Daniel P. Mascaro - Nov 28, 2023 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Vice Pres, Secretary and CLO
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Nov 28, 2023
Transactions value $
-$2,163,568
Form type
4
Date filed
11/30/2023, 11:44 AM
Previous filing
Nov 29, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale -$2.16M -13.2K -29.35% $164.28 31.7K Nov 28, 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 The 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.