Progressive CFO awarded 481 restricted stock units

Quigg Andrew J reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 07/22/2026 - 11:24 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Quigg Andrew J reported acquisition or exercise transactions in this Form 4 filing.

Progressive Corporation VP and Chief Financial Officer Andrew J. Quigg received a grant of 481 Restricted Stock Units on July 20, 2026. Each unit represents a contingent right to one common share and will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture. Following this award, he directly holds 12,643.48 restricted stock units.

Insider Trade Summary

Grant/Award: 481 shares

Grant/Award 1 txn

Insider Quigg Andrew J

Role VP and Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2, F3	481	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 12,643.48 contracts (Direct)

Holdings Before and After: Restricted Stock Unit, 12,162.48 to 12,643.48 contracts (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
2. 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.
3. F3. Expiration Date is the same as the Date Exercisable.

Key Figures

RSUs granted: 481 restricted stock units RSU holdings after grant: 12,643.48 units First vesting date: January 16, 2029 +2 more

5 metrics

RSUs granted 481 restricted stock units Grant to VP and Chief Financial Officer on July 20, 2026

RSU holdings after grant 12,643.48 units Directly held restricted stock units following the reported transaction

First vesting date January 16, 2029 First of three equal annual RSU vesting installments

Second vesting date January 15, 2030 Second of three equal annual RSU vesting installments

Third vesting date January 21, 2031 Final RSU vesting installment under this grant

Key Terms

Restricted Stock Unit, contingent right, forfeiture, Expiration Date

4 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit represents a contingent right to receive one Common Share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"represents a contingent right to receive one Common Share of the Company's stock"

forfeiture financial

"subject to earlier vesting or forfeiture in accordance with the plan and the award agreement"

Expiration Date financial

"Expiration Date is the same as the Date Exercisable"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

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

What insider transaction did Progressive (PGR) report for CFO Andrew J. Quigg?

Progressive (PGR) reported that CFO Andrew J. Quigg received a grant of 481 Restricted Stock Units on July 20, 2026. These equity awards are part of his compensation and convert into common shares as they vest over three annual installments from 2029 to 2031.

How many Progressive (PGR) restricted stock units were granted and when do they vest?

Andrew J. Quigg was granted 481 Restricted Stock Units by Progressive (PGR). The units 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 plan and award agreement.

How many Progressive (PGR) restricted stock units does Andrew J. Quigg hold after this grant?

After the reported grant, Andrew J. Quigg directly holds 12,643.48 restricted stock units in Progressive (PGR). This figure reflects his total direct RSU position in the company’s equity compensation plan as of the transaction date reported in the filing.

What does each Restricted Stock Unit represent in Progressive (PGR)'s grant to the CFO?

Each Restricted Stock Unit in this grant represents a contingent right to receive one common share of Progressive (PGR). Actual delivery of common shares occurs only upon vesting, in accordance with the company’s equity compensation plan and the specific award agreement terms.

Is the RSU grant to Progressive (PGR)'s CFO reported as part of a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan for this transaction. The award is reported as a compensation-related grant, not as a sale or purchase executed under a pre-arranged trading plan for the CFO’s existing holdings.

Does the Progressive (PGR) RSU award to the CFO have an expiration date?

The filing notes that the Expiration Date is the same as the Date Exercisable for this RSU award. In practice, settlement into common shares is tied to the vesting schedule and the governing equity plan and award agreement terms applicable to the grant.

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

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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^*

Quigg Andrew J

(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)
	VP and Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

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

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
Restricted Stock Unit	(1)	07/20/2026		A		481		(2)	(3)	Common	481	$0	12,643.48	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

2. 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.

3. Expiration Date is the same as the Date Exercisable.

	/s/ Allyson L. Bach, By Power of Attorney	07/22/2026
	** 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)