Progressive ($PGR) CFO Andrew J. Quigg Receives Dividend Equivalent RSUs
PROGRESSIVE CORP/OH/
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Filing Summary
📊 Form 4 Filing Alert: Progressive Corp ($PGR) Insider: Quigg Andrew J (VP and Chief Financial Officer) Transaction: Acquisition of 5.782 Restricted Stock Units via dividend equivalent reinvestment at $0.00. Post-Transaction Holdings: 12,649.262 RSUs (Direct) Significance: Low (Routine dividend equivalent accrual)
Comprehensive Analysis
Transaction Summary
On October 9, 2026, Progressive Corp ($PGR) VP and Chief Financial Officer Andrew J. Quigg acquired 5.782 Restricted Stock Units (RSUs) coded as Transaction Code 'A'. The units were credited at $0 per share through the automatic reinvestment of dividend equivalents pursuant to existing RSU awards. Following this transaction, Mr. Quigg directly holds 12,649.262 RSUs.
Market Impact & Significance
This filing reflects a routine administrative dividend reinvestment rather than an open-market purchase or discretionary award. Given the de minimis share count (5.782 units) and standard dividend credit mechanism, it carries no predictive market signaling value and has low trading significance.
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