Progressive (NYSE: PGR) director sells 7,000 shares around $216 each

Rhea-AI Filing Summary

Progressive Corporation director Jeffrey D. Kelly reported an open-market sale of 7,000 Common shares at a weighted average price of $216.3316 per share. The trade occurred in multiple transactions between $216.08 and $216.72 per share. After the sale, he directly holds 22,546 shares.

Insider Trade Summary

Net Seller: 7,000 shares ($1,514,321)

Net Sell 1 txn

Insider KELLY JEFFREY D

Role null

Sold 7,000 shs ($1.51M)

Type	Security	Shares	Price	Value
Sale	Common	7,000	$216.3316	$1.51M

Holdings After Transaction: Common — 22,546 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 7,000 shares Weighted average sale price: $216.3316 per share Post-transaction holdings: 22,546 shares +2 more

5 metrics

Shares sold 7,000 shares Open-market sale of common stock

Weighted average sale price $216.3316 per share Price for 7,000 shares sold

Post-transaction holdings 22,546 shares Common shares directly owned after sale

Price range of trades $216.08–$216.72 per share Range for multiple sale transactions

Net shares sold 7,000 shares Net selling activity in this Form 4

Key Terms

open-market sale, weighted average price, Form 4, Common

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is the weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Form 4 regulatory

"This Form 4 includes one non-derivative transaction in common stock."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common financial

"security_title: "Common""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 11:58 AM Accepted by SEC EDGAR 06/25/2026 - 11:57 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^*

KELLY JEFFREY D

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026

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
Common	06/24/2026		S		7,000	D	$216.3316(1)	22,546	D

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. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $216.08 and $216.72, inclusive. The reporting person undertakes to provide to The Progressive Corporation, any security holder of The Progressive Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Allyson L. Bach, By Power of Attorney	06/25/2026
	** 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)

FAQ

What insider transaction did Progressive (PGR) director Jeffrey D. Kelly report?

Jeffrey D. Kelly reported selling 7,000 shares of Progressive common stock in an open-market transaction. The sale was disclosed on a Form 4 insider report, which shows changes in his direct ownership position in the company.

At what price did Jeffrey D. Kelly sell Progressive (PGR) shares?

The reported weighted average sale price was $216.3316 per share. According to the filing, the 7,000 shares were sold in multiple trades, with individual prices ranging from $216.08 to $216.72, all within that stated range.

How many Progressive (PGR) shares does Jeffrey D. Kelly own after this sale?

After the reported sale, Jeffrey D. Kelly directly owns 22,546 Progressive common shares. This figure reflects his remaining direct holdings following the 7,000-share open-market disposition disclosed in the Form 4 filing.

What type of transaction is shown in this Progressive (PGR) Form 4 filing?

The filing reports an open-market sale coded as “S” for common stock. This indicates Kelly sold shares on the market or in a private transaction, rather than receiving them as compensation or through option exercises.

Does the Progressive (PGR) filing mention how the 7,000 shares were priced?

Yes. The filing states the column price is a weighted average for multiple trades. The 7,000 shares were sold in individual transactions at prices between $216.08 and $216.72 per share, inclusive, all contributing to the average.