Progressive (PGR) CHRO acquires 4.6 RSUs; total 11,113.618
Progressive Corp (PGR) reported an insider equity update.
Rhea-AI Filing Summary
Progressive Corp (PGR) reported an insider equity update. The company’s Chief Human Resources Officer acquired 4.6 Restricted Stock Units (RSUs) on 10/10/2025, recorded at a price of $0. Each RSU represents the right to receive one common share.
The filing states these units were acquired through the reinvestment of dividend equivalents and will vest at the same time as the related RSUs. Following this transaction, the officer beneficially owns 11,113.618 derivative securities directly. This is an administrative equity accrual tied to existing awards rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4.6 | $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?
Who is the reporting person in PGR’s filing?
How many derivative securities are held after the transaction?
What does each RSU represent at Progressive (PGR)?
How did the 4.6 RSUs arise?
Was there any cash consideration for the RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.