Progressive CHRO receives small RSU dividend grant

Progressive Corp Chief Human Resources Officer William L. Clawson II received a grant of 5.090 Restricted Stock Units on 2026-07-10.

Rhea-AI Filing Summary

Progressive Corp Chief Human Resources Officer William L. Clawson II received a grant of 5.090 Restricted Stock Units on 2026-07-10. The units were acquired through the reinvestment of dividend equivalents and are a compensation-related grant, not an open-market stock purchase.

Each Restricted Stock Unit represents a contingent right to receive one common share, and these units will vest at the same time as the related Restricted Stock Units. Following this award, Clawson holds 11,701.547 Restricted Stock Units directly.

Insider Trade Summary

Grant/Award: 5.09 shares

Grant/Award 1 txn

Insider Clawson William L. II

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2, F3	5.09	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 11,701.547 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: 5.090 Restricted Stock Units Total RSUs after transaction: 11,701.547 Restricted Stock Units Transaction date: 2026-07-10

3 metrics

RSUs granted 5.090 Restricted Stock Units Compensation-related grant via dividend equivalent reinvestment on 2026-07-10

Total RSUs after transaction 11,701.547 Restricted Stock Units Direct holdings of William L. Clawson II following the award

Transaction date 2026-07-10 Date the Restricted Stock Unit award was credited

Key Terms

Restricted Stock Unit, dividend equivalents, contingent right

3 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

"Each Restricted Stock Unit represents a contingent right to receive one Common Share"

FAQ

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

What insider transaction did Progressive (PGR) report for William L. Clawson II?

Progressive reported that Chief Human Resources Officer William L. Clawson II acquired 5.090 Restricted Stock Units on 2026-07-10. The award was made through dividend equivalent reinvestment, not an open-market purchase.

How many Restricted Stock Units were granted to the Progressive (PGR) CHRO?

The Progressive CHRO received 5.090 Restricted Stock Units. These units were credited as a result of reinvested dividend equivalents and will vest at the same time as the related Restricted Stock Units.

What are William L. Clawson II’s RSU holdings in Progressive (PGR) after this transaction?

After the transaction, William L. Clawson II holds 11,701.547 Restricted Stock Units directly. Each unit represents a contingent right to receive one Progressive common share upon vesting.

Was the Progressive (PGR) CHRO’s RSU acquisition an open-market stock purchase?

No. The CHRO’s acquisition of 5.090 Restricted Stock Units came from reinvested dividend equivalents, making it a compensation-related award rather than an open-market stock purchase or sale.

What does each Restricted Stock Unit represent for Progressive (PGR) insiders?

Each Restricted Stock Unit represents a contingent right to receive one common share of Progressive upon vesting. The units in this filing vest with the related RSUs they are tied to.

When will the new RSUs for the Progressive (PGR) CHRO vest?

The 5.090 new Restricted Stock Units will vest at the same time as the underlying Restricted Stock Units to which they relate, aligning their vesting schedules.

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

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Accepted by SEC EDGAR 07/14/2026 - 10:53 AM 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^*

Clawson William L. II

(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 Human Resources Officer

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		5.09		(2)	(3)	Common	5.09	$0	11,701.547	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)