Progressive Corp CHRO Receives Dividend Equivalent RSUs
PROGRESSIVE CORP/OH/
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Filing Summary
### Form 4 Filing: PROGRESSIVE CORP/OH/ ($PGR)
**Insider:** Clawson William L. II (Chief Human Resources Officer)
**Transaction Date:** 2026-10-09
**Action:** Acquisition (Dividend Equivalent RSUs)
**Quantity:** 5.351 RSUs @ $0.00
**Shares Owned After:** 11,706.898 RSUs
**Significance:** Low (Routine dividend equivalent reinvestment)
Comprehensive Analysis
Executive Summary
On October 9, 2026, William L. Clawson II, Chief Human Resources Officer of The Progressive Corporation ($PGR), acquired 5.351 Restricted Stock Units (RSUs) at $0 per share through routine dividend equivalent reinvestment. Following this transaction, Clawson directly holds 11,706.898 RSUs.
Transaction Details
- Security: Restricted Stock Units (each representing the contingent right to receive one common share).
- Transaction Code: 'A' (Grant, award, or other acquisition).
- Volume: 5.351 units.
- Transaction Price: $0.00.
- Footnote Context: The units were credited pursuant to the reinvestment of dividend equivalents and will vest concurrently with the underlying RSU grants to which they correspond.
Market and Trading Impact
This transaction reflects standard equity compensation maintenance via dividend equivalent accruals rather than discretionary market activity. Consequently, it carries low trading significance and implies no directional sentiment regarding the company's valuation or operational prospects.
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