Quigg Andrew J 4
Research Summary
AI-generated summary
Progressive (PGR) Chief Strategy & Finance Manager Andrew Quigg Receives 6.178 RSUs
What Happened
- Andrew J. Quigg, Chief Strategy & Finance Manager at Progressive (PGR), was granted 6.178 restricted stock units (RSUs) on 2026-04-10. The units were reported as acquired at $0.00 (non-cash award/derivative); the Form 4 lists the acquisition as an award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-10; Form 4 filed: 2026-04-14 (filed within customary two business days).
- Amount granted: 6.178 RSUs; acquisition price reported: $0.00 (award).
- Shares owned after the transaction: not reported in the provided filing.
- Footnotes: F1 — each RSU is a contingent right to one common share; F2 — these units were acquired upon reinvestment of dividend equivalents and will vest with the related RSUs; F3 — expiration date equals date exercisable.
- Transaction type: Award/Grant (derivative), code A on Form 4.
Context
- RSUs are compensation-based, contingent awards that typically convert to actual shares only when they vest; this grant does not represent an immediate open-market purchase or sale. Dividend-equivalent units tied to these RSUs will vest on the same schedule as the underlying RSUs. This filing is informational about executive compensation and does not by itself indicate a buy or sell decision.