Devin C. Johnson - 02 Aug 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Director
Signature
/s/ Allyson L. Bach, By Power of Attorney
Issuer symbol
PGR
Transactions as of
02 Aug 2024
Transactions value $
$0
Form type
4
Filing time
05 Aug 2024, 14:50:17 UTC
Previous filing
14 May 2024
Next filing
26 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Award $0 +87 +1% $0.00 8.77K 02 Aug 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This restricted stock grant was made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan and will vest on April 11, 2025. It reflects pro-rated additional compensation for the 2024-2025 term associated with the reporting person's appointment to an additional committee. 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 100% restricted stock. After considering such preference, the Compensation and Talent Committee granted a restricted stock award representing 100% of the reporting person's additional pro-rated compensation for the 2024-2025 term.