Progressive Corp (PGR) CIO gets 10,959-share award, 4,832 withheld

Rhea-AI Filing Summary

On July 24, 2026, Progressive Corp’s Chief Information Officer Steven Broz received 10959.3190 common shares upon vesting of performance-based restricted stock unit awards granted in 2023, including dividend equivalents, and had 4832.0000 shares withheld at 211.9000 per share as a payment of exercise price or tax liability reported under code F.

Insider Trade Summary

Net Buyer: 6,127.319 shares

Net Buy 2 txns

Insider Broz Steven

Role Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Common F1	10,959.319	$0.00	$0.00
Exercise Price or Tax Liability	Common	4,832	$211.90	$1.02M

Holdings After Transaction: Common — 32,481.945 shares (Direct)

Footnotes (1)

1. F1. These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2023, including dividend equivalents accrued since the grant date.

Key Figures

Shares acquired from RSU vesting: 10959.3190 shares Shares withheld under code F: 4832.0000 shares Code F transaction price per share: 211.9000 per share

3 metrics

Shares acquired from RSU vesting 10959.3190 shares Performance-based restricted stock unit awards vested on 2026-07-24

Shares withheld under code F 4832.0000 shares Payment of exercise price or tax liability on 2026-07-24

Code F transaction price per share 211.9000 per share Price applied to 4832.0000 withheld shares on 2026-07-24

Key Terms

performance-based restricted stock unit awards, dividend equivalents, Payment of exercise price or tax liability

3 terms

performance-based restricted stock unit awards financial

"These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2023"

dividend equivalents financial

"including dividend equivalents accrued since the grant date"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Payment of exercise price or tax liability financial

"transaction code F described as Payment of exercise price or tax liability by delivering or withholding securities"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 10:17 AM Accepted by SEC EDGAR 07/28/2026 - 10:16 AM Learn about SEC filing dates

FAQ

What insider transactions did Progressive (PGR) report for Steven Broz?

Progressive reported that CIO Steven Broz received 10959.3190 common shares on July 24, 2026 from vesting performance-based RSUs and had 4832.0000 shares withheld at 211.9000 per share as a payment of exercise price or tax liability under code F.

How many Progressive (PGR) shares did Steven Broz receive from RSU vesting?

Steven Broz received 10959.3190 common shares in connection with the vesting of performance-based restricted stock unit awards made in 2023, including dividend equivalents accrued since the grant date, as reported in the Form 4 for July 24, 2026.

How many Progressive (PGR) shares were withheld under code F and at what price?

The filing shows 4832.0000 shares of Progressive common stock withheld under transaction code F at 211.9000 per share. Code F covers payment of exercise price or tax liability by delivering or withholding securities in connection with the reported equity award event.

Was Steven Broz’s Progressive (PGR) transaction tied to a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox was not affirmed for these transactions, and no footnotes reference a trading plan. This indicates the reported grant and withholding were not identified as occurring under a pre-arranged Rule 10b5-1 trading arrangement.

What type of equity awards vested for Progressive (PGR) executive Steven Broz?

The shares issued to Steven Broz reflect vesting of performance-based restricted stock unit awards made in 2023, including dividend equivalents accrued since the grant date, resulting in the issuance of 10959.3190 common shares on July 24, 2026.

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^*

Broz Steven

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

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	07/24/2026		A(1)		10,959.319	A	$0	37,313.945	D
Common	07/24/2026		F		4,832	D	$211.9	32,481.945	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. These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2023, including dividend equivalents accrued since the grant date.

	/s/ Allyson L. Bach, By Power of Attorney	07/28/2026
	** 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)