Bauer Jonathan S. 4
4 · PROGRESSIVE CORP/OH/ · Filed Jan 22, 2026
Research Summary
AI-generated summary of this filing
Progressive (PGR) CIO Jonathan Bauer Sells 3,105 Shares
What Happened
Jonathan S. Bauer, Chief Investment Officer of Progressive Corp. (PGR), sold 3,105 shares on 2026-01-21 at $204.35 per share, generating proceeds of approximately $634,507. The filing reports the sale as an open-market or private sale (code S).
Key Details
- Transaction date and price: 2026-01-21 at $204.35 per share.
- Total proceeds: ~ $634,507.
- Transaction type: Sale (open-market/private sale), reported on Form 4 filed 2026-01-22 (timely).
- Footnote: Sale was made pursuant to a 10b5-1 trading plan adopted by Mr. Bauer on August 21, 2025.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This was a scheduled sale under a pre-established 10b5-1 plan, which allows insiders to sell shares according to predetermined rules and timing. Such planned sales are often routine and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Bauer Jonathan S.
Chief Investment Officer
Transactions
- Sale
Common
[F1]2026-01-21$204.35/sh−3,105$634,507→ 26,248.8 total
Holdings
- 122.557(indirect: By 401(k))
Common
Footnotes (1)
- [F1]This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of August 21, 2025.
Signature
/s/ Allyson L. Bach, By Power of Attorney|2026-01-22