[SCHEDULE 13G/A] PROGRESSIVE CORP/OH/ Amended Passive Investment Disclosure
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.
Positive
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Negative
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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.