[Form 4] Progressive Corporation Insider Trading Activity
Lori A. Niederst, CRM President at Progressive Corporation (PGR), reported an insider sale on 08/14/2025 under a 10b5-1 trading plan. The filing shows 8,063 shares sold at $250.18 per share. After the reported sale, the reporting person beneficially owns 39,040.497 shares directly and 196.81 shares indirectly through a spouse's 401(k) plan. The 10b5-1 plan was adopted on March 28, 2025. The Form 4 was signed by an attorney-in-fact on 08/15/2025.
Lori A. Niederst, CRM e Presidente di Progressive Corporation (PGR), ha segnalato una vendita da insider il 14/08/2025 nell'ambito di un piano di trading 10b5-1. La dichiarazione indica la cessione di 8.063 azioni al prezzo di $250,18 ciascuna. Dopo la vendita riportata, la persona che effettua la segnalazione detiene beneficiariamente 39.040,497 azioni direttamente e 196,81 azioni indirettamente tramite il piano 401(k) del coniuge. Il piano 10b5-1 猫 stato adottato il 28 marzo 2025. Il Modulo 4 猫 stato firmato da un procuratore il 15/08/2025.
Lori A. Niederst, CRM y Presidenta de Progressive Corporation (PGR), inform贸 una venta de insider el 14/08/2025 dentro de un plan de negociaci贸n 10b5-1. La presentaci贸n muestra la venta de 8.063 acciones a $250,18 por acci贸n. Tras la operaci贸n comunicada, la persona informante posee beneficiariamente 39.040,497 acciones directamente y 196,81 acciones indirectamente a trav茅s del plan 401(k) de su c贸nyuge. El plan 10b5-1 se adopt贸 el 28 de marzo de 2025. El Formulario 4 fue firmado por un apoderado el 15/08/2025.
Lori A. Niederst, CRM鞚挫瀽 Progressive Corporation(PGR) 須岇灔鞚 2025雲� 8鞗� 14鞚� 10b5-1 瓯半灅瓿勴殟鞐� 霐半ジ 雮措秬鞛� 毵り皝鞚� 鞁犼碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 欤茧嫻 $250.18鞐� 8,063欤�臧 毵る弰霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞁犼碃霅� 毵り皝 鞚错泟, 鞁犼碃鞚胳潃 歆侅爲 39,040.497欤�鞕 氚办毎鞛愳潣 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲鞝侅溂搿� 196.81欤�毳� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 10b5-1 瓿勴殟鞚 2025雲� 3鞗� 28鞚�鞐� 毂勴儩霅橃棃瓿�, Form 4電� 2025雲� 8鞗� 15鞚�鞐� 雽毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Lori A. Niederst, CRM et pr茅sidente de Progressive Corporation (PGR), a d茅clar茅 une vente d'initi茅 le 14/08/2025 dans le cadre d'un plan de trading 10b5-1. Le d茅p么t indique la vente de 8 063 actions au prix de 250,18 $ par action. Apr猫s la vente d茅clar茅e, la personne d茅clarante d茅tient 脿 titre b茅n茅ficiaire 39 040,497 actions directement et 196,81 actions indirectement via le plan 401(k) de son conjoint. Le plan 10b5-1 a 茅t茅 adopt茅 le 28 mars 2025. Le formulaire 4 a 茅t茅 sign茅 par un mandataire le 15/08/2025.
Lori A. Niederst, CRM und Pr盲sidentin der Progressive Corporation (PGR), meldete am 14.08.2025 einen Insider-Verkauf im Rahmen eines 10b5-1-Handelsplans. Die Meldung weist 8.063 verkaufte Aktien zu je $250,18 aus. Nach dem gemeldeten Verkauf h盲lt die meldende Person wirtschaftlich 39.040,497 Aktien direkt und 196,81 Aktien indirekt 眉ber den 401(k)-Plan des Ehepartners. Der 10b5-1-Plan wurde am 28. M盲rz 2025 eingef眉hrt. Das Formular 4 wurde am 15.08.2025 von einem Bevollm盲chtigten unterzeichnet.
- Transaction executed under a 10b5-1 plan, indicating preplanned trading and compliance with insider trading rules
- Continued direct ownership of 39,040.497 shares after the sale, showing retained stake
- Insider sale of 8,063 shares at $250.18 represents a notable disposition disclosed to the market
Insights
TL;DR: Routine, preplanned insider sale under a 10b5-1 plan; signals compliance and timing, not necessarily new information about company prospects.
The sale of 8,063 shares at $250.18 executed pursuant to a 10b5-1 plan indicates the transaction was pre-authorized and is consistent with standard insider liquidity management. Use of a formal plan reduces concerns about trading on material nonpublic information and supports governance and disclosure practices. The remaining direct beneficial ownership of 39,040.497 shares maintains continued ownership, while the small indirect holding via a spouse's 401(k) is immaterial.
TL;DR: Insider sale is material only as a disclosure event; transaction size and preclearance suggest routine portfolio management.
From an investor-impact perspective, this Form 4 documents an insider disposition executed at $250.18 per share under a 10b5-1 plan adopted March 28, 2025. The reporting person still holds over 39,000 shares directly, so the sale does not eliminate ownership. Without additional context on ownership percentage or subsequent transactions, this single reported sale appears informational rather than a material shift in insider commitment.
Lori A. Niederst, CRM e Presidente di Progressive Corporation (PGR), ha segnalato una vendita da insider il 14/08/2025 nell'ambito di un piano di trading 10b5-1. La dichiarazione indica la cessione di 8.063 azioni al prezzo di $250,18 ciascuna. Dopo la vendita riportata, la persona che effettua la segnalazione detiene beneficiariamente 39.040,497 azioni direttamente e 196,81 azioni indirettamente tramite il piano 401(k) del coniuge. Il piano 10b5-1 猫 stato adottato il 28 marzo 2025. Il Modulo 4 猫 stato firmato da un procuratore il 15/08/2025.
Lori A. Niederst, CRM y Presidenta de Progressive Corporation (PGR), inform贸 una venta de insider el 14/08/2025 dentro de un plan de negociaci贸n 10b5-1. La presentaci贸n muestra la venta de 8.063 acciones a $250,18 por acci贸n. Tras la operaci贸n comunicada, la persona informante posee beneficiariamente 39.040,497 acciones directamente y 196,81 acciones indirectamente a trav茅s del plan 401(k) de su c贸nyuge. El plan 10b5-1 se adopt贸 el 28 de marzo de 2025. El Formulario 4 fue firmado por un apoderado el 15/08/2025.
Lori A. Niederst, CRM鞚挫瀽 Progressive Corporation(PGR) 須岇灔鞚 2025雲� 8鞗� 14鞚� 10b5-1 瓯半灅瓿勴殟鞐� 霐半ジ 雮措秬鞛� 毵り皝鞚� 鞁犼碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 欤茧嫻 $250.18鞐� 8,063欤�臧 毵る弰霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞁犼碃霅� 毵り皝 鞚错泟, 鞁犼碃鞚胳潃 歆侅爲 39,040.497欤�鞕 氚办毎鞛愳潣 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲鞝侅溂搿� 196.81欤�毳� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 10b5-1 瓿勴殟鞚 2025雲� 3鞗� 28鞚�鞐� 毂勴儩霅橃棃瓿�, Form 4電� 2025雲� 8鞗� 15鞚�鞐� 雽毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Lori A. Niederst, CRM et pr茅sidente de Progressive Corporation (PGR), a d茅clar茅 une vente d'initi茅 le 14/08/2025 dans le cadre d'un plan de trading 10b5-1. Le d茅p么t indique la vente de 8 063 actions au prix de 250,18 $ par action. Apr猫s la vente d茅clar茅e, la personne d茅clarante d茅tient 脿 titre b茅n茅ficiaire 39 040,497 actions directement et 196,81 actions indirectement via le plan 401(k) de son conjoint. Le plan 10b5-1 a 茅t茅 adopt茅 le 28 mars 2025. Le formulaire 4 a 茅t茅 sign茅 par un mandataire le 15/08/2025.
Lori A. Niederst, CRM und Pr盲sidentin der Progressive Corporation (PGR), meldete am 14.08.2025 einen Insider-Verkauf im Rahmen eines 10b5-1-Handelsplans. Die Meldung weist 8.063 verkaufte Aktien zu je $250,18 aus. Nach dem gemeldeten Verkauf h盲lt die meldende Person wirtschaftlich 39.040,497 Aktien direkt und 196,81 Aktien indirekt 眉ber den 401(k)-Plan des Ehepartners. Der 10b5-1-Plan wurde am 28. M盲rz 2025 eingef眉hrt. Das Formular 4 wurde am 15.08.2025 von einem Bevollm盲chtigten unterzeichnet.