricted Stock Units held directly or indirectly by the CEO?

The filing reports that the 48,512.521 Restricted Stock Units are held under direct (D) ownership by Susan Patricia Griffith.

Do the Restricted Stock Units for Progressive (PGR) have a stated purchase price in this transaction?

No cash was paid in this transaction; the 2,917.724 Restricted Stock Units were reported with a price of $0 per unit, reflecting dividend reinvestment.