Progressive (PGR) CIO reports 5.673 RSUs from dividend equivalents
Progressive Corp. (PGR) reported an insider equity change: its Chief Information Officer acquired 5.673 restricted stock units on 10/10/2025, recorded as an A (acquired) transaction at $0, reflecting dividend equivalent reinvestment.
Rhea-AI Filing Summary
Progressive Corp. (PGR) reported an insider equity change: its Chief Information Officer acquired 5.673 restricted stock units on 10/10/2025, recorded as an A (acquired) transaction at $0, reflecting dividend equivalent reinvestment.
Each RSU represents a contingent right to receive one common share. After this transaction, the reporting person beneficially owned 13,704.252 derivative securities (RSUs) on a direct basis. These dividend-equivalent units will vest at the same time as the related RSUs, and the expiration date is the same as the date exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5.673 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- F2. These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
- F3. Expiration Date is the same as the Date Exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Progressive (PGR) disclose in this Form 4?
How many RSUs does the reporting person hold after the transaction?
What is the value or price reported for the RSU acquisition?
Who is the insider and their role at Progressive (PGR)?
What do these RSUs represent for PGR?
When will the dividend-equivalent RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.