Mariann Wojtkun Marshall - Jan 21, 2025 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Chief Accounting Officer
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 21, 2025
Transactions value $
-$210,947
Form type
4
Date filed
1/23/2025, 02:48 PM
Previous filing
Jan 21, 2025

Transactions Table

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 -868 -22.34% $0.00 3.02K Jan 21, 2025 Common 868 Direct F1, F3, F4, F5
* 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 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 This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of August 19, 2024.
F3 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F4 Units vested on January 21, 2025.
F5 Expiration Date is the same as the Date Exercisable.