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

Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 21, 2025
Transactions value $
-$271,081
Form type
4
Date filed
1/23/2025, 02:19 PM
Previous filing
Jan 21, 2025
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +3.09K +11.91% $0.00 29K Jan 21, 2025 Direct F1
transaction PGR Common Tax liability -$271K -1.11K -3.84% $243.34 27.9K Jan 21, 2025 Direct
holding PGR Common 115 Jan 21, 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 -3.09K -22.19% $0.00 10.8K Jan 21, 2025 Common 3.09K 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.