Quick Takeaways
- This page summarizes Michael D. Sieger's Form 4 filing for PROGRESSIVE CORP/OH/ (PGR).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 04 Jan 2022, 14:59.
Michael D. Sieger - 01 Jan 2022 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)
- Role
- Claims President
- Signature
- /s/ Laurie F. Humphrey, By Power of Attorney
- Issuer symbol
- PGR
- Transactions as of
- 01 Jan 2022
- Net transactions value
- -$135,154
- Form type
- 4
- Filing time
- 04 Jan 2022, 14:59:45 UTC
- Previous filing
- 30 Dec 2021
- Next filing
- 16 Jun 2022
- SEC
- View on sec.gov
Quoteable Key Fact
"Michael D. Sieger filed Form 4 for PROGRESSIVE CORP/OH/ (PGR) on 04 Jan 2022."
What Changed
- Previous filing in this sequence was filed on 30 Dec 2021.
- Current net transaction value: -$135,154.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PGR | Common | Options Exercise | $0 | +4,329 | +9.8% | $0.000000 | 48,560 | 01 Jan 2022 | Direct | F1 |
| transaction | PGR | Common | Tax liability | $135,154 | -1,324 | -2.7% | $102.08 | 47,236 | 01 Jan 2022 | Direct | |
| holding | PGR | Common | 2 | 01 Jan 2022 | In 401(k) |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PGR | Restricted Stock Unit | Options Exercise | $0 | -4,329 | -20% | $0.000000 | 17,356 | 01 Jan 2022 | Common | 4,329 | Direct | F1, F2, F3, F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Represents Common Shares issued upon the vesting of restricted stock unit awards, including dividend equivalent units. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares. |
| F2 | Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock. |
| F3 | Units vested on January 1, 2022. |
| F4 | Expiration Date is the same as Date Exercisable. |