Progressive Corp CEO receives small RSU award

Progressive Corp President and CEO Susan Patricia Griffith received a grant/award acquisition of 13.1580 Restricted Stock Units on July 10, 2026, through reinvested dividend equivalents.

Accepted by SEC EDGAR 07/14/2026 - 11:00 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Progressive Corp President and CEO Susan Patricia Griffith received a grant/award acquisition of 13.1580 Restricted Stock Units on July 10, 2026, through reinvested dividend equivalents. Each unit represents a contingent right to one common share, and she now directly holds 30,239.7070 Restricted Stock Units subject to vesting.

Insider Trade Summary

Grant/Award: 13.158 shares

Grant/Award 1 txn

Insider Griffith Susan Patricia

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2, F3	13.158	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 30,239.707 contracts (Direct)

Holdings Before and After: Restricted Stock Unit, 30,226.549 to 30,239.707 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, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
3. F3. Expiration Date is the same as the Date Exercisable.

Key Figures

RSUs granted: 13.1580 units RSUs held after transaction: 30239.7070 units Grant price per unit: $0.0000 +1 more

4 metrics

RSUs granted 13.1580 units Restricted Stock Units acquired on July 10, 2026 via dividend equivalents

RSUs held after transaction 30239.7070 units Total Restricted Stock Units directly held by CEO after the award

Grant price per unit $0.0000 Stated transaction price per Restricted Stock Unit in the award

Derivative transactions reported 1 transaction Number of derivative-type transactions disclosed in this Form 4

Key Terms

Restricted Stock Unit, dividend equivalents, contingent right, Expiration Date

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.

dividend equivalents financial

"These units, which were acquired upon the reinvestment of dividend equivalents, will vest"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

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.

FAQ

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

What insider transaction did Progressive (PGR) report for CEO Susan Patricia Griffith?

CEO Susan Patricia Griffith acquired 13.1580 Restricted Stock Units on July 10, 2026. The units were granted through the reinvestment of dividend equivalents and represent contingent rights to Progressive common shares, rather than an open-market stock purchase.

How many Restricted Stock Units does the Progressive (PGR) CEO hold after this Form 4?

After the reported award, CEO Susan Patricia Griffith directly holds 30,239.7070 Restricted Stock Units. These RSUs each represent a contingent right to receive one Progressive common share upon vesting, as described in the filing’s footnotes.

Was the Progressive (PGR) CEO’s latest equity acquisition a market purchase of shares?

No, the transaction was a grant/award acquisition of 13.1580 Restricted Stock Units, recorded at a transaction price of $0.0000 per unit. It reflects additional RSUs from dividend equivalent reinvestment, not an open-market purchase of Progressive common stock.

What do the Restricted Stock Units granted to Progressive (PGR)’s CEO represent?

Each Restricted Stock Unit represents a contingent right to receive one common share of Progressive’s stock. The units acquired through dividend equivalents will vest at the same time as the related RSUs, according to the footnote disclosure.

How were the new RSUs for Progressive (PGR)’s CEO generated?

The additional 13.1580 Restricted Stock Units were acquired upon the reinvestment of dividend equivalents. The filing states these units will vest at the same time as the Restricted Stock Units to which they relate, aligning their vesting schedule with existing awards.

Does this Progressive (PGR) Form 4 show any sale of shares by the CEO?

No, the Form 4 reports no sales of Progressive securities by CEO Susan Patricia Griffith. The only transaction is an acquisition of 13.1580 Restricted Stock Units, with the filing’s transaction summary showing zero sell transactions.

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

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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)
07/10/2026

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)	07/10/2026		A		13.158		(2)	(3)	Common	13.158	$0	30,239.707	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, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.

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

	/s/ Allyson L. Bach, By Power of Attorney	07/14/2026
	** 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)