Progressive CHRO awarded 2,926 RSUs
Clawson William L. II reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Clawson William L. II reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) Chief Human Resources Officer William L. Clawson II received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one common share. After this award, he holds 11,690.512 restricted stock units directly.
The units will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s plan and award agreement. This is a routine compensation-related equity grant, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,926 | $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 will vest in three equal annual installments on each of January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
- F3. Expiration Date is the same as the Date Exercisable.
FAQ
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What insider transaction did Progressive (PGR) report for William L. Clawson II?
How many Restricted Stock Units did the PGR executive hold after this grant?
When do William L. Clawson II’s new Progressive (PGR) RSUs vest?
What does each Restricted Stock Unit represent in the Progressive (PGR) filing?
Was the Progressive (PGR) Form 4 a stock sale or purchase by the executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.