Progressive (PGR) CIO Jonathan Bauer Sells 2,242 Shares

What Happened
Jonathan S. Bauer, Chief Investment Officer of Progressive (PGR), sold 2,242 shares of Progressive on July 27, 2026 in an open-market sale. The shares were sold at $212.71 each, generating proceeds of approximately $476,896. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: July 27, 2026 — 2,242 shares sold at $212.71 per share (total ≈ $476,896).
• Transaction type/code: Sale (S) — open market or private sale as reported.
• Shares owned after transaction: Not disclosed in the information provided on this summary; see the Form 4 for the reported post-transaction holdings.
• Footnote: The sale was made pursuant to a 10b5-1 trading plan adopted by Mr. Bauer on August 21, 2025 (scheduled plan).
• Filing timeliness: Form filed July 28, 2026 (one day after the trade); no late filing flag indicated.

Context
Sales executed under a pre-established 10b5-1 plan are typically scheduled trades and are less informative about an insider’s current view of the company than unscheduled transactions. This report shows a routine insider sale; it does not by itself indicate company performance or future prospects. For full details, including post-transaction holdings, consult the Form 4 (Accession 0000080661-26-000300).