Stuart B. Burgdoerfer - May 10, 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Director
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
May 10, 2024
Transactions value $
$0
Form type
4
Date filed
5/14/2024, 10:51 AM
Previous filing
Oct 25, 2023
Next filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Award $0 +1.06K +7.53% $0.00 15.1K May 10, 2024 Direct F1
holding PGR Common 11 May 10, 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan, and which will vest on April 11, 2025. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2024-2025 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 60% restricted stock and 40% cash. After considering such preference, the Compensation and Talent Committee granted a restricted stock award representing 60% of the reporting person's compensation for the 2024-2025 term, and authorized a cash payment on April 11, 2025, for the remaining 40% of the reporting person's compensation.