Heather E. Day Receives Dividend Equivalent RSUs in Progressive ($PGR)
PROGRESSIVE CORP/OH/
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Filing Summary
Form 4 Alert: Progressive Corp ($PGR) Insider: DAY HEATHER E (CRM President) Transaction: Acquisition of 2.555 Restricted Stock Units (Dividend Reinvestment) at $0.00 Total Value: $0.00 Beneficial Ownership After: 5,590.491 RSUs Significance: Low (Routine Dividend Equivalent Credit)
Comprehensive Analysis
Overview
On October 13, 2026, Heather E. Day, CRM President at Progressive Corp ($PGR), filed a Form 4 disclosing the acquisition of 2.555 Restricted Stock Units (RSUs) on October 9, 2026.
Transaction Breakdown
- Security: Restricted Stock Unit
- Transaction Code:
A(Grant, award, or other acquisition) - Shares Acquired: 2.555
- Price per Share: $0.00
- Total Value: $0.00
- Ownership Type: Direct
- Post-Transaction Holdings: 5,590.491 RSUs
Nature of Transaction & Significance
According to the footnotes, these units were acquired through the routine reinvestment of dividend equivalents and will vest concurrently with the underlying Restricted Stock Units to which they attach. Because this transaction represents an automatic accrual of dividend equivalents rather than an open-market purchase or discretionary insider action, it carries Low trading significance.
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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.
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