Progressive Claims President Sells $1.04M in Stock Through Trading Plan
Progressive Corporation (PGR) Claims President John Jo Murphy reported a significant insider transaction on June 20, 2025.
Rhea-AI Filing Summary
Progressive Corporation (PGR) Claims President John Jo Murphy reported a significant insider transaction on June 20, 2025. The executive sold 4,000 shares at $260.38 per share, representing a total transaction value of approximately $1.04 million.
Following the transaction, Murphy's holdings include:
- 41,289 shares held directly
- 15,162 shares held indirectly through a 401(k) Plan
The sale was executed under a Rule 10b5-1 trading plan established on March 20, 2025, which provides a pre-scheduled trading framework to avoid insider trading concerns. The transaction was reported via Form 4 filing on June 23, 2025, within the required reporting timeline.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 4,000 | $260.38 | $1.04M |
| holding | Common | -- | -- | -- |
Footnotes (1)
- F1. This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of March 20, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is John Murphy's remaining PGR stock ownership after the June 2025 transaction?
Was PGR insider John Murphy's stock sale part of a 10b5-1 trading plan?
What is John Murphy's position at Progressive Corporation (PGR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.