Quigg Andrew J 4

What Happened Andrew J. Quigg, Chief Financial Officer of Progressive Corp (PGR), reported a gift of 531 shares on July 6, 2026. The Form 4 shows these shares were disposed as a gift (transaction code G) with a reported price/value of $0.00. This is a disposition by gift rather than a sale or purchase and does not represent a cash proceeds transaction.

Key Details

• Transaction date: 2026-07-06; filing date (Form 4): 2026-07-07 (appears timely).
• Transaction type/code: Gift (G); shares transferred: 531; reported price/value: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote: The transaction was made pursuant to a 10b5-1 trading plan adopted by the reporting person on January 29, 2026 (per footnote F1).
• No indication in the filing of tax withholding, option exercise, or cash proceeds.

Context Gifts by insiders are common for personal, estate-planning, or charitable reasons and do not necessarily signal the insider’s view of the company’s prospects. The form identifies this as a gift (not a market sale), and the 10b5-1 note indicates the transaction was executed under a pre-established plan.