Progressive director granted 1,779 restricted shares

Snyder Barbara R reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Snyder Barbara R reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corporation director Barbara R. Snyder received a grant of 1,779 shares of common stock as compensation. The award is restricted stock under The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan and represents 100% of her compensation for the 2026-2027 board term. The restricted shares will vest on April 9, 2027. Following this grant, Snyder directly holds a total of 12,475.479 Progressive common shares.

Insider Trade Summary

Grant/Award: 1,779 shares

Grant/Award 1 txn

Insider Snyder Barbara R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common	1,779	$0.00	$0.00

Holdings After Transaction: Common — 12,475.479 shares (Direct)

Footnotes (1)

1. F1. Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan, and which will vest on April 9, 2027. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2026-2027 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 100% restricted stock. After considering such preference, the Compensation and Talent Committee granted a restricted stock award representing 100% of the reporting person's compensation for the 2026-2027 term.

Key Figures

Restricted stock grant: 1,779 shares Grant price: $0.00 per share Post-transaction holdings: 12,475.479 shares +2 more

5 metrics

Restricted stock grant 1,779 shares Restricted common stock awarded for 2026-2027 director term

Grant price $0.00 per share Equity compensation, no cash paid by director

Post-transaction holdings 12,475.479 shares Total Progressive common shares held directly after grant

Vesting date April 9, 2027 Date when 1,779 restricted shares vest

Compensation term 2026-2027 Grant represents 100% of director compensation for this term

Key Terms

restricted stock, Amended and Restated 2017 Directors Equity Incentive Plan, vest, compensation for the 2026-2027 term

4 terms

restricted stock financial

"Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Amended and Restated 2017 Directors Equity Incentive Plan financial

"Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan"

vest financial

"restricted stock grant ... which will vest on April 9, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

compensation for the 2026-2027 term financial

"granted a restricted stock award representing 100% of the reporting person's compensation for the 2026-2027 term"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Progressive (PGR) director Barbara R. Snyder report on this Form 4?

Barbara R. Snyder reported receiving a grant of 1,779 shares of Progressive common stock. The shares are restricted stock awarded as compensation for her 2026-2027 director term and were acquired at no cash cost under the company’s directors equity incentive plan.

How many Progressive (PGR) shares does Barbara R. Snyder hold after this transaction?

After the restricted stock grant, Barbara R. Snyder directly holds 12,475.479 Progressive common shares. This total includes the newly granted 1,779 restricted shares awarded for her 2026-2027 board compensation under The Progressive Corporation’s Amended and Restated 2017 Directors Equity Incentive Plan.

What type of equity award did Progressive (PGR) grant to director Barbara R. Snyder?

Progressive granted Barbara R. Snyder restricted stock totaling 1,779 common shares. The award was made under the Amended and Restated 2017 Directors Equity Incentive Plan and represents her entire compensation for the 2026-2027 director term, instead of a mix of cash and stock.

When will Barbara R. Snyder’s new Progressive (PGR) restricted shares vest?

The 1,779 restricted shares granted to Barbara R. Snyder will vest on April 9, 2027. Until vesting, the award remains subject to the plan’s restrictions, reflecting standard board compensation structure rather than an open-market stock purchase or sale by the director.

How was Progressive (PGR) director compensation structured for the 2026-2027 term?

For the 2026-2027 term, Progressive allowed each director to choose 100% restricted stock or 60% restricted stock and 40% cash. Barbara R. Snyder chose 100% restricted stock, and the Compensation and Talent Committee granted 1,779 shares representing her full compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/12/2026 - 11:27 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^*

Snyder Barbara R

(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)
05/08/2026

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	05/08/2026		A(1)		1,779	A	$0	12,475.479	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. Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan, and which will vest on April 9, 2027. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2026-2027 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 100% restricted stock. After considering such preference, the Compensation and Talent Committee granted a restricted stock award representing 100% of the reporting person's compensation for the 2026-2027 term.

	/s/ Allyson L. Bach, By Power of Attorney	05/12/2026
	** 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)