Susan Patricia Griffith - Jan 16, 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
President and CEO, Director
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 16, 2024
Transactions value $
-$816,101
Form type
4
Date filed
1/18/2024, 11:56 AM
Previous filing
Jan 4, 2024
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +10.8K +2.31% $0.00 477K Jan 16, 2024 Direct F1
transaction PGR Common Tax liability -$816K -4.83K -1.01% $168.93 472K Jan 16, 2024 Direct
holding PGR Common 15.4K Jan 16, 2024 401(k) Plan
holding PGR Common 19.1K Jan 16, 2024 Husband's Common
holding PGR Common 69.8K Jan 16, 2024 Husband's Trust F2

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 -10.8K -13.3% $0.00 70.2K Jan 16, 2024 Common 10.8K Direct F1, F3, F4, F5
* 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 Held in a trust for the benefit of reporting person's spouse.
F3 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F4 Units vested on January 16, 2024.
F5 Expiration Date is the same as the Date Exercisable.