John P. Sauerland - Jan 16, 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
VP and Chief Financial Officer
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 16, 2024
Transactions value $
-$158,963
Form type
4
Date filed
1/18/2024, 02:34 PM
Previous filing
Jan 3, 2024
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +2.46K +0.76% $0.00 324K Jan 16, 2024 Direct F1
transaction PGR Common Tax liability -$159K -941 -0.29% $168.93 323K Jan 16, 2024 Direct
holding PGR Common 13.2K Jan 16, 2024 401(k) Plan

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 -2.46K -11.12% $0.00 19.6K Jan 16, 2024 Common 2.46K 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 16, 2024.
F4 Expiration Date is the same as the Date Exercisable.