Progressive (PGR) Director Devin C. Johnson Sells 980 Shares

What Happened

• Devin C. Johnson, a director of Progressive Corp (PGR), sold 980 shares on 2026-04-16 at $203.10 per share, for total proceeds of approximately $199,038. The Form 4 indicates this was a sale (code S), reported the next day.

Key Details

• Transaction date & price: 2026-04-16, $203.10 per share
• Shares sold / proceeds: 980 shares; ~$199,038
• Transaction type: Open-market sale (Form 4 code S)
• Shares owned after transaction: Not specified in the provided filing details
• Filing date & timeliness: Filed 2026-04-17 — appears timely (within typical 2-business-day reporting window)
• Notable footnotes: None noted (no 10b5-1 plan, tax withholding, or other special instructions indicated in the provided data)

Context

• This was a straight sale of existing shares. Sales by insiders can be routine (portfolio rebalancing, personal liquidity, tax planning) and do not by themselves indicate a change in company prospects. Purchases generally carry more informational weight for bullish signals.