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PROGRESSIVE CORP/OH/·4

Jul 22, 11:17 AM ET

DAY HEATHER E 4

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Progressive (PGR) CRM President Heather E. Day Receives RSU Award

What Happened
Heather E. Day, CRM President of Progressive (PGR), received an award of 1,443 restricted stock units (RSUs) on July 20, 2026. The award is reported as a derivative grant at $0.00 per unit (no cash purchase); the RSUs represent a contingent right to receive one common share per unit upon vesting.

Key Details

  • Transaction date: 2026-07-20; Form 4 filed: 2026-07-22 (filed within the typical two-business-day window).
  • Award: 1,443 RSUs, reported at $0.00 per unit (transaction code A — award/grant).
  • Vesting: Units vest in three equal annual installments on Jan 16, 2029; Jan 15, 2030; and Jan 21, 2031 (footnote F2).
  • Footnote F1: Each RSU converts to one common share if/when vested.
  • Footnote F3: Expiration date is the same as the date exercisable (per filing).
  • Shares owned after the transaction: not specified in the provided filing details.

Context
This was an equity compensation award (not an open-market purchase or sale). Such RSU grants are commonly part of executive compensation and do not reflect an immediate cash outlay or sale of shares; value to the insider will depend on Progressive’s stock price at vesting.