PROGRESSIVE CORP/OH/ 4

President and CEO Susan Patricia Griffith received a large performance-based RSU vesting in Progressive Corp. common stock and had a portion of the shares withheld to cover taxes, materially increasing her net equity stake.

On July 24, 2026, Progressive Corp.'s President and CEO, Susan Patricia Griffith, received 133,595.025 shares of common stock upon the vesting of performance-based restricted stock units granted in 2023 (including accrued dividend equivalents), increasing her directly held stake to 619,032.572 shares before tax withholding. On the same date, 58,919 shares were withheld at an implied price of approximately $211.90 per share to cover taxes associated with the vesting, reducing her direct holdings to 560,113.572 shares. In addition to this direct ownership, she has indirect interests in 16,788.481 shares held in a 401(k) plan, 19,108 shares held by her husband, and 53,737.096 shares held in her husband’s trust. Using the recent share price of about $221.73, her direct post-transaction holdings are worth roughly $124 million, and her total direct plus disclosed indirect interests are worth on the order of $137 million, indicating a substantial ongoing equity alignment with shareholders. The transactions appear to be routine compensation-related equity vesting and associated tax withholding rather than discretionary open-market trading.

Filing Facts

CIK

80661

Ticker

PGR

Form

4

Source Type

sec

Accession

0000080661-26-000286

Alert Tier

6