Progressive Corp Director Lawton W. Fitt Receives Dividend Equivalent Phantom Stock
PROGRESSIVE CORP/OH/
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Filing Summary
=== INSIDER TRANSACTION REPORT ===
Company: PROGRESSIVE CORP/OH/ (PGR)
Insider: Lawton W. Fitt
Relationship: Director
Date: 2026-10-09
Security: Phantom Stock Unit (rest. Stock)
Transaction: Acquisition (Code A - Dividend Reinvestment)
Amount: 66.7769 units
Price: $0.00
Total Value: $0.00
Ending Balance: 146,081.2435 units
Significance: Low (Routine Dividend Reinvestment)
Comprehensive Analysis
Insider Filing Analysis: PROGRESSIVE CORP/OH/ (PGR)
Summary
On October 13, 2026, Progressive Corp director Lawton W. Fitt reported the acquisition of 66.7769 Phantom Stock Units under the company's executive/director compensation plans. The transaction occurred on October 9, 2026, at an effective price of $0.00 per share.
Key Details
- Security: Phantom Stock Unit (rest. Stock), converting 1-for-1 into Common Stock or cash equivalent upon payout.
- Transaction Nature: The units were credited pursuant to the automatic reinvestment of dividend equivalents under the director plan.
- Holdings Post-Transaction: Following this transaction, Fitt directly holds 146,081.2435 phantom stock units.
Market Impact & Significance
This filing carries Low trading significance as it represents an automated non-open-market credit resulting from dividend reinvestment rather than a discretionary purchase or sale.
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