Progressive CIO granted 2,926 restricted stock units

Broz Steven reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Broz Steven reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corp. Chief Information Officer Steven Broz received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one common share of Progressive’s stock.

The RSUs are scheduled to 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 plan. Following this award, Broz holds a reported total of 12,498.388 derivative-equivalent shares.

Insider Trade Summary

Grant/Award: 2,926 shares

Grant/Award 1 txn

Insider Broz Steven

Role Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	2,926	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 12,498.388 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 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. F3. Expiration Date is the same as Date Exercisable.

FAQ

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

What did Progressive (PGR) Chief Information Officer Steven Broz receive in this Form 4 filing?

Steven Broz received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one Progressive common share, increasing his equity-based compensation position as reported to the SEC in this insider transaction filing.

How many Restricted Stock Units were granted to Progressive (PGR) executive Steven Broz?

Steven Broz was granted 2,926 Restricted Stock Units. These units are derivative securities that convert into an equal number of Progressive common shares upon vesting, subject to the terms and conditions of the company’s compensation plan and award agreement.

What is the vesting schedule for Steven Broz’s Progressive (PGR) RSU award?

The 2,926 RSUs will vest in three equal annual installments. Vesting dates are January 16, 2029, January 15, 2030, and January 21, 2031, with possible earlier vesting or forfeiture under the applicable plan and award agreement provisions.

What does each Restricted Stock Unit represent in the Progressive (PGR) award to Steven Broz?

Each Restricted Stock Unit represents a contingent right to receive one Progressive common share. Actual delivery of shares depends on the RSUs vesting under the company’s equity compensation plan and the specific terms outlined in the award agreement.

How many derivative-equivalent shares does Steven Broz hold after this Progressive (PGR) RSU grant?

After this RSU grant, Steven Broz is reported as holding 12,498.388 derivative-equivalent shares. This figure reflects his position following the 2,926-unit award, as disclosed in the insider transaction report for Progressive’s Chief Information Officer.

Is the RSU grant to Progressive (PGR) executive Steven Broz an open-market stock purchase?

No, the RSU grant is not an open-market stock purchase. It is a compensation-related award classified as an acquisition under code “A,” with no purchase price, reflecting equity incentives rather than a discretionary market buy by the executive.

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

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Accepted by SEC EDGAR 03/25/2026 - 01:53 PM Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

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		2,926		(2)	(3)	Common	2,926	$0	12,498.388	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 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)