PROGRESSIVE CORP/OH/ Amended Passive Investment Disclosure
The Vanguard Group filed Amendment No. 9 on a Schedule 13G/A for Progressive Corporation common stock, reporting 0 shares beneficially owned and 0% of the class.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
The Vanguard Group filed Amendment No. 9 on a Schedule 13G/A for Progressive Corporation common stock, reporting 0 shares beneficially owned and 0% of the class. The filing states Vanguard completed an internal realignment on 01/12/2026, after which certain subsidiaries report ownership separately. The form is signed by Ashley Grim on 03/27/2026.
Insights
Vanguard disaggregated holdings after internal realignment; reports zero ownership here.
The filing states an internal reorganization effective 01/12/2026 and that certain subsidiaries now report beneficial ownership separately in reliance on SEC Release No. 34-39538. The entry lists Amount beneficially owned: 0 and Percent of class: 0%.
Implications are procedural: subsequent filings from Vanguard affiliates may show positions separately; cash‑flow treatment and specific subsidiary holdings are not disclosed in this excerpt.
Amendment clarifies reporting structure consistent with SEC release; no beneficial ownership asserted here.
The amendment cites SEC Release No. 34-39538 and explains that Vanguard and certain subsidiaries will report on a disaggregated basis. The filing explicitly states Vanguard "no longer has, or is deemed to have, beneficial ownership" of securities held by those units.
For compliance, watch future Schedule 13G/A entries from the named subsidiaries for redisclosed positions and any reaggregations that would require different disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.