Joyce Carl G 4
4 · PROGRESSIVE CORP/OH/ · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Progressive (PGR) Chief Accounting Officer Joyce Carl G Receives RSU Award
What Happened
- Joyce Carl G, Chief Accounting Officer of Progressive Corp (PGR), was granted 751 restricted stock units (RSUs) on March 24, 2026. The award was reported as an award/acquisition (code A) at $0.00 per unit (typical for RSU grants). The filing does not state a cash value for the award.
Key Details
- Transaction date: 2026-03-24; Form filed: 2026-03-25 (timely filing).
- Grant: 751 Restricted Stock Units (derivative award, code A) reported at $0.00 per unit.
- Shares owned after transaction: not specified in the filing.
- Footnotes from the filing:
- F1: Each RSU represents a contingent right to receive one common share.
- F2: Vesting in three equal annual installments on Jan 16, 2029; Jan 15, 2030; and Jan 21, 2031, subject to plan terms and forfeiture.
- F3: Expiration date equals date exercisable.
- No indication of tax withholding sale or immediate share sale in this filing.
Context
- RSU grants are compensation awards that do not deliver actual shares until vesting conditions are met; they are common for executive pay and incentive alignment. This grant is a forward-looking, potentially forfeitable award rather than an immediate purchase or sale of stock, so it does not directly signal a current change in market exposure by the insider.
Insider Transaction Report
Form 4
Joyce Carl G
Chief Accounting Officer
Transactions
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-24+751→ 2,248.266 total→ Common (751 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F2]These units will vest in three equal annual installments on each of January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
- [F3]Expiration Date is the same as the Date Exercisable.
Signature
/s/ Laurie F. Humphrey, By Power of Attorney|2026-03-25