[Form 4] PROGRESSIVE CORP/OH/ Insider Trading Activity

Rhea-AI Filing Summary

Pumarejo Maribel reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corp (PGR) reported a compensation-related equity grant to a senior executive. Chief Marketing Officer Maribel Pumarejo received 2,682 Restricted Stock Units, each representing a contingent right to one common share. Following this award, she holds 7,764.705 RSUs. These units are scheduled to vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to the plan and award agreement terms, including potential earlier vesting or forfeiture.

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

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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^*

Pumarejo Maribel

(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 Marketing Oficer

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	$0(1)	03/24/2026		A		2,682		(2)	(3)	Common	2,682	$0	7,764.705	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 the 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)

FAQ

What insider transaction did Progressive Corp (PGR) disclose for Maribel Pumarejo?

Progressive disclosed that Chief Marketing Officer Maribel Pumarejo received 2,682 Restricted Stock Units as an equity award. Each unit represents a contingent right to one common share, increasing her total RSU holdings to 7,764.705 units after the transaction.

What are the terms of the Restricted Stock Units granted to PGR executive Maribel Pumarejo?

The grant consists of 2,682 Restricted Stock Units, each linked to one common share. These units vest in three equal annual installments in 2029, 2030, and 2031, and remain subject to earlier vesting or forfeiture under the company’s equity plan and award agreement.

When will the new Restricted Stock Units for PGR’s Chief Marketing Officer vest?

The 2,682 Restricted Stock Units are scheduled to vest in three equal installments. Vesting dates are January 16, 2029, January 15, 2030, and January 21, 2031, assuming continued satisfaction of the plan and award agreement conditions during the vesting period.

How many Restricted Stock Units does Maribel Pumarejo hold after this PGR Form 4 filing?

After receiving the new award, Maribel Pumarejo holds 7,764.705 Restricted Stock Units. These derivative holdings represent contingent rights to receive an equivalent number of Progressive common shares, subject to vesting schedules and any applicable forfeiture or early-vesting provisions in the governing documents.

Is the PGR Form 4 transaction a market purchase or sale of shares?

No, the transaction reflects a grant of 2,682 Restricted Stock Units as compensation, not an open-market trade. The award has a reported price of $0.0000 per unit and represents a non-cash equity-based incentive tied to future vesting of common shares.