Progressive Corp: chief personal lines officer Lori A Niederst received 5.987 shares

What happened Lori A Niederst, chief personal lines officer, received 5.987 restricted stock units (reported as a derivative acquisition) on Oct 9, 2026. The filing reports an acquisition price of $0.00 and a total value of $0.

Key details

• Transaction date: Oct 9, 2026; transaction code: A (award/grant/acquisition); price per unit: $0.00.
• Filing date: Oct 13, 2026; period of report: Oct 9, 2026.
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: each restricted stock unit represents a contingent right to receive one common share.
• Footnote F2: the units were acquired upon reinvestment of dividend equivalents and will vest at the same time as the related restricted stock units.
• Footnote F3: expiration date is the same as the date exercisable (as stated in the filing).

Why it may matter This was an award of restricted stock units and not a market sale or purchase. A filing does not show why the insider traded or why the company acted.