STOCK TITAN

Progressive (NYSE: PGR) CIO sells 1,157 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Progressive Corp. Chief Information Officer Steven Broz reported an open-market sale of 1,157 shares of Progressive common stock at $200.00 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, he directly holds 28,667.626 shares of Progressive common stock.

Positive

  • None.

Negative

  • None.
Insider Broz Steven
Role Chief Information Officer
Sold 1,157 shs ($231K)
Type Security Shares Price Value
Sale Common 1,157 $200.00 $231K
Holdings After Transaction: Common — 28,667.626 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,157 shares Open-market sale on June 5, 2026
Sale price $200.00 per share Price for common stock sale
Shares owned after sale 28,667.626 shares Direct holdings after transaction
Rule 10b5-1 trading plan regulatory
"This transaction ... was made pursuant to a 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Common financial
""security_title": "Common""
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SEC Form 4
FORM 4UNITED 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).
X
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*
Broz Steven

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Information Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common06/05/2026S(1)1,157D$20028,667.626D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of February 19, 2026.
/s/ Allyson L. Bach, By Power of Attorney06/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Progressive (PGR) executive Steven Broz report in this Form 4?

Steven Broz, Progressive’s Chief Information Officer, reported selling 1,157 shares of common stock at $200.00 per share. After this open-market sale, he continues to directly hold 28,667.626 Progressive shares, according to the Form 4 disclosure.

Was the Progressive (PGR) CIO’s stock sale part of a trading plan?

Yes. The filing states the transaction was made under a Rule 10b5-1 trading plan adopted by Steven Broz on February 19, 2026. Such pre-arranged plans automate trades and can reduce the significance of timing decisions.

How many Progressive (PGR) shares did the CIO sell and at what price?

Steven Broz sold 1,157 shares of Progressive common stock at a reported price of $200.00 per share. The Form 4 characterizes this as an open-market or private sale transaction in the company’s common shares.

How many Progressive (PGR) shares does the CIO hold after this transaction?

After the reported sale, Steven Broz directly owns 28,667.626 Progressive common shares. This post-transaction holding is disclosed in the Form 4 and reflects his remaining direct equity position in the company.

What does an open-market sale by a Progressive (PGR) insider mean?

An open-market sale means the insider sold shares on the public market at prevailing prices, here at $200.00 per share. The Form 4 notes this as a standard sale transaction, executed under a Rule 10b5-1 trading plan.