Progressive CEO sells 37,338 shares under trading plan
Progressive Corp’s President and CEO, Susan Patricia Griffith, sold 37,338 shares of Progressive common stock on 2026-07-27 at an average price of $212.71 per share, classified as a sale in an open market or private transaction.
Rhea-AI Filing Summary
Progressive Corp’s President and CEO, Susan Patricia Griffith, sold 37,338 shares of Progressive common stock on 2026-07-27 at an average price of $212.71 per share, classified as a sale in an open market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on March 30, 2026. Following the sale, she holds 522,775.572 shares directly, plus indirect holdings of 16,788.481 shares in a 401(k) Plan, 19,108 shares held as her husband’s common stock, and 53,737.096 shares in a trust for the benefit of her spouse.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 37,338 shares
Net Sell
4 txns
Insider
Griffith Susan Patricia
Role
President and CEO
Sold
37,338 shs ($7.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common F1 | 37,338 | $212.71 | $7.94M |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common F2 | -- | -- | -- |
Holdings After Transaction:
Common — 522,775.572 shares (Direct);
Common — 16,788.481 shares (Indirect, 401(k) Plan);
Common — 19,108 shares (Indirect, Husband's Common);
Common — 53,737.096 shares (Indirect, Husband's Trust)
Footnotes (2)
- F1. 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.
- F2. Held in a trust for the benefit of reporting person's spouse.
Key Figures
Shares Sold: 37,338 shares
Sale Price: $212.71 per share
Direct Holdings After: 522,775.572 shares
+4 more
7 metrics
Shares Sold
37,338 shares
Common shares sold on 2026-07-27 by President and CEO
Sale Price
$212.71 per share
Average price for the 37,338-share sale on 2026-07-27
Direct Holdings After
522,775.572 shares
Direct Progressive common shares held following the reported sale
401(k) Indirect Holdings
16,788.481 shares
Indirect ownership through a 401(k) Plan after the transaction
Husband's Common Holdings
19,108.0000 shares
Indirect ownership reported as husband’s common stock
Husband's Trust Holdings
53,737.0960 shares
Indirect ownership held in a trust for the benefit of spouse
10b5-1 Plan Adoption Date
March 30, 2026
Adoption date of the Rule 10b5-1 trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan, 401(k) Plan, indirect ownership, trust for the benefit of reporting person's spouse
4 terms
Rule 10b5-1 trading plan regulatory
"transaction reported was made pursuant to a 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
401(k) Plan financial
"total_shares_following_transaction 16,788.481; 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.
indirect ownership financial
"ownership_type "indirect" for 401(k) Plan and spouse-related holdings"
trust for the benefit of reporting person's spouse financial
"Held in a trust for the benefit of reporting person's spouse."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PGR CEO Susan Griffith report in this Form 4?
Susan Patricia Griffith reported a sale of 37,338 Progressive (PGR) common shares on 2026-07-27 at $212.71 per share, executed as a sale in an open market or private transaction under a pre-established Rule 10b5-1 trading plan.
Was the PGR CEO’s sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 30, 2026. Such plans pre-schedule trades, reducing the significance of the trade’s timing as an information signal.
What indirect Progressive (PGR) holdings are reported for the CEO?
Indirectly, the CEO reports 16,788.481 PGR shares in a 401(k) Plan, 19,108 shares as her husband’s common stock, and 53,737.096 shares held in a trust for the benefit of her spouse, all categorized as indirect ownership positions.
What is the total size of the CEO’s reported Progressive (PGR) position?
The filing shows direct ownership of 522,775.572 PGR shares plus multiple indirect positions. These include 16,788.481 shares in a 401(k) Plan, 19,108 shares of husband’s common stock, and 53,737.096 shares in a spouse-benefit trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
