Jonathan S. Bauer - 20 Feb 2026 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Allyson L. Bach, By Power of Attorney
Issuer symbol
PGR
Transactions as of
20 Feb 2026
Net transactions value
-$855,347
Form type
4
Filing time
24 Feb 2026, 13:51:53 UTC
Previous filing
22 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bauer Jonathan S. Chief Investment Officer 300 NORTH COMMONS BLVD., MAYFIELD VILLAGE /s/ Allyson L. Bach, By Power of Attorney 24 Feb 2026 0001798968

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Award $0 +4,221 +16% $0.000000 30,470 20 Feb 2026 Direct F1
transaction PGR Common Tax liability $395,236 -1,954 -6.4% $202.27 28,516 20 Feb 2026 Direct
transaction PGR Common Sale $460,111 -2,266 -7.9% $203.05 26,250 23 Feb 2026 Direct F2
holding PGR Common 123 20 Feb 2026 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2023, including dividend equivalents accrued since the grant date.
F2 This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of August 21, 2025.