Joyce Carl G 4
Research Summary
AI-generated summary
Progressive (PGR) Chief Accounting Officer Carl G. Joyce Sells 141 Shares
What Happened Carl G. Joyce, Chief Accounting Officer of Progressive (PGR), reported an open-market sale of 141 shares on March 5, 2026 at $212.00 per share, for proceeds of $29,892. This was a sale (code S) and was executed pursuant to a 10b5-1 trading plan adopted November 20, 2025, which indicates the trades were pre-arranged rather than discretionary.
Key Details
- Transaction date and price: 2026-03-05, 141 shares sold at $212.00 each.
- Total value: $29,892.
- Shares owned after transaction: Not specified in the information provided in this summary (see the full Form 4 for holdings).
- Plan/footnote: Sale made under a 10b5-1 trading plan adopted 2025-11-20 (footnote F1).
- Filing timeliness: Report filed 2026-03-09; this appears timely (filed within the required two business days after the trade).
Context
- Sales under 10b5-1 plans are pre-scheduled and often represent routine liquidity rather than a statement about company outlook.
- The reported sale amount (~$29.9k) is modest; investors may weigh this alongside other insider transactions and company fundamentals.