Steven Broz - Apr 21, 2023 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Chief Information Officer
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Apr 21, 2023
Transactions value $
-$128,145
Form type
4
Date filed
4/24/2023, 02:49 PM
Previous filing
Apr 18, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale -$128K -930 -3.3% $137.79 27.3K Apr 21, 2023 Direct F1
* 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 This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of September 16, 2022.