Progressive CEO granted 5,608 restricted stock units

Griffith Susan Patricia reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Griffith Susan Patricia reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corporation President and CEO Susan Patricia Griffith received a grant of 5,608 Restricted Stock Units. Each unit represents a contingent right to receive one common share of Progressive’s stock. After this award, her reported derivative-based holdings from this grant type total 30,211.186 units.

The RSUs will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s compensation plan and the specific award agreement. This is a compensation-related, non-market transaction.

Insider Trade Summary

Grant/Award: 5,608 shares

Grant/Award 1 txn

Insider Griffith Susan Patricia

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	5,608	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 30,211.186 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.

FAQ

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

What did Progressive (PGR) CEO Susan Griffith report in this Form 4 filing?

Susan Patricia Griffith reported receiving a grant of 5,608 Restricted Stock Units. These compensation-related units give a contingent right to receive an equal number of Progressive common shares, increasing her reported derivative-based holdings to 30,211.186 units after the award.

How many restricted stock units did Progressive (PGR) grant to its CEO?

Progressive granted CEO Susan Patricia Griffith 5,608 Restricted Stock Units. Each unit represents a contingent right to receive one Progressive common share, forming part of her long-term equity compensation rather than an open-market stock purchase or sale.

When do Susan Griffith’s new Progressive (PGR) RSUs vest?

The 5,608 Restricted Stock Units vest in three equal annual installments. Scheduled vesting dates are January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the applicable compensation plan and award agreement terms.

Is the Progressive (PGR) CEO’s Form 4 transaction a stock purchase or sale?

The transaction is not a stock purchase or sale; it is a grant of Restricted Stock Units. These units are part of equity compensation, with a zero transaction price and future delivery of common shares if vesting conditions are satisfied over time.

How many Progressive (PGR) derivative-based units does the CEO hold after this grant?

After receiving 5,608 Restricted Stock Units, Susan Patricia Griffith’s reported total for this derivative security type is 30,211.186 units. This figure reflects her position following the grant as shown in the Form 4, excluding any other holdings not listed there.

What does each Restricted Stock Unit represent for Progressive (PGR) CEO Susan Griffith?

Each Restricted Stock Unit represents a contingent right to receive one Progressive common share. Actual share delivery depends on meeting the vesting schedule and conditions set forth in the company’s equity compensation plan and the specific award agreement.

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

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Accepted by SEC EDGAR 03/25/2026 - 02:06 PM 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^*

Griffith Susan Patricia

(Last) (First) (Middle)

300 NORTH 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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)	03/24/2026		A		5,608		(2)	(3)	Common	5,608	$0	30,211.186	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/ Laurie F. Humphrey, By Power of Attorney	03/25/2026
	** 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)