Bleser Philip 4
4 · PROGRESSIVE CORP/OH/ · Filed May 16, 2023
Insider Transaction Report
Form 4
Bleser Philip
Director
Transactions
- Award
Common
2023-05-12+2,436→ 4,565 total
Footnotes (1)
- [F1]Restricted stock grant made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan, and which will vest on April 12, 2024. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2023-2024 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 100% restricted stock. After considering such preference, the Compensation Committee granted a restricted stock award representing 100% of the reporting person's compensation for the 2023-2024 term.