Progressive (PGR) Claims President granted 3,218 new Restricted Stock Units

Rhea-AI Filing Summary

Murphy John Jo reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corp. Claims President John Jo Murphy received a grant of 3,218 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one common share of Progressive stock, bringing his directly held restricted units to 13,750.506 after this award.

The RSUs 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 plan and award agreement. The grant was recorded at no cash cost per unit, reflecting a standard compensation-related award rather than an open‑market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Murphy John Jo

Role Claims President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	3,218	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 13,750.506 shares (Direct)

Footnotes (1)

1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock. 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. Expiration Date is the same as the Date Exercisable.

Form 4 Insider Transactions: What Each Field Means →

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^*

Murphy John Jo

(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)

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

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		3,218		(2)	(3)	Common	3,218	$0	13,750.506	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)

FAQ

What insider transaction did Progressive (PGR) disclose for John Jo Murphy?

Progressive disclosed that Claims President John Jo Murphy received a grant of 3,218 Restricted Stock Units. These RSUs are equity compensation, not open-market purchases, and each unit represents a contingent right to receive one Progressive common share if vesting conditions are met.

How many Restricted Stock Units does John Jo Murphy hold after this PGR grant?

After the grant, John Jo Murphy holds 13,750.506 Restricted Stock Units directly. This total includes the new 3,218-unit award and reflects his reported restricted equity position tied to Progressive’s common shares as of the transaction date.

When do John Jo Murphy’s new Progressive (PGR) RSUs vest?

The newly granted RSUs vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031. Vesting remains subject to earlier vesting or forfeiture under Progressive’s equity compensation plan and the specific award agreement.

Does the John Jo Murphy Form 4 for PGR involve open-market buying or selling?

No, this Form 4 shows a grant of 3,218 RSUs as compensation, coded as a grant/award acquisition. There are no open-market purchases or sales reported, and the transaction price per unit is listed as zero dollars.

What does each Restricted Stock Unit represent in the Progressive (PGR) filing?

Each Restricted Stock Unit represents a contingent right to receive one Progressive common share. Actual share delivery depends on the RSUs vesting over time, according to the company’s equity plan and the award’s vesting and forfeiture conditions.