Here are the Form 4 insider transactions from Progressive Corporation (PGR) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow PGR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PGR filings page.
Progressive Corp's Personal Lines President Patrick K. Callahan received additional equity-based compensation in the form of derivative awards. On April 10, 2026, he acquired 7.808 Restricted Stock Units and 49.678 Deferred Compensation Units, both at a stated price of $0.00 per unit. Each Restricted Stock Unit represents a contingent right to receive one common share, while the Deferred Compensation Units will be settled in cash according to the company plan.
Progressive Corp (PGR) Chief Information Officer Steven Broz reported a routine compensation-related equity transaction. On April 10, 2026, he acquired 6.355 Restricted Stock Units, representing a contingent right to receive an equal number of common shares.
The units were acquired through the reinvestment of dividend equivalents tied to existing Restricted Stock Units and will vest at the same time as the related awards. Following this grant, Broz directly holds a total of 12,504.743 Restricted Stock Units, reflecting ongoing equity-based compensation rather than an open-market trade.
Progressive Corp (PGR) Chief Investment Officer receives small RSU dividend award. On April 10, 2026, Chief Investment Officer Jonathan S. Bauer acquired 6.153 Restricted Stock Units through the reinvestment of dividend equivalents. Each unit represents a contingent right to receive one common share, increasing his direct RSU holdings to 12,107.749 units. These new units will vest at the same time as the related underlying RSUs, making this a routine, compensation-linked adjustment rather than an open-market stock purchase or sale.
Bailo Karen reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) Commercial Lines President Karen Bailo received a small grant of 7.328 Restricted Stock Units (RSUs) through dividend reinvestment. Each RSU represents a contingent right to receive one Progressive common share. After this grant, she holds a total of 14,417.354 RSUs directly. These additional units will vest at the same time as the related RSUs, so they follow the same long-term compensation schedule rather than reflecting an open-market stock purchase or sale.
Stringer David M reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. executive David M. Stringer received a grant of 2,926 restricted stock units. Each unit represents a contingent right to one common share. After this award, he holds 9,144.066 units directly. The RSUs vest in three equal installments in 2029, 2030, and 2031, subject to earlier vesting or forfeiture under the plan.
Sauerland John P reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. reported that its Vice President and Chief Financial Officer, John P. Sauerland, received a grant of 3,901 Restricted Stock Units. Each unit represents a contingent right to receive one common share. Following this award, his reported RSU holdings total 16,731.542 units.
The RSUs will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s compensation plan and award agreement. This is a compensation-related equity award rather than an open-market stock purchase or sale.
Quigg Andrew J reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) Chief Strategy & Finance Manager Andrew J. Quigg received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to one common share. The units vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to the plan and award terms. After this award, Quigg holds 12,151.01 RSUs directly.
Pumarejo Maribel reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) reported a compensation-related equity grant to a senior executive. Chief Marketing Officer Maribel Pumarejo received 2,682 Restricted Stock Units, each representing a contingent right to one common share. Following this award, she holds 7,764.705 RSUs. These units are scheduled to vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to the plan and award agreement terms, including potential earlier vesting or forfeiture.
Niederst Lori A reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. reported a routine equity grant to CRM President Lori A. Niederst. She received 3,072 Restricted Stock Units, each representing one common share, as a compensation award with no cash paid. After this grant, she holds 12,741.326 restricted units directly. The RSUs will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to the plan’s standard vesting and forfeiture provisions. The filing does not show any share sales, only this stock-based award that increases her equity exposure over time.
Murphy John Jo reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. Claims President John Jo Murphy received a grant of 3,218 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one common share of Progressive stock, bringing his directly held restricted units to 13,750.506 after this award.
The RSUs vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s plan and award agreement. The grant was recorded at no cash cost per unit, reflecting a standard compensation-related award rather than an open‑market purchase.
Joyce Carl G reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. disclosed that Chief Accounting Officer Carl G. Joyce received a grant of 751 Restricted Stock Units as compensation. Each unit represents a contingent right to one common share. These units will vest in three equal annual installments in 2029, 2030, and 2031, subject to earlier vesting or forfeiture under the plan and award agreement. Following this award, Joyce holds a total of 2,248.266 restricted stock units directly.
Griffith Susan Patricia reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corporation President and CEO Susan Patricia Griffith received a grant of 5,608 Restricted Stock Units. Each unit represents a contingent right to receive one common share of Progressive’s stock. After this award, her reported derivative-based holdings from this grant type total 30,211.186 units.
The RSUs will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s compensation plan and the specific award agreement. This is a compensation-related, non-market transaction.
Clawson William L. II reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) Chief Human Resources Officer William L. Clawson II received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one common share. After this award, he holds 11,690.512 restricted stock units directly.
The units will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s plan and award agreement. This is a routine compensation-related equity grant, not an open-market purchase or sale.
Callahan Patrick K reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp.'s Personal Lines President Patrick K. Callahan reported receiving a grant of 3,535 Restricted Stock Units tied to the company’s common shares. Each unit represents a contingent right to receive one common share as part of his equity compensation.
The units will vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the plan and award agreement. Following this grant, Callahan holds 15,353.927 derivative securities related to Progressive common stock directly.
Broz Steven reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp. Chief Information Officer Steven Broz received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one common share of Progressive’s stock.
The RSUs are scheduled to vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the plan. Following this award, Broz holds a reported total of 12,498.388 derivative-equivalent shares.
Bauer Jonathan S. reported acquisition or exercise transactions in this Form 4 filing.
Progressive Corp (PGR) Chief Investment Officer Jonathan S. Bauer received a grant of 2,926 Restricted Stock Units. Each unit represents a contingent right to receive one common share of the company’s stock.
Following this grant, Bauer directly holds 12,101.596 Restricted Stock Units. The new units are scheduled to vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the plan and award agreement.
Progressive Corp. reported that Commercial Lines President Karen Bailo received a grant of 3,413 Restricted Stock Units as equity compensation. Each unit represents a right to receive one common share. Following this award, she holds a total of 14,410.026 shares-related units directly.
The RSUs are scheduled to vest in three equal annual installments on January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture under the company’s plan and award agreement. This is a non-cash, compensation-related acquisition rather than an open-market stock purchase.
Progressive Corp. Chief Accounting Officer Carl G. Joyce reported an open-market sale of 270 shares of Progressive common stock at an average price of $206.495 per share. After this sale, he directly holds 558.260 common shares and indirectly holds additional shares through a 401(k) plan and by spouse.
Progressive Corp's Chief Accounting Officer Carl G. Joyce sold 141 common shares in an open-market transaction at $212.00 per share on March 5, 2026. After this sale, he directly held 828.260 common shares.
He also indirectly held 306.642 common shares through a 401(k) plan and 24.081 common shares held by his spouse as of that date. The reported sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2025.
Progressive Corporation executive Karen Bailo reported an open-market sale of company stock. As Commercial Lines President, she sold 3,517 shares of Progressive common stock at $212 per share on March 5, 2026, in a planned transaction under a Rule 10b5-1 trading plan. After this sale, she directly owns 32,347.698 Progressive shares.
Progressive Corp Chief Marketing Officer Maribel Pumarejo reported an open-market sale of 738.684 shares of common stock at $203.25 per share. After this direct sale, she reported no directly held shares and 1,048.544 shares held indirectly through a 401(k) plan.
Progressive Corp Vice President and Chief Financial Officer John P. Sauerland reported equity compensation activity involving the company’s common shares. On February 20, 2026, he acquired 3,546.369 common shares at a stated price of $0.00 per share, issued upon the vesting of performance-based restricted stock unit awards granted in 2023, including dividend equivalents. On the same date, 1,568 shares were disposed of at $202.27 per share to cover tax liabilities by delivering shares rather than paying cash. After these transactions, he directly owned 229,440.142 common shares and indirectly held 14,451.434 shares through a 401(k) plan.
Progressive Corp President and CEO Susan Patricia Griffith reported equity compensation activity in company common shares. She acquired 11,254.169 shares at no cost through the vesting of performance-based restricted stock unit awards granted in 2023, including dividend equivalents accrued since the grant date. In connection with this vesting, 4,964 shares were delivered at $202.70 per share to satisfy tax liabilities, leaving her with 491,480.547 shares held directly. The filing also lists additional indirect holdings in a 401(k) plan, her husband's common shares, and a trust held for the benefit of her spouse.
Progressive Corp (PGR) Chief Investment Officer Jonathan S. Bauer reported a mix of stock award vesting, tax withholding, and share sales. On February 20, 2026, he acquired 4,220.898 common shares at $0.00 per share from the vesting of performance-based restricted stock units granted in 2023, including dividend equivalents. The same day, 1,954 common shares were disposed of at $202.27 per share to satisfy tax obligations through a tax-withholding disposition. On February 23, 2026, he executed an open-market sale of 2,266 common shares at an average price of $203.05 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. Following these transactions, he directly held 26,249.698 common shares and indirectly held 122.557 common shares through a 401(k) plan.
Progressive Corp Chief Strategy Officer Andrew J. Quigg reported selling 1,649 shares of common stock on January 21, 2026 at a price of $204.35 per share. After this transaction, he beneficially owned 39,626.185 Progressive shares in direct form. The sale was executed under a pre-arranged Rule 10b5-1 trading plan that Quigg adopted on January 30, 2025, which is designed to allow insiders to trade on a scheduled basis.
Progressive Corp. Chief Investment Officer Jonathan S. Bauer reported a sale of 3,105 shares of common stock on January 21, 2026 at $204.35 per share. After this transaction, he held 26,248.8 common shares directly and 122.557 common shares indirectly through a 401(k) plan.
The filing states that this sale was made under a Rule 10b5-1 trading plan adopted by Bauer on August 21, 2025, which is designed to meet the affirmative defense conditions of Rule 10b5-1(c).
Progressive Corp (PGR) executive David M. Stringer, Vice President, Secretary and Chief Legal Officer, reported equity transactions dated January 20, 2026. Restricted stock units covering 1,435.527 Common Shares vested and were converted into the same number of Common Shares at an exercise price of $0.
To cover tax obligations, 469 Common Shares were disposed of at a price of $201.32 per share under transaction code "F". After these transactions, Stringer beneficially owned 4,739.373 Common Shares directly, 81.961 Common Shares indirectly through a 401(k) plan, and 6,218.066 Restricted Stock Units directly.
Progressive Corp (PGR) VP and Chief Financial Officer John P. Sauerland reported routine equity compensation activity. On January 20, 2026, restricted stock units covering 6,776.345 Common Shares vested and were converted into the same number of Common Shares at an exercise price of $0 per share. To cover tax obligations on this vesting, 2,339 Common Shares were disposed of at a price of $201.32 per share. Following these transactions, Sauerland directly owned 227,461.773 Common Shares and indirectly held 14,451.434 Common Shares through a 401(k) Plan, as reported in the filing.
Progressive Corp. Chief Strategy Officer Andrew J. Quigg reported equity award activity involving restricted stock units and common shares. On January 20, 2026, restricted stock units covering 4,756.815 units were converted at $0 per unit into the same number of Progressive common shares, as the units vested on that date. On the same day, there was a disposition of 1,459 common shares at a price of $201.32 per share. After these transactions, Quigg directly held 41,275.185 Progressive common shares and 9,225.01 restricted stock units, each representing a contingent right to receive one common share.
Progressive Corp. Chief Marketing Officer Maribel Pumarejo reported routine equity compensation activity. On January 20, 2026, 1,111.684 restricted stock units vested and were converted into the same number of Common Shares at an exercise price of $0. To cover tax withholding obligations, 373 Common Shares were disposed of at $201.32 per share, leaving 738.684 Common Shares held directly after the transactions.
Following the vesting, Pumarejo also continued to hold 5,082.705 restricted stock units directly, each representing the right to receive one Common Share. In addition, 1,048.544 Common Shares were held indirectly through a 401(k) Plan. The filing reflects compensation-related vesting and associated tax share withholding rather than an open-market discretionary stock sale.
The Progressive Corporation CRM President Lori A. Niederst reported equity award activity and a related share sale. On January 20, 2026, 5,111.734 restricted stock units vested and were converted into an equal number of Progressive common shares at an exercise price of $0. To cover tax obligations on this vesting, 1,586 common shares were disposed of at a price of $201.32 per share.
After these transactions, Niederst directly owned 42,566.231 common shares of Progressive and held 9,669.326 restricted stock units representing additional contingent rights to receive common shares. She also was reported as having 209.399 common shares held indirectly through her husband's 401(k) plan.
Progressive Corp. Claims President John Jo Murphy reported equity award activity involving restricted stock units and common shares of Progressive Corp. (PGR). On January 20, 2026, 5,423.114 restricted stock units were converted into the same number of common shares at an exercise price of $0, reflecting the vesting of prior equity awards. That same day, a separate transaction coded F involved the disposition of 1,723 common shares at $201.32 per share.
After these transactions, Murphy directly beneficially owned 47,205.925 common shares and indirectly held 15,175.024 common shares through a 401(k) plan. Following the vesting, Murphy held 10,532.506 restricted stock units directly, each representing a contingent right to receive one common share.
Progressive Corp. Chief Accounting Officer Joyce Carl G reported the vesting of restricted stock units and related share withholding. On January 20, 2026, 486.118 restricted stock units converted into the same number of Progressive common shares at an exercise price of $0. To cover tax obligations, 172 common shares were disposed of at $201.32 per share, leaving 969.26 common shares directly owned.
Following these transactions, Joyce Carl G also beneficially owned 306.642 common shares indirectly through a 401(k) Plan and 24.081 common shares indirectly through a spouse. The filing clarifies that each restricted stock unit represented a right to receive one common share and that the units vested on January 20, 2026.
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.
Progressive Corp (PGR) insider activity centers on equity awards. Chief Human Resources Officer William L. Clawson II had 3,060.294 restricted stock units convert into the same number of Progressive common shares at an exercise price of $0 on January 20, 2026. To cover tax obligations tied to this vesting, 960 common shares were disposed of at $201.32 per share. After these transactions, he directly owned 15,883.769 Progressive common shares, along with 8,764.512 restricted stock units that remain outstanding.
Callahan Patrick K reported disposition transactions in this Form 4 filing.
Progressive Corp reports that Personal Lines President Patrick K. Callahan had restricted stock units vest on January 20, 2026, resulting in the issuance of 6,270.067 Common Shares, including dividend equivalent units. Each restricted stock unit represented a contingent right to receive one Common Share.
On the same date, 2,028 Common Shares were delivered to satisfy tax obligations at $201.32 per share. Following these transactions, Callahan directly holds 19,433.588 Common Shares of Progressive.
Progressive Corp. (PGR) Chief Information Officer Steven Broz reported equity award activity involving restricted stock units and common shares. On January 20, 2026, 5,008.833 restricted stock units were converted into 5,008.833 common shares at an exercise price of $0. After this transaction, he directly held 31,362.626 common shares and 9,572.388 restricted stock units.
On the same date, 1,538 common shares were disposed of at a price of $201.32 per share, leaving 29,824.626 common shares held directly. Footnotes explain that each restricted stock unit represents a contingent right to receive one common share and that the units vested on January 20, 2026, with the expiration date matching the date exercisable.
Progressive Corp. executive Jonathan S. Bauer, Chief Investment Officer, reported equity compensation activity involving company stock. On January 20, 2026, restricted stock units covering 4,602.284 Common Shares vested and were converted into the same number of Common Shares at a stated price of $0 per share, reflecting the nature of the award. On the same date, Bauer reported a disposition of 1,496 Common Shares at a price of $201.32 per share. After these transactions, he reported owning 29,353.8 Common Shares directly and an additional 122.557 Common Shares indirectly through a 401(k) Plan, along with 9,175.596 restricted stock units remaining beneficially owned.
Progressive Corp (PGR) Commercial Lines President Karen Bailo reported the vesting of 5,062.918 restricted stock units on January 20, 2026, which were settled in an equal number of common shares at an exercise price of $0 per share. The filing shows that 1,544 common shares were then withheld at $201.32 per share to cover tax obligations, reducing the net shares retained from this vesting.
After these transactions, Bailo directly owned 35,864.698 common shares and 10,997.026 remaining restricted stock units. Each restricted stock unit represents a contingent right to receive one common share, and the units reported as exercised vested on January 20, 2026, with the expiration date matching the date exercisable.
Progressive Corporation director Barbara R. Snyder reported an acquisition of derivative securities tied to company stock. On 01/08/2026, she received 1,347.1014 Phantom Stock Units (restricted stock) at a price of $0 per unit, reflecting reinvestment of dividend equivalents under a company plan. Each unit represents 1-for-1 underlying common share value. After this transaction, she beneficially owned 22,398.0365 Phantom Stock Units in total, held directly. These units will be paid out in cash at a time elected by Snyder or at another time specified in accordance with the plan, rather than in shares.
Progressive Corp (PGR) director Lawton W. Fitt reported an acquisition of derivative equity-linked compensation on January 8, 2026. The filing shows an award of 8,654.1264 Phantom Stock Units, recorded at a price of $0 per unit, reflecting a non-cash transaction tied to the company’s equity. Each unit is described as having a 1-for-1 relationship to Progressive common stock.
These Phantom Stock Units were acquired through the reinvestment of dividend equivalents and, according to the plan, will be settled in cash at a time elected by the reporting person or as otherwise determined under the plan. After this transaction, Fitt’s total beneficial holdings in these derivative units increased to 143,890.7594 Phantom Stock Units, held in direct form.
Progressive Corp director Roger N. Farah reported an automatic increase in his deferred equity-based holdings. On 01/08/2026, he acquired 9,276.5299 Phantom Stock Units (restricted stock) at a price of $0 per unit. Each unit is credited on a 1-for-1 basis in reference to Progressive common shares, but will be paid out in cash rather than stock. The filing notes these units were acquired through the reinvestment of dividend equivalents under a company plan. Following this transaction, Farah beneficially owns 154,239.3628 Phantom Stock Units in direct form, all subject to the plan’s payout rules and timing elections.
Progressive Corp. director Charles A. Davis reported awards of additional phantom stock units tied to Progressive common stock. On 01/08/2026, he acquired 1,242.1157 Phantom Stock Unit (rest. Stock) at a price of $0 per unit, bringing his total holdings of that derivative security to 20,652.457 units. On the same date, he also acquired 302.9075 Phantom Stock Units at $0 per unit, increasing his holdings of that derivative security to 5,036.3936 units. Each unit represents a 1-for-1 relationship to Progressive common shares and, according to the plan, these units were acquired through the reinvestment of dividend equivalents and will be paid out in cash at a time elected by Davis or otherwise determined under the plan.
Progressive Corp (PGR) director Pamela J. Craig reported an acquisition of derivative equity-linked compensation. On January 8, 2026, she received 376.9235 Phantom Stock Units, recorded at a price of $0 per unit, increasing her beneficial holdings in these units to 6,267.0454.
The phantom stock units are described as having a 1-for-1 relationship to Progressive common shares and were acquired through the reinvestment of dividend equivalents. According to the filing, these units will be paid out in cash at a time elected by the reporting person or as otherwise determined under the applicable plan, rather than settled in actual shares.
Progressive Corp (PGR) director Philip Bleser reported an automatic grant of additional deferred compensation tied to company stock. On January 8, 2026, he acquired 1,459.1098 Phantom Stock Units at $0 per unit through the reinvestment of dividend equivalents under a company plan. Each unit is described as a 1-for-1 equivalent to a share of common stock and will be paid out in cash at a time elected by Bleser or otherwise determined under the plan. Following this transaction, he held a total of 24,260.3834 Phantom Stock Units directly.
Progressive Corp reported an insider equity grant for executive David M. Stringer, Vice President, Secretary and Chief Legal Officer. On 01/08/2026, he acquired 460.316 Restricted Stock Units, each representing a contingent right to receive one common share, including units from reinvested dividend equivalents that will vest at the same time as the related awards. He beneficially owned 7,653.593 derivative securities following this transaction. On the same date, he was also granted 7.198 Deferred Compensation Units, which were acquired through dividend equivalent reinvestment and will be paid in cash under the company plan, bringing his total deferred units to 119.909.
Progressive Corp (PGR) VP and Chief Financial Officer John P. Sauerland reported an acquisition of derivative equity awards in the form of restricted stock units on 01/08/2026.
The filing shows an automatic grant of 1,179.23 restricted stock units, recorded at a price of $0 per unit, reflecting reinvestment of dividend equivalents rather than an open-market purchase. Each unit represents a contingent right to receive one Progressive common share, and these units will vest at the same time as the underlying restricted stock units to which they relate.
Following this transaction, Sauerland beneficially holds 19,606.887 restricted stock units directly, all tied to future delivery of common shares as vesting conditions are met.
Progressive Corp. Chief Strategy Officer Andrew J. Quigg reported an acquisition of additional equity-based compensation. On January 8, 2026, he received 840.919 Restricted Stock Units (RSUs), recorded at a price of $0 per unit, reflecting a non-cash award. Each RSU represents a contingent right to receive one common share of Progressive’s stock.
These RSUs were acquired through the reinvestment of dividend equivalents and will vest at the same time as the related RSUs they track. Following this transaction, Quigg beneficially owns a total of 13,981.825 RSUs in a direct capacity, aligning his compensation further with the company’s share performance.
Progressive Corp (PGR) insider activity: Chief Marketing Officer Maribel Pumarejo reported acquiring 372.553 Restricted Stock Units (RSUs) on January 8, 2026. Each RSU represents a contingent right to receive one common share of Progressive’s stock.
The RSUs were acquired through the reinvestment of dividend equivalents and will vest at the same time as the related RSU awards. After this transaction, Pumarejo directly holds a total of 6,194.389 derivative securities in the form of RSUs, reflecting her ongoing equity-based compensation tied to the company’s stock.
Progressive Corp (PGR) insider Lori A. Niederst, CRM President, reported an acquisition of derivative equity units. On 01/08/2026, she received 888.988 Restricted Stock Units at a price of $0. Each unit represents a contingent right to receive one Progressive common share.
The new units were acquired through the reinvestment of dividend equivalents and will vest at the same time as the related underlying Restricted Stock Units. After this transaction, Niederst beneficially owned 14,781.06 Restricted Stock Units directly.