PROGRESSIVE CORP/OH/ 4

Progressive Corporation Personal Lines President Patrick K. Callahan received small, routine dividend-equivalent RSU and deferred compensation unit accruals tied to common stock on July 10, 2026.

On July 10, 2026, Progressive Corporation Personal Lines President Patrick K. Callahan received automatic dividend-equivalent reinvestments in the form of 6.687 Restricted Stock Units and 42.837 Deferred Compensation Units, both referenced as common stock-based units on a 1-for-1 basis. These awards were recorded at implied per‑share values of approximately $153.68 for the RSUs and $983.03 for the deferred comp units (plan-based valuation, not market prices), resulting in an estimated aggregate grant value of about $51,200. Following these accruals, Callahan beneficially owned 15,368.422 common-share-equivalent RSUs and 98,302.735 common-share-equivalent Deferred Compensation Units on a deferred basis. Using Progressive’s recent market price of about $228.06 per share, his post-transaction equity and deferred units position is valued at roughly $26 million in total, and the filing notes these units vest or pay out in line with the underlying award and plan elections rather than representing an open-market trade.

Filing Facts

CIK

80661

Ticker

PGR

Form

4

Source Type

sec

Accession

0000080661-26-000229

Alert Tier

5