Progressive Corp (PGR) CEO reports 6043-share stock gift and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Progressive Corp (PGR) President and CEO Susan Patricia Griffith reported a bona fide gift of 6043.0000 shares of Progressive common stock on July 13, 2026 at a reported price of 0.0000 per share, made under a pre-arranged 10b5-1 trading plan adopted March 30, 2026. Following the gift, she holds 485437.5470 shares directly and additional indirect interests, including 53737.0960 shares in a trust for the benefit of her spouse, 19108.0000 shares as her husband's common holdings, and 16788.4810 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
6,043 shares gifted
Mixed
4 txns
Insider
Griffith Susan Patricia
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common | 6,043 | $0.00 | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 485,437.547 shares (Direct);
Common — 16,788.481 shares (Indirect, 401(k) Plan)
Footnotes (1)
- This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of March 30, 2026. Held in a trust for the benefit of reporting person's spouse.
Key Figures
Shares gifted: 6043.0000 shares of common stock
Direct holdings after transaction: 485437.5470 shares
Husband's Trust indirect holdings: 53737.0960 shares
+3 more
6 metrics
Shares gifted
6043.0000 shares of common stock
Bona fide gift on July 13, 2026
Direct holdings after transaction
485437.5470 shares
Common shares held directly by Susan Griffith following the gift
Husband's Trust indirect holdings
53737.0960 shares
Held in a trust for the benefit of the reporting person’s spouse
Husband's common stock holdings
19108.0000 shares
Reported as indirect ownership labeled Husband's Common
401(k) Plan holdings
16788.4810 shares
Indirect ownership through a 401(k) Plan
10b5-1 plan adoption date
March 30, 2026
Date the 10b5-1 trading plan governing this transaction was adopted
Key Terms
10b5-1 trading plan, Bona fide gift, indirect ownership, 401(k) Plan
4 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.
Bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: Husband's Trust"
401(k) Plan financial
"nature_of_ownership: 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did Progressive (PGR) CEO Susan Griffith report on July 13, 2026?
Susan Griffith reported a bona fide gift of 6043.0000 common shares of Progressive on July 13, 2026. The filing lists the transaction as a gift at a reported price of 0.0000 per share, rather than an open-market purchase or sale.
How are Susan Griffith’s indirect Progressive (PGR) holdings structured in this filing?
Indirect holdings are reported as 53737.0960 shares in a trust for the benefit of her spouse, 19108.0000 shares as her husband’s common stock, and 16788.4810 shares in a 401(k) Plan. These are categorized as indirect (I) ownership entries.