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

Rhea-AI Filing Summary

Progressive (PGR) reported an insider equity change by its President and CEO, who also serves as a Director. On 10/10/2025, the reporting person acquired 18.875 Restricted Stock Units (RSUs) (Transaction Code A) at $0 through dividend equivalent reinvestment. Following this, the number of derivative securities beneficially owned is 45,594.797, held Direct (D).

Each RSU represents the right to receive one common share. These dividend-equivalent units vest at the same time as the related RSUs. The expiration date is the same as the date exercisable.

Insights

Equity compensation analyst

Routine Form 4 showing small RSU credit via dividends.

The filing records 18.875 RSUs credited on 10/10/2025 through dividend-equivalent reinvestment at $0. Each RSU corresponds to one common share. This is a standard, non-cash addition tied to existing awards.

The units vest on the same schedule as the underlying RSUs, indicating no new grant terms or accelerations. Total RSUs beneficially owned after the transaction are 45,594.797, held directly.

Given the small quantity and routine nature, this event is administratively informational rather than financially material. Actual impact depends on future vesting and settlement terms already in place.

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).

1. Name and Address of Reporting Person^*

Griffith Susan Patricia

(Last) (First) (Middle)

300 NORTH COMMONS BLVD.

(Street)

MAYFIELD VILLAGE OH 44143

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
10/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	10/10/2025		A		18.875		(2)	(3)	Common	18.875	$0	45,594.797	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	10/14/2025
	** 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.

FAQ

What did PGR disclose in this Form 4?

The President and CEO, also a Director, acquired 18.875 RSUs on 10/10/2025 via dividend equivalents at $0.

How many derivative securities does the insider own after the transaction for PGR?

The filing shows 45,594.797 derivative securities beneficially owned following the reported transaction.

What does each RSU represent for Progressive (PGR)?

Each RSU represents a contingent right to receive one common share of Progressive.

How do the dividend-equivalent RSUs vest for PGR?

They vest at the same time as the related RSUs to which they correspond.

What was the transaction code and price in the PGR Form 4?

Transaction Code A (acquisition) at a price of $0 through dividend equivalent reinvestment.

What is the ownership form reported for these RSUs in PGR?

The ownership form is reported as Direct (D).