Patrick K. Callahan - Feb 21, 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Feb 21, 2024
Transactions value $
-$5,645,966
Form type
4
Date filed
2/23/2024, 09:37 AM
Previous filing
Jan 30, 2024
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale -$5.65M -29.7K -66.14% $190.26 15.2K Feb 21, 2024 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 October 16, 2023.