John P. Sauerland - 29 May 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Allyson L. Bach, By Power of Attorney
Issuer symbol
PGR
Transactions as of
29 May 2024
Net transactions value
-$2,546,585
Form type
4
Filing time
30 May 2024, 14:54:01 UTC
Previous filing
16 Apr 2024
Next filing
01 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale $2,546,585 -12,457 -3.8% $204.43 312,958 29 May 2024 Direct F1
holding PGR Common 13,304 29 May 2024 401(k) Plan
* 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 February 28, 2024.