[Form 4] PROGRESSIVE CORP/OH/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Progressive Corp. Claims President John Jo Murphy sold 5,916 shares of common stock at $200 per share in an open-market transaction. The sale was made under a Rule 10b5-1 trading plan adopted on February 19, 2026. After the sale, Murphy directly holds 41,289.925 common shares and indirectly holds 15,175.245 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,916 shares ($1,183,200)
Net Sell
2 txns
Insider
Murphy John Jo
Role
Claims President
Sold
5,916 shs ($1.18M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 5,916 | $200.00 | $1.18M |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 41,289.925 shares (Direct, null);
Common — 15,175.245 shares (Indirect, 401(k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,916 shares
Sale price: $200.00 per share
Direct holdings after sale: 41,289.925 shares
+3 more
6 metrics
Shares sold
5,916 shares
Open-market sale of common stock
Sale price
$200.00 per share
Price for the 5,916 shares sold
Direct holdings after sale
41,289.925 shares
Common shares held directly post-transaction
Indirect 401(k) holdings
15,175.245 shares
Common shares held indirectly via 401(k) plan
Net shares sold
5,916 shares
Net sell activity in this Form 4
Rule 10b5-1 plan adoption date
February 19, 2026
Date Murphy adopted the trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, indirect ownership, 401(k) Plan
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction ... was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of February 19, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect"
401(k) Plan financial
"nature_of_ownership: 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
