Jonathan S. Bauer - 21 Jan 2025 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Chief Investment Officer
Signature
/s/ Allyson L. Bach, By Power of Attorney
Issuer symbol
PGR
Transactions as of
21 Jan 2025
Net transactions value
-$271,081
Form type
4
Filing time
23 Jan 2025, 14:19:41 UTC
Previous filing
21 Jan 2025
Next filing
25 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +3,090 +12% $0.000000 29,038 21 Jan 2025 Direct F1
transaction PGR Common Tax liability $271,081 -1,114 -3.8% $243.34 27,924 21 Jan 2025 Direct
holding PGR Common 115 21 Jan 2025 401(k)

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 -3,090 -22% $0.000000 10,835 21 Jan 2025 Common 3,090 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 21, 2025.
F4 Expiration Date is the same as the Date Exercisable.