PGR Form 4: Director acquires 9.4385 phantom units, total 22,801.2736
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Progressive (PGR): A company director reported acquiring 9.4385 phantom stock units on 10/10/2025, coded “A,” at a price of $0 through the reinvestment of dividend equivalents. Each unit is structured on a 1-for-1 basis with common stock.
The units are payable in cash at the time elected by the reporting person or as determined under the plan. Following the transaction, direct beneficial ownership totals 22,801.2736 phantom stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bleser Philip
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit (rest. Stock) | 9.439 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Unit (rest. Stock) — 22,801.274 shares (Direct)
Footnotes (1)
- 1 for 1 These units, which were acquired upon the reinvestment of dividend equivalents, will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the plan. Expiration Date is the same as the Date Exercisable.
FAQ
What did Progressive (PGR) disclose in this Form 4?
A director acquired 9.4385 phantom stock units on 10/10/2025 via dividend equivalents at $0.
How many phantom stock units does the PGR director hold after the transaction?
Direct beneficial ownership is 22,801.2736 phantom stock units after the reported acquisition.
What is the structure of the phantom stock units at Progressive (PGR)?
They are on a 1-for-1 basis with common stock and are paid in cash under the plan terms.
What was the transaction code in the PGR Form 4 filing?
The transaction code was A, indicating an acquisition.
How were the PGR phantom units acquired?
They were acquired through the reinvestment of dividend equivalents at $0.
Is the ownership direct or indirect for these PGR units?
The filing indicates Direct (D) ownership.