Quigg Andrew J 4

What Happened

• Andrew J. Quigg, Chief Financial Officer of Progressive Corporation (PGR), was credited with 5.292 restricted stock units (RSUs) on 2026-07-10. The units were recorded at $0.00 per unit (no cash paid) and are derivative awards — they represent a contingent right to receive common shares in the future.

Key Details

• Transaction date: 2026-07-10; Form 4 filed: 2026-07-14.
• Transaction type: Award/Grant (derivative acquisition). Price: $0.00; total reported cash value: $0.
• Share count involved: 5.292 RSUs.
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes:
  • F1: Each RSU represents a contingent right to one common share.
  • F2: These particular units were acquired via reinvestment of dividend equivalents and will vest on the same schedule as the related RSUs.
  • F3: “Expiration Date is the same as the Date Exercisable” (note applies to the filing’s derivative terms).
• Filing timeliness: Form shows filing date 2026-07-14; the provided data does not indicate a late-filing flag.

Context

• This was an award of RSUs (a non-cash, compensatory/derivative grant), not an open-market purchase or sale. Such grants are common as part of executive compensation and do not by themselves indicate a buy or sell signal. The awarded units will convert to shares if and when they vest per the underlying plan terms.