Progressive (NYSE: PGR) CFO Quigg sells 3,499 shares in 10b5-1 plan
Rhea-AI Filing Summary
Progressive Corp. VP and Chief Financial Officer Andrew J. Quigg sold 3,499 shares of Progressive common stock on July 28, 2026 at $220 per share in an open market or private transaction. The trade was made under a 10b5-1 trading plan adopted on January 29, 2026, and he now directly holds 42,594.791 shares.
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Insider Trade Summary 10b5-1
Net Seller: 3,499 shares
Net Sell
1 txn
Insider
Quigg Andrew J
Role
VP and Chief Financial Officer
Sold
3,499 shs ($770K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common F1 | 3,499 | $220.00 | $770K |
Holdings After Transaction:
Common — 42,594.791 shares (Direct)
Footnotes (1)
- F1. This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of January 29, 2026.
Key Figures
Shares sold: 3,499 shares
Sale price: $220 per share
Shares held after sale: 42,594.791 shares
+2 more
5 metrics
Shares sold
3,499 shares
Common stock sold on July 28, 2026
Sale price
$220 per share
Price for common shares sold on July 28, 2026
Shares held after sale
42,594.791 shares
Direct ownership following the July 28, 2026 transaction
Net shares sold in filing
3,499 shares
Transaction summary netBuySellShares
10b5-1 plan adoption date
January 29, 2026
Date Andrew J. Quigg adopted the trading plan used for this sale
Key Terms
10b5-1 trading plan, open market or private transaction, Chief Financial Officer
3 terms
10b5-1 trading plan regulatory
"made pursuant to a 10b5-1 trading plan adopted by the reporting person"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
Chief Financial Officer financial
"Andrew J Quigg serves as VP and Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider sale did Progressive (PGR) disclose for CFO Andrew J. Quigg?
Progressive reported that CFO Andrew J. Quigg sold 3,499 shares of Progressive common stock on July 28, 2026 at $220 per share, in an open market or private transaction, and now directly holds 42,594.791 shares.
Was Andrew J. Quigg’s Progressive (PGR) stock sale under a 10b5-1 plan?
Yes. The filing states the July 28, 2026 sale was made under a Rule 10b5-1 trading plan adopted by Andrew J. Quigg on January 29, 2026, indicating the trades were pre-arranged rather than discretionary.