Progressive Corporation Insider Trading Activity

Accepted by SEC EDGAR 07/02/2025 - 11:28 AM EDT Learn about SEC filing dates

Insider Trade Summary

774.1134 shares exercised/converted

Exercise 3 txns

Insider Snyder Barbara R

Role Director

Type	Security	Shares	Price	Value
Exercise	Phantom Stock Unit (rest. Stock)	774.1134	$0.00	$0.00
Exercise	Common	774.1134	$0.00	$0.00
Disposition	Common	56.1134	$265.488	$15K

Holdings After Transaction: Phantom Stock Unit (rest. Stock) — 21,033.7002 contracts (Direct); Common — 10,696.479 shares (Direct)

Holdings Before and After: Phantom Stock Unit (rest. Stock), 21,807.8136 to 21,033.7002 contracts (Direct); Common, 9,978.479 to 10,696.479 shares (Direct)

Footnotes (4)

1. F1. Reflects a distribution under a director deferral plan pursuant to previously made elections. In accordance with the plan, the restricted shares originally deferred were distributed in the form of Common Shares and all related dividend equivalent units were distributed in the form of cash.
2. F2. 1 for 1
3. F3. Units deferred from restricted Common Shares upon vesting will be distributed in an equivalent number of Common Shares at the time elected by the reporting person or at such other time determined in accordance with the deferral plan. Units 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 deferral plan.
4. F4. Expiration Date is the same as the Date Exercisable.

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Form 4 Insider Transactions: What Each Field Means →

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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^*

Snyder Barbara R

(Last) (First) (Middle)

300 NORTH COMMONS BLVD.

(Street)

MAYFIELD VILLAGE OH 44143

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROGRESSIVE CORP/OH/ [ PGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common	07/01/2025		M(1)		774.1134	A	$0	10,752.5924	D
Common	07/01/2025		D(1)		56.1134	D	$265.488	10,696.479	D

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
Phantom Stock Unit (rest. Stock)	$0(2)	07/01/2025		M			774.1134	(3)	(4)	Common	774.1134	$0	21,033.7002	D

Explanation of Responses:

1. Reflects a distribution under a director deferral plan pursuant to previously made elections. In accordance with the plan, the restricted shares originally deferred were distributed in the form of Common Shares and all related dividend equivalent units were distributed in the form of cash.

2. 1 for 1

3. Units deferred from restricted Common Shares upon vesting will be distributed in an equivalent number of Common Shares at the time elected by the reporting person or at such other time determined in accordance with the deferral plan. Units 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 deferral plan.

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

	/s/ Allyson L. Bach, By Power of Attorney	07/02/2025
	** 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.