Progressive Corp Director Receives Dividend Equivalents
PROGRESSIVE CORP/OH/
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Filing Summary
📊 Progressive Corp/OH/ ($PGR) Insider: Bleser Philip (Director) Action: Acquired 11.4438 Phantom Stock Units at $0.00 (Dividend Reinvestment) Post-Transaction Holdings: 25,034.4266 units Date: October 9, 2026 Significance: Low
Comprehensive Analysis
Insider Transaction Overview
- Reporting Person: Philip Bleser, Director
- Issuer: Progressive Corp/OH/ (
PGR) - Transaction Date: October 9, 2026
- Filing Date: October 13, 2026
Transaction Details
- Security: Phantom Stock Unit (rest. Stock)
- Shares Acquired: 11.4438 units
- Price per Share: $0.00
- Total Value: $0.00
- Transaction Code:
A(Award or acquisition) - Nature of Holding: Direct
- Post-Transaction Total: 25,034.4266 units
Context and Significance
According to the footnotes, these phantom stock units convert 1-for-1 into common stock and were acquired automatically via the reinvestment of dividend equivalents under the company's director compensation/benefit plan. This does not represent an open-market purchase or discretionary insider sentiment, making its trading significance Low.
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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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