Progressive (NYSE: PGR) CAO executes 141-share 10b5-1 stock sale

Rhea-AI Filing Summary

Progressive Corp's Chief Accounting Officer Carl G. Joyce sold 141 common shares in an open-market transaction at $212.00 per share on March 5, 2026. After this sale, he directly held 828.260 common shares.

He also indirectly held 306.642 common shares through a 401(k) plan and 24.081 common shares held by his spouse as of that date. The reported sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2025.

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).

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^*

Joyce Carl G

(Last) (First) (Middle)

300 NORTH COMMONS BLVD.

(Street)

MAYFIELD VILLAGE OH 44143

(City) (State) (Zip)

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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common	03/05/2026		S(1)		141	D	$212	828.26	D
Common								306.642	I	401(k) Plan
Common								24.081	I	By Spouse

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

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 November 20, 2025.

	/s/ Allyson L. Bach, By Power of Attorney	03/09/2026
	** 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.

FAQ

What insider transaction did Progressive (PGR) report for Carl G. Joyce?

Progressive reported that Chief Accounting Officer Carl G. Joyce sold 141 common shares at $212.00 per share. The transaction occurred on March 5, 2026, as an open-market sale and was executed under a pre-arranged Rule 10b5-1 trading plan.

How many Progressive (PGR) shares does Carl G. Joyce hold after this sale?

After the transaction, Carl G. Joyce directly held 828.260 Progressive common shares. He also had indirect holdings of 306.642 common shares through a 401(k) plan and 24.081 common shares held by his spouse, all as of March 5, 2026.

Was the Progressive (PGR) insider sale by Carl G. Joyce under a 10b5-1 plan?

Yes. The filing states that the reported sale was made under a Rule 10b5-1 trading plan. This pre-arranged plan was adopted by Carl G. Joyce on November 20, 2025, providing a structured schedule for selling shares over time.

What price did Carl G. Joyce receive per Progressive (PGR) share sold?

Carl G. Joyce received $212.00 per Progressive common share in this sale. The transaction involved 141 shares in an open-market trade on March 5, 2026, as disclosed in the Form 4 insider report submitted for Progressive Corp.

What indirect Progressive (PGR) holdings does Carl G. Joyce report?

Carl G. Joyce reports indirect ownership of 306.642 Progressive common shares through a 401(k) plan and 24.081 common shares held by his spouse. These indirect holdings are in addition to his directly held 828.260 common shares after the reported sale.