[Form 4] PROGRESSIVE CORP/OH/ Insider Trading Activity
Rhea-AI Filing Summary
Progressive Corp. President and CEO Susan Patricia Griffith reported equity award activity involving company Common Shares. On January 20, 2026, 23,909.335 restricted stock units vested and were converted into the same number of Common Shares at an exercise price of $0, reflecting previously granted equity compensation. On the same date, 10,005 Common Shares were withheld at $201.32 per share to cover tax obligations, leaving 485,190.378 Common Shares held directly after the transactions.
Griffith also reports indirect beneficial ownership of Progressive Common Shares, including 16,772.434 shares in a 401(k) plan, 19,108 shares attributed to her husband, and 53,737.096 shares held in a trust for the benefit of her spouse. Following these transactions, she holds 24,603.186 restricted stock units directly, each representing a contingent right to receive one Common Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 23,909.335 | $0.00 | -- |
| Exercise | Common | 23,909.335 | $0.00 | -- |
| Tax Withholding | Common | 10,005 | $201.32 | $2.01M |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Footnotes (1)
- Represents Common Shares issued upon the vesting of restricted stock unit awards, including dividend equivalent units. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares. Held in a trust for the benefit of reporting person's spouse. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock. Units vested on January 20, 2026. Expiration Date is the same as the Date Exercisable.
