John P. Sauerland - Jul 27, 2023 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jul 27, 2023
Transactions value $
-$1,518,120
Form type
4
Date filed
7/28/2023, 11:33 AM
Previous filing
Jul 18, 2023
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale -$1.52M -12K -3.73% $126.51 310K Jul 27, 2023 Direct F1
holding PGR Common 13.2K Jul 27, 2023 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 This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of March 1, 2023.