Progressive (PGR) CFO Andrew Quigg Sells 3,499 Shares

What Happened

• Andrew J. Quigg, Chief Financial Officer of Progressive (PGR), sold 3,499 shares in an open-market transaction on July 28, 2026.
• The shares were sold at $220.00 per share for gross proceeds of $769,780. The filing reports the sale was made pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction date and price: July 28, 2026 — 3,499 shares at $220.00 per share.
• Total proceeds: $769,780 (gross).
• Footnote: Reported sale was made under a 10b5-1 trading plan adopted January 29, 2026.
• Filing date: July 29, 2026 (filed the next day), so the Form 4 appears timely.
• Shares owned after transaction: Not specified in the information provided in this summary.

Context

• Sales executed under a 10b5-1 plan are pre-arranged and often routine; they do not necessarily reflect the insider’s current view of the company’s prospects.
• For retail investors, purchases by insiders are generally more indicative of confidence than routine sales, but disclosures like this help track insider liquidity and timing.