PROGRESSIVE CORP/OH/ 4
0000080661-26-000231
View on SEC EDGARProgressive Corp’s Chief Human Resources Officer, William L. Clawson II, received additional dividend-equivalent RSUs tied to common shares on July 10, 2026.
On July 10, 2026, Progressive Corporation’s Chief Human Resources Officer, William L. Clawson II, received additional Restricted Stock Units (RSUs) credited at a reference value of $5.09 per unit, representing dividend-equivalent reinvestment rather than an open-market transaction. Each RSU corresponds to one common share and will vest concurrently with the underlying RSUs to which these dividend-equivalent units relate, with no separate exercise price disclosed. Following this award, Clawson beneficially owned 11,701.547 common shares (or equivalent RSUs) on a direct basis, representing an estimated post-transaction holding value of roughly $2.67 million based on the current market price of $228.28 per share. Given its nature as a routine compensation-related dividend reinvestment event rather than a discretionary purchase or sale, this filing is of relatively low concern from a trading-sentiment standpoint.
Filing Facts
- CIK
- 80661
- Ticker
- PGR
- Form
- 4
- Source Type
- sec
- Accession
- 0000080661-26-000231
- Alert Tier
- 4