Progressive Director Pamela J. Craig Acquires 3.23 Phantom Units via Dividend Reinvestment
PROGRESSIVE CORP/OH/
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Filing Summary
# Insider Transaction: PROGRESSIVE CORP/OH/ ($PGR)
**Insider:** Craig Pamela J. (Director)
**Transaction Date:** October 9, 2026
**Security:** Phantom Stock Unit (rest. Stock)
**Type:** Acquisition (Dividend Reinvestment)
**Shares Transacted:** 3.2263
**Price:** $0.00
**Total Value:** $0.00
**Post-Transaction Holdings:** 7,057.9249 shares
**Significance:** Low (Routine dividend equivalent reinvestment)
Comprehensive Analysis
Overview
On October 13, 2026, Progressive Corp ($PGR) Director Pamela J. Craig filed a Form 4 reporting an acquisition of 3.2263 Phantom Stock Units on October 9, 2026.
Transaction Details
- Security: Phantom Stock Unit (rest. Stock)
- Transaction Code:
A(Acquisition/Grant) - Shares Acquired: 3.2263
- Conversion / Exercise Terms: 1-for-1 for common stock equivalents, payable in cash according to the plan terms.
- Transaction Price: $0.00 per share (acquired via reinvestment of dividend equivalents).
- Beneficial Ownership Post-Transaction: 7,057.9249 units held directly.
Significance & Market Impact
This transaction represents routine dividend equivalent reinvestment credited to existing deferred phantom stock holdings. Because it is non-discretionary and involves a nominal number of units, it has Low trading significance and conveys no material sentiment on the stock.
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Important Disclaimer
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