Progressive Corp: CRM president Heather E Day received 2,555 shares

What happened Heather E Day, CRM president, received a grant of 2,555 restricted stock units (derivative) on Oct 9, 2026. The units were reported at $0.00 per unit for a total reported value of $0. Transaction type code A (award/grant).

Key details

• Transaction date and price: Oct 9, 2026; $0.00 per unit.
• Transaction code: A (award/grant); reported as derivative securities.
• Shares owned after the transaction: not reported in this Form 4.
• Footnotes from the filing:
  • F1: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
  • F2: These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
  • F3: Expiration Date is the same as the Date Exercisable.
• Filed on Oct 13, 2026; the filing does not state whether it was late.

Why it may matter

• This was an award of restricted stock units, not a market purchase or sale.
• The units are contingent rights to receive common shares and include dividend-equivalent reinvestment units that vest with related RSUs.
• The filing does not show why the insider received the award or why the company acted.