Progressive Corp Officer Receives Dividend Equivalent RSUs
PROGRESSIVE CORP/OH/
Subscribe to track PGR
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
📊 Form 4 Filing: Progressive Corp ($PGR) Insider: Bailo Karen (Commercial Lines President) Transaction: Acquisition of 6.596 Restricted Stock Units at $0.00 (Dividend Reinvestment) Total Value: $0.00 Post-Transaction Holdings: 14,430.225 RSUs Significance: Low (Routine dividend equivalent credit)
Comprehensive Analysis
Executive Summary
On October 9, 2026, Karen Bailo, Commercial Lines President of The Progressive Corporation (PGR), acquired 6.596 Restricted Stock Units (RSUs) at $0.00 per share. The transaction was reported on Form 4 filed with the SEC on October 13, 2026.
Transaction Details
- Security: Restricted Stock Units
- Transaction Code:
A(Grant or award) - Quantity: 6.596 units
- Price: $0.00
- Post-Transaction Holdings: 14,430.225 units
- Nature of Ownership: Direct
Footnote Insights
Footnotes disclose that these units represent a contingent right to receive common shares and were credited pursuant to the reinvestment of dividend equivalents. They vest concurrently with the underlying RSUs to which they relate.
Investment Impact & Market Significance
This transaction reflects routine administrative dividend reinvestment under company equity incentive plans rather than open-market buying or selling. It has negligible market impact and low trading significance.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.