Johnson Devin C 4
4 · PROGRESSIVE CORP/OH/ · Filed Aug 5, 2024
Insider Transaction Report
Form 4
Johnson Devin C
Director
Transactions
- Award
Common
2024-08-02+87→ 8,770 total
Footnotes (1)
- [F1]This restricted stock grant was made pursuant to The Progressive Corporation Amended and Restated 2017 Directors Equity Incentive Plan and will vest on April 11, 2025. It reflects pro-rated additional compensation for the 2024-2025 term associated with the reporting person's appointment to an additional committee. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2024-2025 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 and Talent Committee granted a restricted stock award representing 100% of the reporting person's additional pro-rated compensation for the 2024-2025 term.