Progressive executive granted 1,443 RSUs

DAY HEATHER E reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

DAY HEATHER E reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corp. reports that CRM President Heather E. Day received a grant of 1,443 Restricted Stock Units on July 20, 2026. Each unit represents a contingent right to receive one common share of the company’s stock. The units will vest in three equal annual installments in 2029, 2030, and 2031, subject to earlier vesting or forfeiture under the plan and award agreement, and this grant increases her directly held RSU balance to 5,587.936 units. The expiration date of the award is the same as the date the units first become exercisable.

Insider Trade Summary

Grant/Award: 1,443 shares

Grant/Award 1 txn

Insider DAY HEATHER E

Role CRM President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2, F3	1,443	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 5,587.936 contracts (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
2. F2. These units will vest in three equal annual installments on each of January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
3. F3. Expiration Date is the same as the Date Exercisable.

Key Figures

RSUs granted: 1,443 units RSU holdings after grant: 5,587.936 units Vesting date 1: January 16, 2029 +3 more

6 metrics

RSUs granted 1,443 units Restricted Stock Units granted to Heather E. Day on 2026-07-20

RSU holdings after grant 5,587.936 units Directly held RSUs reported following the transaction

Vesting date 1 January 16, 2029 First of three equal annual vesting installments for the RSU award

Vesting date 2 January 15, 2030 Second of three equal annual vesting installments for the RSU award

Vesting date 3 January 21, 2031 Final equal annual vesting installment for the RSU award

Grant price per RSU $0.0000 per unit Reported transaction price per RSU for the award

Key Terms

Restricted Stock Unit, contingent right, Expiration Date, Date Exercisable

4 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit represents a contingent right to receive one Common Share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"represents a contingent right to receive one Common Share of the Company's stock"

Expiration Date financial

"Expiration Date is the same as the Date Exercisable"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

Date Exercisable financial

"Expiration Date is the same as the Date Exercisable"

FAQ

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

What equity award did Progressive (PGR) grant to Heather E. Day?

Progressive granted CRM President Heather E. Day 1,443 Restricted Stock Units on July 20, 2026. Each RSU represents a contingent right to receive one common share of Progressive’s stock, subject to the terms of the applicable plan and award agreement.

What is the vesting schedule for Heather E. Day’s new RSUs at Progressive (PGR)?

The 1,443 RSUs will vest in three equal annual installments. Vesting dates are January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s equity plan and award agreement.

How many Restricted Stock Units does Heather E. Day hold after this Progressive (PGR) grant?

After the July 20, 2026 award, Heather E. Day holds 5,587.936 Restricted Stock Units directly. This total reflects the addition of 1,443 newly granted RSUs, as reported, and represents her post-transaction RSU balance in the filing.

What does each Restricted Stock Unit granted by Progressive (PGR) represent?

Each Restricted Stock Unit granted to Heather E. Day represents a contingent right to receive one common share of Progressive’s stock. Actual share delivery depends on satisfaction of vesting conditions and other terms in the company’s equity incentive plan and award agreement.

When do Heather E. Day’s new Progressive (PGR) RSUs expire?

For this award, the Expiration Date is the same as the Date Exercisable. This means the units’ expiration is aligned with the point at which they first become exercisable, as specified in the plan and individual award documentation.

Was Heather E. Day’s RSU grant at Progressive (PGR) made under a Rule 10b5-1 plan?

The filing shows the Rule 10b5-1 checkbox as not selected. This indicates the reported grant of 1,443 RSUs was not affirmatively reported as made under a Rule 10b5-1 trading plan on this form.

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

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Available on EDGAR 07/22/2026 - 11:18 AM Accepted by SEC EDGAR 07/22/2026 - 11:17 AM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

DAY HEATHER E

(Last) (First) (Middle)

300 N. COMMONS BLVD.

(Street)

MAYFIELD VILLAGE OHIO 44143

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

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

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

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

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)	07/20/2026		A		1,443		(2)	(3)	Common	1,443	$0	5,587.936	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 will vest in three equal annual installments on each of January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.

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

	/s/ Allyson L. Bach, By Power of Attorney	07/22/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)