Progressive (PGR) CSO acquires 5.44 RSUs; now holds 13,140.906
Progressive Corp. (PGR) reported an insider equity change on Form 4.
Rhea-AI Filing Summary
Progressive Corp. (PGR) reported an insider equity change on Form 4. The company’s Chief Strategy Officer acquired 5.44 restricted stock units (RSUs) on 10/10/2025, coded as an acquisition at $0, reflecting RSUs received through the reinvestment of dividend equivalents. Each RSU represents a contingent right to receive one common share.
Following the transaction, the officer beneficially owns 13,140.906 derivative securities directly. These dividend-equivalent RSUs will vest at the same time as the related RSUs, and the expiration date is the same as the date exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5.44 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- 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.
- F3. Expiration Date is the same as the Date Exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Progressive (PGR) disclose in this Form 4?
How many derivative securities does the officer hold after the transaction?
What does each RSU represent for PGR?
How do the dividend-equivalent RSUs vest?
What was the transaction price for the acquired RSUs?
What are the exercisable and expiration dates for these RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.