PROGRESSIVE CORP/OH/ 4
0000080661-26-000255
View on SEC EDGARDirector Charles A. Davis received additional phantom stock units in two dividend-reinvestment transactions tied to Progressive Corp/OH common stock on July 10, 2026.
On July 10, 2026, Progressive Corp/OH director Charles A. Davis received additional phantom stock units through the automatic reinvestment of dividend equivalents under the company’s compensation plan. The filing reports two separate accruals of phantom units: one valued at approximately $2,193.40 linked to 5,041.148 common-share-equivalent units, and another valued at approximately $9,537.80 linked to 21,921.1309 common-share-equivalent units, each convertible on a 1-for-1 basis into cash based on Progressive’s common stock. These awards are structured as deferred compensation to be paid out in cash at a future date elected by the reporting person (or otherwise under the plan), and do not represent open-market purchases or sales of Progressive common stock. After these accruals, Davis’s derivative holdings reflect increased phantom stock exposure to Progressive shares, with an estimated post-transaction notional value of roughly $6.18 million based on the current share price.
Filing Facts
- CIK
- 80661
- Ticker
- PGR
- Form
- 4
- Source Type
- sec
- Accession
- 0000080661-26-000255
- Alert Tier
- 5